ASK Investment Managers is navigating market volatility with a focus on quality and growth stocks, favoring manufacturing, consumption, and healthcare sectors. Despite global headwinds, the firm believes India’s domestic strength positions it favorably to attract foreign investment. Earnings trajectory and capital efficiency are crucial for sustained market improvement.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.