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India Business News: Net profit declined to Rs 2,694 crore, while consolidated revenue dropped to Rs 22,205 crore. Re 1 per share interim dividend announced. Q4 revenue ex ....
Sandip Sabharwal says: In OMCs, the entire story will just go awry if just before elections, ther are forced to cut prices by Rs 5-10. Now that they have hit a 52-week high, all those investors who got in early and are making good profits, should be trimming positions rather than getting excited and getting in now.” ....
After an unusually solid September quarter, not a single mega deal was announced by Indian IT during the third quarter. A weak FY24 exit looks imminent ....
Nitin Raheja says: “Six months down the road or in the second half of this year, you were to see rate cuts actually transpire. At that period of time, some of these larger banks will have superior return on asset and return on equity standing there would actually get re-rated from where they stand today. It all portends very well for some of the large banks now.” ....