The shares of Aditya Infotech have made a notable recovery after a recent equity raise focused on enhancing capacity. However, the company is grappling with high electronic component prices that are squeezing profits. On a positive note, the introduction of new STQC norms is expanding the market opportunities for Indian manufacturers.
Volatile yen draws intervention watch, other currencies subdued
In response to last week’s notable drop, currency markets have been closely monitoring the yen. Reports suggest that Japanese officials are conducting rate checks, hinting