While some analysts cut their earnings expectations from SBI for FY23 following the disappointing quarter, others retained their bullish ratings citing cheaper valuations. Morgan Stanley said SBI’s valuations at one time FY24 book are attractive. CLSA increased its price target on the stock to factor in the higher price targets of its subsidiaries.
DMart Q2 Results: Cons profit rises nearly 9% YoY to Rs 743 crore, revenue jumps 18%
DMart operator Avenue Supermarts reported an 8.5% year-on-year rise in consolidated net profit to Rs 743 crore in Q2FY27, while revenue grew 17.8% to Rs