Dixon Technologies' share price gained nearly a percent in the early trade on January 20 as the company is going to acquire land and assets of KHY Electronic India.At 09:24 am, Dixon Technologies was quoting at Rs 17,360.00, up Rs 128.25, or 0.74 percent, on the BSE.The company subsidiary IsmartU India has entered into a binding Memorandum of Understanding with KHY Electronic India whereby the sub...

Information Technology major Wipro delivered better-than-expected earnings for Q3, marked particularly by its continued margin improvement despite a seasonally weak quarter. The company's operating margins, which came at a three-year high in Q3 have garnered positive views from brokerages, with some upgrading their estimates for the IT player.On the back of this positive momentum, shares of Wipro ...

Tech Mahindra, currently in the first phase of its three-year turnaround plan, is steadily progressing toward its ambitious FY27 targets, marked by deal stabilization and margin improvement in the fiscal so far. However, after the company's Q3 results, brokerages anticipate a tougher road to recovery ahead for Tech Mahindra, thereby choosing to hold a cautious stance.Shares of Tech Mahindra also t...

Benchmark indices Nifty and Sensex opened higher on January 20, driven by gains in Kotak Mahindra Bank and Wipro, which boosted sentiment in banking and IT stocks. However, weakness in the auto and metal sectors tempered the rally. India VIX, a barometer to assess market anxiety, flared up nearly 8 percent to touch the 17 levels.Global markets were buoyed by optimism following positive talks betwe...

Shares of The Indian Hotels Company (IHCL) slipped 3 percent to Rs 789 in morning trade on January 20 despite posting a net profit of Rs 582.32 crore for the October-December quarter of FY25, reflecting a 29 percent increase compared to Rs 451.95 crore reported in the same period last year. Revenue from operations also surged by nearly 29 percent, reaching Rs 2,533.05 crore in Q3 FY25.The results,...