The fourth quarter earnings season is gaining traction, with key companies like Airtel, Tata Motors, and Cipla set to announce their results. Tata Motors anticipates flat revenue growth and margin pressure, particularly in its JLR business. Hero MotoCorp expects modest revenue growth driven by improved average selling prices, with profitability projected to rise in the high-single digits.
West Asia tensions rattle capital goods stocks; L&T, KEC slide
Engineering and capital goods stocks are under pressure due to the Iran-Israel conflict, with the BSE Capital Goods index falling nearly 4%. Companies like Larsen