Motilal Oswal also came up with its earnings review report. It stated that despite global macro headwinds profitability of Indian companies has remain
For the fourth quarter of FY23, ICICI Direct expects upstream profits to remain flat, while marketing margins may improve
These results give investors an idea about the financial position of a company, which is also used to look at a future situation of a company.
UBS has retained its 12-month Nifty target at 15,500 which actually implies a downside from the current level of around 15,800
With a visible recovery in the second half of fiscal 2021, the overall revenue may be a just 50 bps lower than that of fiscal 2020