Several midcap stocks are delivering strong returns on equity above 50%, reflecting efficient management and solid business models. High RoE indicates financial health and growth potential.
Wall Street closed mixed as investors awaited tech earnings and feared rate hikes. Oil prices fell after President Trump discussed peace talks with Iran. Major
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.
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