HCL Technologies reporting third quarter (January-March) net profit at Rs 1,624 crore, up 8.5 percent sequentially and 59 percent on yearly basis due to better operating performance.
·Piramal Enterprise, Shriram Transport up 4-5% on stake sale
Piramal Enterprises is looking to invest in Shriram Capital, which is the holding company of Shriram Transport. Piramal already owns 10 percent in Shriram Transport.
·Mindtree gains on 1:1 bonus issue, strong Q4 earnings
Mindtree has rallied nearly 5% after its board recommended the issue of bonus shares in the ratio of one equity share for every equity share held.
.TCS Q4 net up 0.5% QoQ, to hire 55,000 employees in FY15
Shares of TCS was up 1% after the company posted 48.2% increase in net profit for the quarter ended March 31.Its consolidated revenue rose 31.2% over the year-ago quarter to Rs 21,551 crore.
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