Adani Ports is expected to register a 31% growth in revenues to Rs 5,028 crore with an 80% profit rise to Rs 1,842 crore in their quarter four report. However, continuing export curbs may impact underlying comparable volume growth in the company. Meanwhile, Apollo Hospitals is set to see its net profit more than double YoY to Rs 241 crore, with sales expected to grow 25%. The growth is expected to come from store additions and higher sales from already established stores.
The RSI myth: Does this popular trading indicator actually work?
A 25-year backtest of RSI strategies across Indian indices reveals that long-only approaches yield promising results, particularly the RSI 30-70 reversal method for patient investors.