The brokerage said it cut its FY25 Profit after Tax (PAT) estimates by 22% due to this ₹6.74 billion reversal. It also slashed the FY26 and FY27 PAT estimates by 13%-17%, citing Net Interest Margin (NIM) compression and lower growth.
The Indian stock market is poised for a strong weekly close, with the Nifty nearing 26,000. Analysts anticipate a bullish trend continuing into December, driven
Indian Oil Corporation announced an interim dividend of Rs 5 per share for FY26, fixing 18 December 2026 as the record date. Shares rose intraday,
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