Over the long term, the optimism is very much intact. But in the near-term valuations are a little extended. It’s about how much of a premium you are willing to pay for the visibility, secular growth and the lack of correlation with the world.
Bharti Hexacom shares rose 3.8% after the company reported a 23% increase in net profit, reaching Rs 261 crore, and a 25% rise in revenue
Trent’s shares rose nearly 2% as Q3 FY25 net profit grew 33% to Rs 497 crore. Revenue increased by 34% to Rs 4,657 crore. The
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