Nifty 50 companies are projected to see a 1.1% dip in net profit for the March quarter due to one-off gains in the previous year and lower expected profits from banking, pharma, and IT sectors. Revenue is anticipated to grow 8.3%, with operating margins expected to contract by 70 basis points.
2 mainboard IPOs set to hit D-Street after a month of lull
India’s IPO market is set to revive with two mainboard issues, CMR Green Technologies and Hexagon Nutrition, opening this week after a lull. Together aiming