PSU stocks like Cochin Shipyard and Bharat Dynamics fell by 10% following the BSE PSU index’s 4% drop post Lok Sabha election results. Analysts remain positive on PSUs as they see government entities having an advantage.
Dinesh Kumar Khara emphasizes that the adoption of the repo rate as an external benchmark by banks will ensure quick transmission of policy rate changes
Mazagon Dock Q3 Results: Revenue from operations surged 33% YoY to Rs 3,144 crore in the reviewed quarter, up from Rs 2,362 crore a year
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