Investors are increasingly favoring riskier debt, including BBB-rated bonds and higher-rated junk bonds, as they anticipate a prolonged truce between Iran and the US. This shift signals growing optimism for peace in West Asia and a belief in the improving credit quality of these companies. Despite this, a cautious approach remains, with money managers still acknowledging potential risks ahead.
Jupiter Wagons Q4 Results: Cons PAT tumbles 72% to Rs 29 crore, revenue falls 25% YoY
Jupiter Wagons saw its net profit drop 72% to Rs 29 crore in the March quarter. Revenue also fell 25% to Rs 780 crore. The