The company’s quarterly update on Wednesday sent the stock lower. The stock was already quoting at expensive valuations and failed to meet expectations. The punishment was severe, and it broke all-important support and closed below the 20 and 10-day SMA.
Nifty megacaps are going nowhere. Why Samco CIO Umesh Mehta put 75% of his flexicap fund beyond largecaps
Mutual Fund CIO Umesh Mehta says Nifty mega caps may remain subdued as institutional ownership limits fresh buying and earnings momentum shifts towards mid- and