The article reports a strong session on India’s stock market, with the Sensex rising about 1,073 points and the Nifty reclaiming the 24,000 level. It says nearly 150 BSE-listed stocks reached 52-week highs, including HFCL, Torrent Pharma and Polycab. Sectoral indices closed higher, with oil & gas and auto up 1–2%, according to the report.
Team Inc. (TISI) has reported financial losses for both its fourth quarter and the full fiscal year. The industrial services firm experienced a net loss of $3.8 million in Q4, with adjusted per-share losses of $1.21, on revenues of $224.8 million. For the entire fiscal year, the company's net loss was $49.2 million, or $11.70 per share, with total revenues reaching $896.5 million.
TISI shares decline after Q3 earnings results, but rising revenues, stronger margins and improving segment performance highlight ongoing progress in its transformation plan.