The management said that margins in the current quarter will see the impact of two additional months of salary increment, though it expects it to be partially offset by likely improvement of utilisation and price realisation. Attrition has been a key factor contributing to the rise in staff cost and hurting margin.
HFCL vs Sterlite Tech: Both stocks turn multibaggers, rocket up to 375% YTD. Should you invest amid AI boom?
Optical fibre makers HFCL and Sterlite Technologies are experiencing a boom, with shares surging due to massive demand for AI-driven data centre infrastructure. India’s growing