Nifty 50 companies are poised for double-digit net profit growth for the fourth consecutive quarter, driven by sectors like automobiles and metals. While revenue growth may remain subdued, analysts anticipate improved prospects in the latter half of the fiscal year, supported by GST rationalization and government stimulus.
Warning Signal? FIIs cut stake in 11 smallcap stocks in the last 3 quarters; prices crash up to 70%
Reliance Power’s shares declined as the Enforcement Directorate filed a chargesheet in a fake bank guarantee case, weighing on investor sentiment and drawing renewed attention