Revenue growth is also likely to remain in double digits, albeit slower, given the high base effect of the previous year’s June quarter. In addition, benign input costs will continue to support operating profitability.
Market Trading Guide: EID Parry, Deepak Fertilizers among 5 stock recommendations for Thursday
Indian indices ended flat amid mixed performances, with Reliance and HDFC Bank dragging down. Analysts recommend stocks like Chambal Fertilizers and EID Parry for potential