Going ahead, the company has sourced a new supplier to combat semiconductor shortages. Furthermore, the company would focus on restocking inventory at dealer levels.
Indian Bank reported a standalone net profit of Rs 3,103 crore for the March-ended quarter, up 5% from Rs 2,956 crore a year ago. Net
Markets are oscillating between sentiment and fundamentals, with global disruptions impacting near-term earnings. Raunak Onkar of PPFAS Mutual Fund highlights that while growth expectations are
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