We believe corporate India is likely to continue to grow earnings at a healthy double-digit pace over the foreseeable future, led by banks and certain select manufacturing/industrial companies.
LEAP India shares dropped from their listing price, slipping below the IPO issue price after a modest debut. While analysts highlight the company’s leadership in
Vedanta Aluminium, Hindalco and NALCO fell as aluminium prices retreated after Norsk Hydro resumed Alunorte refinery production, easing supply shortage concerns.
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