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Tata Steel’s recast programme, HCL Technologies' bid to improve operating margin; read all this and more on Moneycontrol Pro
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  • Tata Steel’s recast programme, HCL Technologies' bid to improve operating margin; read all this and more on Moneycontrol Pro

Tata Steel’s recast programme, HCL Technologies' bid to improve operating margin; read all this and more on Moneycontrol Pro

FP Staff • August 8, 2019, 17:10:00 IST
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Tata Steel’s recast programme, HCL Technologies' bid to improve operating margin; read all this and more on Moneycontrol Pro

Finally, some great news! India’s fastest-growing financial subscriptions service, Moneycontrol Pro, is available both on the website and mobile apps. Moneycontrol Pro offers curated markets data, independent equity analysis, insights into investment styles and exclusive trading recommendations. In sum, all the information you need for wealth creation. Independence Day Offer: Pay Rs 289 for 3 months and get Moneycontrol Pro for 1 year. Use code “FREEDOM” For more information, check out the Moneycontrol website or mobile app. [caption id=“attachment_6847201” align=“alignleft” width=“380”]Representational image Representational image[/caption] Tata Steel’s caught between Europe and a hard place Tata Steel’s European business dragged down its performance, underlining the impact on its performance of the failed JV with Thyssenkrupp. Its shares are falling as the going will be tough, as external factors notably the US-China trade war are affecting the global economy and demand for steel. That’s why Tata Steel has embarked on a restructuring program in India and abroad. Read here to see how it plans to ride out this rough weather and what good that can do. HCL Technologies: Strong revenue growth HCL Technologies’ revenue growth was healthy with a large deal and a turnaround in its BFSI business aiding growth. The company has maintained its full-year guidance and expects to end the year with its revenues leading industry growth rates. While operating margin dip was a concern, the company expects this will recover in Q2. Read what our analyst thinks about this software company’s valuations. Learn Series Sector explainer | Chemicals are a way of life. Learn how to master the game. The chemicals sector is attracting growing investor attention as China’s tightening of environmental norms and the ongoing trade spat has seen India’s chemical companies benefit. Since you must look before you leap, our research analyst has put together an explainer that tells you everything you need to know, what to look for and what pitfalls to avoid when you consider investing in chemical companies. Read here. INDEPENDENCE OFFER: Moneycontrol Pro for 1 year at a price of 3 months. Use code “FREEDOM” Get Moneycontrol Pro annual subscription at the price of three months. Now at Rs 289 only instead of Rs 999. Use code “FREEDOM”

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