HDFC Bank Ltd. closed 7.58% below its 52-week high of 1,880.00 rupees, which the company reached on December 9th.
Among consumer stocks, Asian Paints Ltd and Titan Co Ltd tumbled over 3 percent each after both companies reported earnings that fell short of analysts’ estimates. Nestlé India Ltd and Hindustan ...
The rather disappointing earnings from Asian Paints Ltd., India’s largest paints player, is yet another indicator of a widening dichotomy between the rural and urban demand. While there is a pickup in ...