The initiatives of government, if relentlessly implemented, will do more to raise India's trend rather than cyclical growth seen now
Bonds carry guarantees from state government
The stock rallied 11% to Rs 2,197 on the BSE after ratings agency reported 40% YoY jump in its consolidated net profit at Rs 78.60 crore in March quarter.
Total income during quarter under review rose by 16.45% at Rs 259.23 crore, as compared to Rs 222.61 crore in previous year