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Moglix provides solutions to more than 5 lakh SMEs and 3,000 manufacturing plants across India, Singapore, the UK, and the UAE.
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IT sector will continue to trade at higher multiples well supported by improving visibility (strong deal wins, faster ramp-up), sustained margins, improving free cash flows and improving demand environment across verticals.
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Shares of the company traded 1.42% down at Rs 1395.45 at around 10.20 am (IST). On the other hand, the benchmark BSE Sensex was up 492 points, or 1.01%, at 49,225 at around the same time.
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PNB Housing Finance, Chennai Petroleum Corporation and Jindal Stainless stood among companies which managed to report profits in Q4FY21 after registering losses in Q4FY20
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Larsen & Toubro's income during January-March period increased to Rs 49,116.16 crore from Rs 44,905.76 crore in the year-ago period
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For the entire 2020-21 fiscal year, Cipla reported a consolidated net profit of Rs 2,389 crore as against Rs 1,500 crore in the previous year
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Aditya Birla Capital's revenue during the fourth quarter of the financial year 2020-21 rose by 16% to Rs 5,917 crore as against Rs 5,085 crore in the year-ago period
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Macrotech Developers' total income fell to Rs 2,611.16 crore during the January-March period of last financial year from Rs 3,203.63 crore in the corresponding period of the previous year
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For 2020-21 fiscal year, Dr Reddy's posted a consolidated net profit of Rs 1,952 crore as against Rs 2,026 crore in 2019-20
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ICICI Securities continues to believe in the inherent strength of Asian Paints considering its 80 years old business legacy, strong balance sheet and its supply chain networks
