Indian stock markets are showing a strong rebound. Investors are now carefully selecting companies with good earnings and strong finances. Key sectors like power and pharmaceuticals are attracting attention. Mid-cap PSU banks are also seen as promising. Niche engineering and manufacturing firms are expected to perform well. This selective approach is driven by evolving global demand and input costs.
DMart Q1 results: Cons PAT up 11% to Rs 860 crore, revenue rises to Rs 18,795 crore
Avenue Supermarts reported an 11.3% net profit increase for the June quarter. The company’s revenue from operations also saw a 14.9% year-on-year rise. EBITDA grew