Guidance

September quarter results have shattered Axis Bank guidance on bad loans and showed how horribly off it was in its timing and judgement of asset quality

A further weakening of the macroeconomic environment and a softening in clients' discretionary spending pattern behind reduction in expected revenue

Arpu growth, subscriber additions and Ebitda margin performance in the coming quarters will determine the course of the stock

Despite giving a higher guidance for the current fourth quarter, Wipro will grow at its slowest pace in more than five years in 2015-16

The main disappointment for investors could well have stemmed from lower guidance

While the bank's bad loans ratio has worsened, it reiterated its guidance for credit costs of 50-70 bps this fiscal year

Infosys poured cold water on investors' hopes by sticking with its April guidance of 10-12% growth for fiscal year 2015-16

Sensex settled 175.40 points lower at 26,904.11 after surging over 225 points earlier following a downward revision in Infosys's dollar revenue forecast

Investors would do well not to ignore Cipla's cautious stance, or its desire to reinvest these profits in its business

The stock fell as management's lower guidance was hard to fathom, given that revenue in the March quarter surpassed Bloomberg's estimate by a wide margin