PI Industries Share Price: PI Industries shares dropped 9% despite a 6% YoY rise in Q2 profit, driven by biological growth and improved gross margins. However, domestic revenue saw a decline.
Will RBI announce steep rate hikes? Nomura sees up to 50 bps increase by Dec, dismisses 125 bps hike fears
Nomura expects the RBI to pursue a limited tightening cycle, with a possible 50 bps rate hike by December, as food and energy pressures rise