Jefferies said the company’s margins could jump to 31-32% for FY24-25 against 13% in FY22. “During Covid, IHCL has deployed several measures to contain its fixed cost and prune variable costs, and some of these are likely to be permanent.”
LIC shares climbed 4% on Monday, extending gains for a second straight session and taking the two-day rally to 6%. The stock gained momentum after
Apollo Micro Systems shares surged to an intraday high of Rs 400, extending a sharp rally fueled by robust Q4 FY26 results. The company reported
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