The Q2 report cards of India’s biggest IT firm, biggest private bank and largest NBFC have a clear message for investors – size can be a double-edged sword.
HFCL s management stated hat the company witnessed softening in demand of optical fibre cables and telecom and networking products from the telcos, resulting into decline in product revenue in Q2.
Shares of Hindustan Unilever Ltd fell over 2% on Friday after the company reported a marginal decline in consolidated net profit for the second quarter ended