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Amidst a slight downturn in share prices on Wednesday, Persistent Systems continues to draw analysts' praise following its December quarterly performance. With margins exceeding expectations and a string of successful deals, the outlook remains bright; however, some analysts are calling for more transparency regarding the durability of these margin gains.
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News and Media
AU Small Finance Bank shares saw a rise of over 2 percent. The lender reported a strong December quarter performance. Net profit increased by 26 percent year-on-year. Net interest income also showed healthy growth. Margins improved, and non-interest income remained a key contributor. Deposits were robust, and asset quality continued to improve.
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News and Media
Hindustan Zinc's December quarter results have drawn mixed reactions from brokerages. While analysts are impressed by the company's robust operating performance, they express caution regarding the stock's high valuation. Price targets from various firms suggest potential downside or modest upside from current levels.
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News and Media
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