The Q2 results revealed a 9.2% decrease in revenue and a significant 49.35% decline in profit YoY
The topline and bottom line were the highest-ever numbers reported by the company quarterly.
Recommendation: Reduce; Target price: Rs 930
FIIs continue to below on pvt Banks but there is still a very striking concentration in HDFCB.
The country's largest insurer teamed with two new banks in the April-June FY24 quarter.
The dollar index, a gauge of the dollar's performance against a basket of currencies, was mostly unchanged at 105.80.
Torrent receives semi-exclusive rights to co-market the product as VORXAR under this deal.
Petrol and Diesel prices in cities across India on 13-11-2023
At the upper end of the price band, the company is valued at a PE ratio of 29.9 based on FY23 figures, with a market capitalization of Rs 3,203 crore.
Nifty closed above 19,400 this week, but the coming week is likely to be about the inflation specific data flows
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