Tech Mahindra reported a significant surge in its Q4 consolidated net profit, marking a 76% year-over-year increase to reach Rs 1,167 crore, accompanied by a 4% rise in revenue. The company’s board recommended a final dividend of Rs 30 per share. Deal wins stood at $2.7 billion, reflecting a 42% YoY increase.
India’s insurance story still in early innings: long runway ahead: Nischal Maheshwari
Market expert Nischal Maheshwari expresses optimism about the insurance sector. He favors life insurance companies like SBI Life and LIC due to their appealing valuations.