In rupee terms, revenue is likely to grow at a higher rate of 4.7% to ₹55,221.9 crore helped by a 3.2% average depreciation in the rupee during the quarter. Net profit is expected to grow by 10.7% sequentially to ₹10,490 crore after falling by 4.5% in the previous quarter.
MTAR Tech vs Apollo Micro Systems: Which multibagger defence stock to buy after 395% rally in 1 year
Two Indian defence stocks, MTAR Tech and Apollo Micro Systems, have delivered spectacular returns. MTAR Tech surged 395% and Apollo Micro Systems climbed 185% in