JM Financial’s shares plunged 8% following a significant drop in fourth-quarter net revenue and profit. While full-year profit after tax saw a substantial increase, the quarterly performance indicated a downturn, with operating net profit declining. This mixed financial report has investors concerned about the company’s short-term outlook.
Crude oil shock clouds near-term outlook, but FY27 earnings growth still intact: Karthikraj Lakshmanan
UTI AMC’s Karthikraj Lakshmanan sees cautiously optimistic Indian market outlook with intact FY27 earnings trajectory, despite near-term crude oil volatility. Macro pressures from rising oil