The company reported strong earnings across its segments, with a 385 basis points (bps) improvement in the operating profit (Ebitda) margin to 36.1%. A basis point is a hundredth of a percentage point.
In the week ending April 17, the benchmark Sensex rose by approximately 4.5%. Amid this broader market rally, seven penny stocks posted gains ranging from
Despite recession fears, Indian markets rebounded strongly, with the Nifty and Sensex closing near weekly highs. Realty, banking, and financials led the gains, supported by
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