IT stocks traded higher following the latest June-quarter earnings, with investors favouring companies that delivered stronger growth and profitability. While Tech Mahindra gained after reporting better-than-expected results, Wipro came under pressure due to weaker margins and cautious guidance.
4,000 listed firms report robust profit growth driven by efficient cost management and moderated employee expenses.
New Delhi, December 16: Approximately 4,000 listed companies in...