“Operating performance for the quarter ended September was better than its peers. Q2 was largely in line with estimates and the demand outlook is also looking strong,” the brokerage said.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj