Net profit in the December 2023 quarter for the Nifty 50 constituents is expected to climb 15%, compared with 7.6% growth in the year-ago period. To be sure, the year-on-year profit growth was above 25% in each of the two previous quarters, reflecting the base effect.
Kotak Mahindra MF, Citigroup, others buy 10.64% stake in Home First Finance for Rs 1,307 crore
Kotak Mahindra MF, Fidelity, Morgan Stanley, and Citigroup Global Markets Mauritius are among those entities that collectively bought a 10.64 per cent stake in Home