Nifty 50 companies anticipate double-digit revenue growth for the June 2026 quarter. Profit growth is projected to remain in single digits due to margin compression. Input cost inflation and elevated crude prices are impacting profitability significantly. Companies with strong pricing power are expected to better protect their profit margins. Select sectors like automobiles and banking are poised for strong growth.
Tata Group stocks reel from aftershocks as Trusts opposes third term for N Chandra
Tata stocks plummeted on Friday due to opposition from Tata Trusts, who contested the reappointment of N Chandrasekaran as chairman by the Tata Sons board.