Srivastava feels the Indian market will struggle as long as the mood in global markets remain bearish.
The smallcap IT company zoomed 20 percent despite registering a loss of Rs 17.5 crore in Q4. What ate into its earnings is a Rs 80 crore exceptional expense. Its revenue, however, beat estimates by growing 2.7 percent sequentially to Rs 611.2 crore
Kishore Biyani's two daughters Ashni and Avni too have followed their father's footsteps and are genNext entrepreneurs of repute lording over the company's food and fashion verticals. They like the digital space and are burning the midnight oil observing consumer behaviour in this space.
According to Shardul Kulkarni of Angel Broking, one can sell Pantaloon Retail, it may slip to Rs 130.