“Two largecaps to go for are ICICI Bank and UltraTech Cement. ICICI has been a stellar bank as far as the liability franchise, the NIMs and the asset quality are concerned and retail flows have been the saviour of this market. One can also add an UltraTech Cement where the numbers were slightly below expectation because of the extended monsoon.”
Apollo Micro Systems shares rally 9% as Q2 net profit jumps 56% YoY
Apollo Micro Systems has reported an impressive rise in Q2 earnings, with net profit soaring by 56% compared to last year. Revenues spiked 72%, hitting