Broker’s call: Cyient DLM (Buy)

[ad_1] Target: ₹887CMP: ₹721.20Cyient DLM Limited (CDLM) Q4-FY24 quarterly numbers were broadly in line with JMFe. Rev at ₹360 croreup 30 per cent y-o-y driven by growth in defence seg. (78 per cent y-o-y), aerospace seg. (52 per cent y-o-y),...

India Inc’s credit quality remained robust in FY24, say rating agencies

[ad_1] India Inc’s credit quality remained robust in FY24, with the number of entities upgraded outpacing those downgraded even as the outlook on this front remains positive for the new financial year, going by credit rating agencies’ (CRAs) assessment of...