Thursday’s M-Cap rally by Nividia was Wall Street’s largest one-day gain for a single company in history after the heavyweight chipmaker’s quarterly report beat expectations and reignited a rally fuelled by optimism about artificial intelligence.
Carraro India turning the corner, offers an entry point
The company has in-house design and manufacturing capabilities. However, it historically has a lower operating margin before depreciation and amortisation (Ebitda margin) compared with peers.
December 23, 2024