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Introduction of Futures & Options Contracts on 4 Individual Securities w.e.f. June 25, 2021
1.ABFRL
2.COROMANDEL
3.INDHOTEL
4.METROPOLIS
*Accenture* raises its business outlook for FY21; now expects revenue growth of 10% to 11% vs previous guidance of 6.5% to 8.5% ; operating margin of 15.1%; GAAP EPS of $9.07 to $9.16; adjusted EPS of $8.71 to $8.80; and free cash flow of $8.0 billion to $8.5 billion
Accenture expects revenues for the fourth quarter of fiscal 2021 to be in the range of $13.1 billion to $13.5 billion
Accenture Q3 FY21 revenue came at $13.3 bn an well above on its guided range of $12.55 bn to $12.95 bn
Operating margin came at 16% vs YoY 15.6%
New bookings for the quarter were $15.4 billion, a 39% increase from the third quarter last year, with consulting bookings of $8.0 billion and outsourcing bookings of $7.4 billion.9M FY21 new booking came at $ 44.3 bn vs $35.6bn in 9MFY20
EPS came at $2.44
*Positive for Indian IT sector*
*Mishra Dhatu Nigam Ltd.- S* | *CMP* Rs. 210 | *M Cap* Rs. 3941 Cr | *52 W H/L* 236/173
(Nirmal Bang Retail Research)
*Result Improved*
*The company recommended final dividend of Rs. 1.58/share*
Revenue from Operations came at Rs. 345.9 Cr (82% QoQ, 69.9% YoY) vs QoQ Rs. 190.1 Cr, YoY Rs. 203.6 Cr
EBIDTA came at Rs. 103.1 Cr (19.3% QoQ, 105.8% YoY) vs QoQ Rs. 86.4 Cr, YoY Rs. 50.1 Cr
EBITDA Margin came at 29.8% vs QoQ 45.5%, YoY 24.6%
Adj. PAT came at Rs. 74.6 Cr vs QoQ Rs. 60 Cr, YoY Rs. 40.4 Cr
Quarter EPS is Rs. 4
Share is trading at P/E of 23.7x TTM EPS
HILIKS 16.38❤️❤️

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