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For the July-September 2024 period, net profit is expected to decline by 3% year-on-year, based on the average estimate from four brokerages. Sales, however, are projected to increase by 13% year-on-year, according to the estimates.
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News and Media
Thirdly, there are some global factors as well that what is the trajectory of China's stimulus, so that has been one of the key factors, which in the last year, when some of the FIIs might have thought about China also as an investment class. But after that, again, China has corrected as well
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News and Media
Nilesh Shah, MD of Kotak AMC, suggests that Indian investors should explore global opportunities in innovative technologies. He highlights the rapid advancements in energy and pharmaceutical sectors, emphasizing the need for diversified investments to mitigate risks. Shah advocates for increasing the overseas investment limit for mutual funds, enabling Indians to participate in potentially high-growth sectors like disruptive technologies.
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News and Media
Earnings have been a little underwhelming. And US bond yields have shot up and that technically, obviously and that has added to a rich valuation. All these three factors are obviously creating what they are creating right now in the market
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News and Media
Adani Ports shares fell 4% to 1,336.30 after reporting October cargo handling of 37.9 MMT, while year-to-date cargo volume rose 8%, driven by strong container and liquid growth.
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News and Media
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