The credit development is there, asset high quality is bettering and also recoveries are happening. Anil Agarwal said the Konkola Copper Mines, which returned to his London-based agency Vedanta Resources final week, could be moved to the group’s India-listed firm Vedanta “at the proper valuation”. Shares of HDFC Bank, Grasim, Federal Bank, Bank of Maharashtra, and ICICI Securities shall be in focus as the companies will announce second quarter outcomes. Shares of the D’Mart hypermarket operator have given flat returns year-to-date. Despite this, many analysts have held a constructive view of the stock and Prabhudas Lilladher is one amongst them. …
TG
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