The credit development is there, asset high quality is enhancing and likewise recoveries are happening. Anil Agarwal stated the Konkola Copper Mines, which returned to his London-based agency Vedanta Resources last week, could be moved to the group’s India-listed firm Vedanta “on the right valuation”. Shares of HDFC Bank, Grasim, Federal Bank, Bank of Maharashtra, and ICICI Securities shall be in focus as the businesses will announce second quarter results. Shares of the D’Mart hypermarket operator have given flat returns year-to-date. Despite this, many analysts have held a positive view of the inventory and Prabhudas Lilladher is one among them. …
