Shares of Coforge, which was earlier known as NIIT Technologies, fell nearly 10% on Friday to the day’s low of Rs 4,505 on BSE after the IT company reported weak Q4 results in which both revenue and margin missed estimates.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,