Heavy load on select midcap banks; Allocate 10% to new issues: Sanjeev Bhasin

Look at a bank that has 2.75 crore account holders and can grow 10 times from here in the next 13 years? So there are enough deals, say Sanjiv Bhasin, Director, , What am I missing? Look at the market cap of – a 100-year-old company that throws a lot of cash has great brands, … Read more

Britannia Q2 results: Consolidated PAT drops 23% YoY, misses estimates; Sales up 5.5%

MUMBAI: Today its consolidated net profit declined by 23 per cent year-on-year to Rs. 384.22 crore for the quarter ended September, which was below analysts’ expectations. 447 crores. The biscuit maker’s consolidated total revenue from operations, however, grew 5.5 per cent year-on-year to Rs. 3,607.4 crore for the reported quarter, which was largely in line … Read more