“Cost pressures were seen in Q1. Standalone adjusted EBITDA fell by ~68% on a YoY basis. There is confidence around JSPL’s balance sheet and potential upsides,” the brokerage said.
Wendy’s shares jump after Nelson Peltz’s Trian Fund Management offers $7.35 per share to take the burger chain private, as the company faces high beef
Bandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interest income grew
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