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Cost control lifts profit
Profit before tax up 21% on flat sales even as India’s GDP fell 7.5% in the September 2020 quarter
Most banks have provided for higher stress recognition in H2 and collection efficiency is better than expected
Strong rural buying and need for personal mobility driving demand
Improved labor availability will accelerate execution
Demand recovers on rural spends and resumption of infra activity
The roofing segment’s growth to be accompanied by others going ahead
Expect to maintain margins with festive demand led volume growth
Fuel demand is recovering as economic activity picks up on easing of lockdowns
Availability of vaccines sooner than later, signs of a second US fiscal stimulus, RBI’s bumping up growth forecast and ma...
Reliance Infrastructure, Ujjivan Financial Services, Snowman Logistics, Matrimony.com, ADF Foods and Infosy stake shed
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