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Nifty stock: The index constituent is a producer of viscose, diversified chemicals, linen yarn and fabrics producer in India. It is also a key cement maker. It recently ventured into paints business.
Analysts anticipate Reliance Jio and Bharti Airtel, leading telecom operators in India, to witness moderate sequential growth in their fiscal fourth-quarter mobile revenue. This growth is primarily driven by robust broadband user additions, with no tariff hikes implemented. Conversely, Vodafone Idea (Vi) is expected to experience a decline in revenue due to persistent heavy customer attrition.
Analysts at Kotak project a 25 percent year-on-year growth in Zomato's food delivery gross merchandise value (GMV) and an impressive 99 percent on year growth in Blinkit GMV.
ABFRL shares: Madura’s business may see multiple re-rating, said Kotak Institution Equities. But the brokerage said it would wait for strategic direction from the management.
Indian shares were muted on Wednesday, caught up in the Asia-wide weakness on rising concerns that the Federal Reserve may delay lowering interest rates and as consumer stocks declined. ...