The American short seller claimed that the group indulged in stock price manipulation through shell companies, corporate misgovernance, and that most of the group companies remain highly leveraged with negative cash flows.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Market expert Nischal Maheshwari advises investors to focus on fundamentals amidst market volatility. He notes large-cap growth remains single-digit, banks are poised for margin improvement,