Market expert Hemang Jani identifies opportunities in beaten-down stocks like Trent, Dixon Technologies, and Cummins India, which have strong fundamentals despite significant corrections. He advises focusing on companies with solid earnings growth instead of large-cap defensive names for potential bounce-back investments.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs