Rajeev Agrawal of DoorDarshi India Fund suggests Indian markets remained resilient due to India’s calibrated response to a terrorist attack and a healthy economy. Strong PMI numbers and reasonable valuations contribute to a positive outlook. A strong rupee and anticipated government infrastructure spending are attracting foreign investors back to Indian equities, shifting the narrative from China.
ACC Q1 Results: Cons PAT rises 4% YoY to Rs 375 crore, revenue up 18%
ACC reported a 4% YoY increase in consolidated net profit, reaching Rs 375 crore, with revenue from operations rising 18% to Rs 6,015 crore. Volume