Angel One, the third-largest broker by client base, posted a 17% quarter-on-quarter (QoQ) decline in revenues for the December quarter. Its net profit plunged 34%, falling from ₹423 crore in September to ₹281 crore in December.
Insurance sector shows promise despite market slump: Sandip Sabharwal
The government knows that there is a slowdown, but still the government capex, government spending has not picked up. Now what is leading to that,