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.”
BFSI remains a key driver of market resilience despite global jitters: Pankaj Pandey
Overall, sense is that the domestic flows in core categories are intact from a mutual fund perspective and also, from the FII perspective, a bigger