The core retail margin is higher compared with the connectivity and fuel marketing segments.
The stock is trading at 15.05 times its one-year forward earnings.
These four states account for about 40 per cent of the total MFI loan book.
Most emerging market sovereigns are currently quoting at a yield of 3-3.20 per cent.
Barring flattish sales witnessed in October last year, sales have fallen every month in almost a year now.
India’s current weight on the MSCI EM index stands at 8.4 per cent.
Derivatives market data show that traders expect a positive outcome.
When the short-term interest rate is higher than the long term, the yield curve looks inverted.
The MSCI World Growth index has outperformed the Value Index by 7% in the past one year.
Sales of both auto and industrial fuels rose 0.04 per cent in May to 18.61 million tons.
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