The failure of two US banks has no material effect on the earnings outlook of Indian publicly traded companies, the report stressed, while observing that the SVB saga will have a positive impact on the Indian stock markets.
Mukul Agrawal-backed PTC Industries shares slip 4% despite 466% surge in Q1 profit and 180% EBITDA growth
PTC Industries shares fell 4% despite a strong Q1 FY27 performance, with profit surging 466% and EBITDA rising 180%. Revenue grew 83% year-on-year to ₹197.1