It has compounded earnings by ~20% for an elongated period of time. In the jewellery industry, which is organising at a rapid pace, it is clearly at the vanguard in terms of growth among organised players. Its runway for growth is long, with a market share of ~6%. Unlike other high-growth categories, the competitive intensity from organised and unorganised peers in jewelry is considerably weaker,” the brokerage said.
Tata Communications Q4 Results: Profit falls 75% YoY to Rs 259 crore; co declares Rs 17.5 dividend
Tata Communications reported a 75% YoY drop in Q4 profit to Rs 259 crore due to absence of one-off gains, despite 9% revenue growth. Higher