The brokerage said a likely positive shift in fundamentals is not in the price and it expects Indian equities to recover the lost ground against its peer group through the rest of 2025.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.