Foreign institutional investors reduced stakes in several Indian defence stocks during the September quarter, citing valuation concerns and slower-than-expected order inflows. Despite this pullback, mutual funds showed increased buying interest, indicating a selective shift in investor preference within the sector.
Pankaj Tibrewal sees stronger top-line growth driving India’s next earnings cycle
Indian companies are poised to navigate input cost pressures and sustain growth, with the upcoming earnings season expected to be the next market trigger. Experts