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Trump would be inflationary, probably, and so there would be less of interest rate normalisation. The Federal Reserve might not be able to cut interest rates as much. If you look back when he was elected the last time, high yield bonds did very well and stocks did very well because his policies, as I said, were pro-business and pro-markets.
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The global brokerage firm said that it expects both earnings momentum and importantly cash flow generation to continue. Additionally, it sees Glenmark as more of an India / RoW play as these two contribute >70% of its EBITDA.
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This partnership marks a milestone in HFCLs journey, as it becomes a key contributor to one of the worlds most sophisticated unmanned aerial vehicles (UAVs). The partnership anticipates development of critical sub-systems for GA-ASIs current and future UAV platforms reflecting India's growing investment in advanced defence technologies, according to a release.
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