What’s in store for HUL, Axis Bank, Bajaj Finserv, Wipro, TechM in Q4?
Nifty companies, including HUL, Axis Bank, and Wipro, are set to announce their fourth-quarter earnings today. HUL is expected to report double-digit revenue growth led by price hikes, while Axis Bank’s bottom line is likely to be dampened due to one-off costs from integrating Citibank India’s business. Meanwhile, Wipro’s revenue growth in constant currency terms is forecasted to be soft due to slower conversion and weakness in consulting. Bajaj Finserv’s sales are expected to grow at 34%, while PAT could rise by 51% YoY.