Having said that, the reason why we feel that we are pretty confident in pent-up demand, because of the asset quality being much better than what we really expected and possibly also the fact that whatever had happened during the pandemic, I think that is all over now. We made all write-offs and provisions and we have nothing more to practically look at in terms of stability and once all these factors start kicking in, our cost-to-income ratios, as well as ROAs, everything will have a positive impact in terms of whatever guidance we have given.
Azad Engineering block deal: Nomura picks stake worth Rs 66 crore in this smallcap defence stock
Nomura acquired over 4.1 lakh shares in Azad Engineering for Rs 66 crore through a block deal at an 8% discount. Despite the investment, Azad’s
June 7, 2025