Hindalco Share Price: Hindalco’s shares climbed after the company announced a significant jump in its second-quarter net profit. The company’s profit soared by 123% compared to the same period last year. This impressive performance was driven by strong results in its India business. Analysts are optimistic about Hindalco’s future prospects, with JP Morgan and Investec maintaining positive ratings on the stock.
Retail investors shift focus to high-yield corporate bonds for better returns
Mumbai’s retail investors seek higher returns. They are investing in high-yield corporate bonds. RBI’s rate cuts push them towards state-guaranteed papers and NBFC bonds. Online