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Shares of state-owned defense company Hindustan Aeronautics Ltd (HAL) will be in focus on Friday after the company reported strong third-quarter results.Consolidated net profit increased 30% year on year to Rs. 1,867 crore, while the company announced a first interim dividend of Rs. 35 per share, with February 18 as the record date. Operating revenues […]
The fund manager of Axis Mutual Fund Karthik Kumar believes that momentum could surprise investors as a contrary theme in the next 12 months. Despite recent underperformance in the midst of rate and policy uncertainty, he expects the strategy to return. Kumar also emphasizes opportunities in NBFCs, consumer -discretionary, renewable energy sources and defense, while […]
