The company’s consolidated net profit for the quarter is likely to drop 10% year-on-year (YoY) to Rs 16,170 crore, according to the average of estimates given by 10 brokerages. Consolidated revenue is seen down 2% YoY at Rs 2.15 lakh crore.
Sensex and Nifty fell into the red on Friday, ending their seven-day winning streak, despite gains in some financial stocks.
I think investor communication on that front would be helpful in cooling off speculation. And I think the stock has now stabilised. But the last
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