Indian primary markets see record IPOs but long-term wealth creation tells a different story. Only a fraction of companies outperform the broader market over time. Investors are cautioned against IPO euphoria. Patience and selectivity are key to sustainable wealth. Valuations in mid and smallcaps remain a concern. Consumption and IT sectors show promise. FII ownership is currently low, offering comfort.
Bharat Dynamics Q4 Results: Net profit tumbles 59% to Rs 113 crore; dividend announced
Bharat Dynamics reported a 59% YoY net profit drop to Rs 113 crore for Q4 FY26, with revenue declining 73%. For the full fiscal year,