The Nifty is up nearly 27% since the start of FY24 and there are no signs of tapering. What caused this?
The previous week looked like an exception, as FPIs again turned sellers in equities.
In the latest week, the Nifty and Sensex moved laboriously towards new highs.
The stock closed at ₹1149.5 down 8.6% from issue price of ₹1258.
The market has experienced range-bound movements recently, characterized by alternating bouts of selling and buying.
Next hearing scheduled for March 13.
The DAC's approval aligns with India's ongoing military standoff with China in eastern Ladakh.
Aligning with the government's plan, LNG deals aim to increase natural gas share in India's energy basket
The multiple on the invested capital is reported to be eight times.
The management anticipates an improvement in EBITDA and consistent margin improvement in the coming quarters

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