SBI Card’s net profit decreased by 5% YoY to Rs. 593 crore for Q1 FY24 while revenue from operations increased by 24% YoY to Rs. 4,046 crore. M&M Financial’s profit was at Rs. 353 crore for Q1, a YoY growth of 58%, and total income was at Rs. 3,125 crore, a 25% YoY increase.
Largecaps seen as safer harbour in stock picker’s market: Nitin Bhasin
Market participants should brace for a phase where easy returns from broad themes may fade. Selectivity, precise bet sizing, and a sharp bottom-up approach will