Hero Honda, TCS & Tech Stocks fall

At 13:21 pm (IST),TCS has lost by 1% to Rs. 1781

TCS has lost by 1% to Rs. 1781. The company’s Board of Directors is to meet on July 18, 2006, to take on record the audited financial results of the Company for the quarter ended June 30, 2006 (Q1) and to consider declaration of an Interim Dividend to the share holders. The scrip has touched a high of Rs. 1815 and a low of Rs. 1765 and has recorded volumes of over 2 lakh shares on NSE.

Wipro and Infosys are the major losers among the Tech stocks

Tech stocks are witnessing profit booking. Wipro lost by 2.2% to Rs. 483, Infosys came down by 1.2% to Rs. 3150, HCL Technologies is down by 1.2% to Rs. 512, Polaris slipped 1.7% to Rs. 70 and NIIT Ltd shed by 0.9% to Rs. 347.

At 14:22 pm (IST),Hero Honda has lost by 3.5% to Rs. 739

Hero Honda has lost by 3.5% to Rs. 739. The company has posted their Q1 profit result at Rs. 2.38bn (up 16.6%) and revenue at Rs. 24.17bn (up 20%). The scrip has touched a high of Rs. 774 and a low of Rs. 735 and has recorded volumes of over 4 lakh shares on NSE