It is difficult to predict at this stage if this will lead to bigger damage, but this will lead to higher risk aversion in the system and anyone dealing with these banks will now come more into the limelight. The challenge to the stock markets at this stage will not be significant except if there is a case of continuous collateral damage.
Uflex shares surge 16% after Q1 profit zooms 630% YoY
Uflex shares rallied after the company reported a 630% YoY jump in Q1 FY27 net profit to Rs 423.3 crore. Revenue grew 38% to Rs