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“The US is not looking as good as India is currently. As we sit today, it looks like India will continue to outperform because it has come out of a period of a very long underperformance and as far as the US recession is concerned, one will have to watch whether the Fed let’s US go to that situation because as of now, on the labour market front, things are very buoyant in the US.”

We have taken judicious price hikes of ~4.5% and may take further hikes in case the need arises. In Q4FY22 our gross margins at 62.4% contracted by just 30 bps on account of judicious price hikes and strategic procurements and other cost optimisation initiatives...The quarter saw continued unprecedented levels of inflation which hurt consumer wallets across rural and urban areas and this has impacted volumes.

The abrupt reversal in the current year is owing to a host of issues, both emerging and residual, EY said, listing out rising geopolitical tensions, stock market volatility; price correction in overvalued stocks from recent IPOs and growing concerns about a rise in the commodity and energy prices.

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 9621.52 Crore) operating in Real Estate sector.

How stablecoins on your portfolio can be a reliable source of passive income.

Abhay Doshi, Co-founder, UnlistedArena, said LIC is likely to be listed near the issue price and investors may not a get a decent listing pop, thanks to a sharp correction in the secondary markets lately.

RBL Bank Ltd. key Products/Revenue Segments include Interest & Discount on Advances & Bills, Income From Investment, Interest On Balances with RBI and Other Inter-Bank Funds and Interest for the year ending 31-Mar-2021.

The Adani Group company Adani Enterprises forayed into the media business by acquiring an unspecified minority stake in Quintillion Business Media earlier this year.

“The transition from growth to value or cyclicals will be a multiyear transition if the Fed does not break the back of inflation. It will depend on how hawkish the Fed really tends to be. The Fed is talking extremely hawkish. We have real significant balance sheet contraction. My personal base case is at some point the Fed will back off before they really break inflation.”

A total of 374,600 shares changed hands on the counter till 01:03PM (IST).