The company reported strong earnings across its segments, with a 385 basis points (bps) improvement in the operating profit (Ebitda) margin to 36.1%. A basis point is a hundredth of a percentage point.
Shares of State Bank of India (SBI) rose sharply after its subsidiary SBI Funds Management filed draft IPO papers with Sebi for a pure offer
Global markets are volatile due to Middle East conflict. India’s energy security provides a strong position. Experts advise patience for retail investors. A relief rally
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