Numerous companies are expected to reveal their first quarter earnings, including Titan, Hindustan Zinc, and Delhivery. Titan’s performance suffered due to high gold prices and regional competition. Analysts predicted a 6% YoY sales increase but a minor 1% decline in net profit for April-June 2024, highlighting challenges in the jewelry segment.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,