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In the midcap rally of FY24, 23 stocks out of the 111 on the index, turned out to be multi-baggers. But only four stocks were the triumphant tortoise: Trent, Aurobindo Pharma, Lupin and Solar Industries
The sector appears to be stuck in a situation where it is seeing strong demand along with uncertain deal closure timelines. Analysts say the sector's growth will fall from double-digits to lower single-digit levels in FY24
Bharti Airtel's stock price rose nearly 9% on Wednesday, reaching a new 52-week high, primarily due to brokerages' preference for the firm's stock in the digital infrastructure sector. Airtel is also expected to report strong India Mobile EBITDA CAGR ahead.
Haridasan, who is currently Managing Director and Co-Head of Equities at Axis Capital, has more than 20 years of experience in financial markets across different asset classes.
According to the official statement, the platform takes a scientific approach to analysing the data, which helps investors get an in-depth analysis of all financial instruments, , axis direct, FinPlan, finances