Shoppers Stop Q3 Results: India’s Shoppers Stop Ltd reported a significant rise in quarterly profit after two straight quarters of loss. This growth was driven by strong demand for premium products such as watches and perfumes during the festive season. The department store chain saw an 11% rise in revenue from operations. Premium product categories contributed to 64% of overall revenue.
Midcap, smallcap valuations still overpriced despite recent correction: Shibani Sircar Kurian
The private sector banks, particularly large-cap ones, appear to have valuations that accommodate current headwinds. Large-caps offer attractive investment opportunities compared to mid-caps and small-caps,
January 15, 2025