We believe the PSU banking space is more of a play with the short-term perspective because many of them, whenever traction comes up and builds up in the space, definitely performs but with the short term perspective.
Bharat Dynamics reported a 59% YoY net profit drop to Rs 113 crore for Q4 FY26, with revenue declining 73%. For the full fiscal year,
Ashok Leyland reported a strong rise in fourth-quarter profit and revenue for FY26, driven by record commercial vehicle, export and light commercial vehicle volumes. The
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