CapitalStars Financial Research Pvt Ltd

CapitalStars

CapitalStars Financial Research Private Limited is an advisory company incepted with a vision of providing fair and accurate trading and investment calls in share and commodity market.we specialize in thorough fundamental and technical research analysis in equity and commodity market to provide best equity and commodity tips to traders and investors.we provide intraday as well as delivery stock tips in NSE and BSEand commodity tips in MCX and NCDEX. Read More

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In this service we provide 3-4 intraday calls in MCX with a high level of accuracy. The calls are given in Precious Metals, Base Metals and Energies. You can also avail Free Tips for two days to test our accuracy and if satisfied you can join the services with Capital Stars. Read More

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We provide you around 1-2 nifty calls, Bank Nifty Futures, nifty futures tips, sgx nifty tips Daily. You can gain more profit, Get 2 days free trial calls. Read More

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CapitalStars provides Free Trial in Intraday as well as in Positional Services of Equity, Derivatives, and Commodities and Forex Markets. We provide recommendations in NSE, BSE, MCX, NCDEX, and MCX-SX etc. We render you enough entry and exit time in our calls so clients can easily maximize their profits. Read More

Tuesday 31 January 2017

Tech Mahindra gains after posting strong Q3 results : 31 Jan 2017


Tech Mahindra rose 0.8 percent to Rs 475.50 on BSE after consolidated net profit rose 32.8 percent to Rs 856 crore on 5.4 percent growth in revenue to Rs 7,558 crore in Q3 December 2016 over Q2 September 2016.

The result was announced at the fag end of the trading session yesterday, 30 January 2017. The stock had risen 0.27 percent to Rs 466.75 ahead of the results yesterday, 30 January 2017.

Meanwhile, the S&P BSE Sensex was down 103.67 points or 0.37 percent at 27,745.89.

On the BSE, 48,738 shares were traded in the counter so far as against average daily volume of 2.39 lakh shares in the past one quarter. The stock had hit a high of Rs 485 and a low of Rs 465.80 so far during the day.

Tech Mahindra's consolidated profit after tax rose 30.8 percent to $126.3 million on 4.1 percent growth in revenue at $1116.1 million in Q3 December 2016 over Q2 September 2016. EBITDA rose 9.2 percent to $175 million in Q3 December 2016 over Q2 September 2016. Cash and cash equivalent stood at Rs 4951 crore as of 31 December 2016.

Vineet Nayyar, Vice Chairman, Tech Mahindra said that the strong deal wins and business momentum during the quarter reaffirm that the company is on the right track to capitalize on the opportunities from the global digital transformation, and see measurable benefits from that.

Tech Mahindra is a specialist in digital transformation, consulting and business re-engineering solutions.


Capitalstars Financial Research Private Limited is a research house and an investment advisory carrying out operations in the Indian Equities and Commodity market.We also provide 2 days free trial to our client.Join our services and trade with us. 

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* Investment & trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
* CapitalStars Investment Adviser: SEBI Registration Number: INA000001647

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