Nuvama Institutional Equities said Zee reported a decent first quarter of FY27, with revenue rising 4.5 per cent year-on-year (YoY), in line with its estimate.
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For Nuvama, Kaynes Tech’s Q1 print was a mixed bag. It noted that Kaynes' profit fell 24 per cent YoY, which was 7 per cent below its estimate, led by lower other income and higher tax rate.
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