Anshul Saigal of Saigal Capital observes mixed earnings results across sectors like banking and consumer durables, noting market skepticism and reasonable earnings suggest underlying strength. He highlights Eternal’s positive surprise due to margin expansion in quick commerce. Titan’s GCC expansion is viewed favorably, but its premium valuation leaves little room for error.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs