ABB India In Focus | Ask Profit | NDTV Profit - video Dailymotion

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#ABBIndia gains 9% on the back of strong results as the company continues to see strong order momentum,   Get all your stock-related queries answered by our technical and fundamental guests with Smriti Chaudhary on Ask Profit.   Guest List: Saurabh Jain, Equity Head, Research, SMC Global Securities  Ajit Mishra, SVP-Research Religare Broking  ______________________________________________________   For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-reports Follow NDTV Profit here Twitter: https://twitter.com/NDTVProfitIndia , https://twitter.com/NDTVProfit LinkedIn: https://www.linkedin.com/company/ndtvprofit Instagram: https://www.instagram.com/ndtvprofit/ #ndtvprofit #stockmarket #news #ndtv #business #finance #mutualfunds #sharemarket Share Market News | NDTV Profit LIVE | NDTV Profit LIVE News | Business News LIVE | Finance News | Mutual Funds | Stocks To Buy | Stock Market LIVE News | Stock Market Latest Updates | Sensex Nifty LIVE | Nifty Sensex LIVE

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01:49 Good morning, you're tuned into Ask Profit.

01:51 I'm Smriti Chaudhary and for the next 30 minutes,

01:54 I'll take all your stock related questions.

01:56 To write to us, you can either message us on the WhatsApp number

01:59 that will be on your screen or you can write to us on any of our social media channels.

02:04 I'll also be tracking the YouTube live chat, so

02:07 you can write your questions there as well.

02:09 Now, before we jump into the questions, let me introduce you to the guests for

02:13 today, we have Saurabh Jain of SMC Global and

02:16 Ajit Mishra will be joining us soon of Religare Broking.

02:20 Welcome Saurabh and Ajit will be joining us soon as well.

02:24 Now before we talk about the focus and the questions,

02:27 let's take a quick check on the markets and where they're at.

02:30 If you look at the Nifty 50, it's pretty much flat right now.

02:33 Benchmarks have been flat for a bit now, but

02:37 it's more or less in the red territory.

02:40 That's currently where we're at.

02:42 If you look at the contributors of Nifty 50,

02:46 you have the likes of Power Grid, BPCL, Infi that are the biggest laggards today.

02:52 However, Tata Steel, JSW, Hindalcore, all up and

02:57 which is why the Nifty Metal Index is the biggest gainer in trade today.

03:02 Now this comes on the back of China cutting rates to

03:08 kind of push the demand for the property sector.

03:13 There have been rate cuts.

03:14 So I think there's some sentiment of demand kind of increasing going ahead for

03:20 metals, which is why we're seeing an uptick.

03:23 Hindalco is especially up because Novelist has a file for

03:26 a public offering in US, so that's why it's up about 1.7% in trade.

03:31 If you look at the broader markets, you have the mid-cap index that's also in red

03:38 today, down about two-tenths of a percent.

03:40 However, the Nifty small cap is considerably in the green,

03:44 about 0.14% up or thereabouts.

03:48 Let's also look at what's the biggest loser among sectors in trade,

03:54 and that's got to be the Nifty ID Index,

04:00 which is down about 0.8% in trade today.

04:05 There's also Nifty Pharma is in the red.

04:09 Nifty Media is the biggest loser.

04:11 Apologies, it's down more than 2% in trade.

04:14 That's on the back of Z, dragging today.

04:17 If we can pull up the chart and see how much Z has fallen.

04:22 As of now, it's down about 10.5%.

04:25 Now, this is also on the back of Z kind of clarifying that there are no such

04:32 negotiations going on with Sony and there are also reports suggesting some

04:37 investigation from SEBI and some accounting discrepancies are there.

04:44 But the focus for today is ABB India.

04:47 Now, it came out with its results yesterday.

04:50 If you can pull up the chart for ABB India, it was up about,

04:54 yeah, it's up about 9% as we speak.

04:58 And just to take you through where the earnings are for the fourth quarter,

05:05 they were revenue grew about 13% to 2,757 crore.

05:11 EBITDA expanded to 14% to 417 crore.

05:16 Margin expanded as well to 15.13%.

05:21 Not a big expansion there.

05:23 It was 15% in the last year.

05:25 Net profit also grew about 11% to 339 crore.

05:30 Now, if you look at the order book of the company as well,

05:32 there is a considerable momentum that continues in terms of large orders.

05:37 The total order book grew 35% and for the fourth quarter,

05:41 the just fourth quarter orders were over 3,100 crores.

05:47 That's where we are at for ABB India.

05:50 Now, Saurabh, I'd like to understand from you, we've seen quarter four results.

05:54 We're seeing great momentum in terms of the order book as well.

05:58 From a longer term perspective, what would you suggest somebody holding an ABB

06:03 and what are your key takeaways from the results as well?

06:08 Hi, good morning.

06:09 See, capital good industry is surely on an uptick.

06:12 I mean, see the companies, they are having a good intake of order book

06:16 and the execution is doing even faster.

06:18 Most of the corporates are now going for expansion

06:22 and here in the picture comes ABB.

06:25 It's a kind of a portfolio stock.

06:27 The margin expansion is happening, double digit kind of revenue growth is there.

06:30 In fact, I think moving next year, I think things will move much faster.

06:34 So I think one who has it should keep it in the portfolio.

06:39 Okay, understood.

06:40 Ajit has also joined us.

06:42 Good morning, Ajit.

06:43 Now, before I jump into the questions,

06:45 I'd like to understand some key levels for the Nifty 50.

06:49 We're seeing records high in the last two days.

06:53 It's crossed the 2,200 levels, but it's slightly below that today.

06:58 So what are the key levels that you should watch out for?

07:02 Good morning.

07:03 So broadly, yes, we have reclaimed the record highs.

07:09 We've surpassed the hurdle at 2,250.

07:13 But now we feel that the way we are inching higher,

07:17 as of now, it lacks decisiveness.

07:19 Means we need a strong 1%, 2% kind of a move

07:25 to end this consolidation and inch toward the newer highs.

07:29 But nevertheless, the good part is that banking is participating.

07:32 So as long as we are seeing this participation strengthening

07:37 from the banking space, we expect this upward momentum to continue.

07:43 And 22,500 is what we are running in the near future.

07:46 And now 22, 100, 22,000 zone is the area of support.

07:52 So it's a buy and dip market.

07:54 But since the momentum is missing,

07:56 one should be selective in the buying

08:00 and prefer the sectors and stocks which are showing resilience

08:03 during the down days.

08:05 OK, all right.

08:06 Now on that note, the first question is on a bank as well.

08:10 We're talking about HDFC Bank.

08:12 This one's from K.N. Raju.

08:14 They want to know if they should invest at current levels

08:18 for HDFC Bank.

08:19 It's down about half a percent in trade today.

08:22 We've seen some downturn in the stock for HDFC Bank.

08:25 Sort of from a long-term perspective,

08:27 would you suggest buying at these levels?

08:30 See, if you look at the valuation,

08:32 I think it looks very interesting.

08:34 But it's kind of a contrarian bet as of now.

08:37 I think the company will take approximately six, nine months

08:40 to, you know, because of that merger,

08:44 to shed high cost of deposit and to bring deposits,

08:48 bring CASA back to the level it enjoys before merger.

08:52 And the management has also categorically said

08:55 that they will go slow on the advance side of the book.

08:58 So I think as of now, it is a contrarian kind of a call.

09:01 If you have a horizon of more than two, three years,

09:03 then you can chip in in a staggered manner

09:05 to buy in, you know, thin quantities.

09:07 Otherwise, wait for six, nine months.

09:09 And then when the things will improve,

09:12 the balance sheet will improve, the CASA will improve,

09:14 and things will be better, then you also can enter.

09:17 - Okay, Ajit, do tell us your levels

09:21 based on the charts for HDFC Banks as well.

09:23 Would you suggest the same thing

09:24 that if somebody wants to enter the stock,

09:27 they should wait for six to nine months?

09:28 Because we have a lot of questions around HDFC Bank.

09:31 - You know, honestly, since 2019,

09:36 if you see that we are still around those levels,

09:39 means, yes, there was a bit of an improvement,

09:41 but, you know, we are somewhere around

09:45 a 13-ended, 14-ended kind of a band earlier also,

09:48 and now we are inching or, you know,

09:50 trading closer to that mark.

09:52 So, yes, there's an underperformance,

09:54 which is clearly visible from the price performance also.

09:58 And short-term, what I believe that

10:00 is going to be more of like, you know,

10:03 this underperformance might continue.

10:05 And I think that from six to nine month

10:09 or a year time horizon, ICICI and XS,

10:12 they are comparatively better structures.

10:14 So if you are looking for less than a year time horizon,

10:17 then one can look at the other alternatives.

10:20 And if the time horizon is already mentioned

10:23 is more than two, three years,

10:24 then definitely one can look at HDFC for accumulation.

10:28 - Could you give us the levels as well for XS?

10:31 - Yeah, so certainly, so XS and ICICI,

10:36 I feel that they are among the top performers

10:38 within the private banking space.

10:40 They are trading pretty good at record highs.

10:42 Now we have very strong base around 950 to 1000

10:45 when it comes to the XS and upside is open.

10:47 Means as for the previous consolidation,

10:50 I won't be surprised if we test 1200 plus zone

10:53 by the end of this year and maybe higher.

10:55 And for ICICI also, we are seeing a similar tone.

10:58 In fact, it's comparatively better than XS.

11:01 And 1300, 12 to 13 and something that ICICI

11:06 may also test in next six to nine months.

11:09 - All right, understood.

11:10 Next up, we have a question from Mohit from Ludhiana.

11:13 He's talking about Coal India.

11:15 He's already bought the stock at 152 levels.

11:18 It's considerably higher from that point,

11:21 but post its earnings,

11:22 we've seen the stock declining.

11:25 There's some contraction in the e-auction premiums,

11:29 but from a longer term perspective,

11:30 Mohit, time horizon is about two years.

11:34 Would you suggest holding onto this?

11:36 And what kind of upside do you see in the stock as well?

11:39 - I think it belongs to metal and mining.

11:43 And here the prices do make a very meaningful impact

11:47 on the operating margins and the profitability.

11:51 The stock has already gained multi-fold.

11:53 I mean, from 100 odd level to 100 odd level,

11:55 now it has been above 400.

11:57 I think it is a time to take profits from the table.

12:00 Since the company has categorically said

12:02 that the e-auction prices have dropped down significantly,

12:05 in my opinion, I think the stock can pull down further.

12:09 So better take profits from the table

12:11 and invest in the sector like, we like IT sector.

12:15 And we think it can be a dark horse for the year.

12:18 And even the banking stocks,

12:19 I think he can shift money towards banking and IT.

12:23 - Understood.

12:25 Next up, we're talking about Tata Tele Services.

12:28 This one's from Sanjit,

12:29 and he bought the stock at 2.5.

12:33 The stock is currently hovering around 90 rupees.

12:37 Now, Ajit, would you suggest booking profits

12:40 and get out of the stock,

12:42 or should you wait, or there is more upside to this one?

12:46 - So, see the time horizon and the kind of investment

12:52 means he is holding,

12:54 this stock made a record low around 2020,

12:57 and it's still holding.

12:59 If he has made investment based on the fundamentals,

13:02 means from the different perspective,

13:04 then it's a different story.

13:05 But I feel if you made,

13:08 this is a short term investment opportunity

13:11 and you have this windfall gains,

13:13 definitely you should book profit

13:14 and diversify your position to the other counters.

13:18 So, in case if you want to stick

13:21 with some of these prominent names,

13:23 especially in the market like this,

13:24 we have been trading at record highs,

13:26 Bharti Airtel, Ultra Tech, ICICI,

13:30 like some of these names that we were discussing,

13:32 one can invest in those names after taking profit.

13:35 - Okay, understood.

13:37 Next up, we have a question from Tarun Agarwal,

13:40 and he's talking about JSW Infra and Vedanta.

13:43 Is it a buy at current levels is the question.

13:46 They haven't mentioned if this is for the longer term

13:48 or the shorter term,

13:49 but Saurabh, considering what we're seeing in metals today,

13:54 from a longer term perspective,

13:56 should you get into the stock?

13:57 - It's not the best one among the metal names.

14:02 I think it is better to avoid

14:05 because of the huge pile on the balance sheet

14:08 and the rating agencies have also been closely

14:12 watching the numbers.

14:14 Regarding the JSW Infra,

14:15 I think it can be a good trade,

14:19 I think buying a standard.

14:21 - And from a shorter term perspective, Ajit,

14:23 JSW and Vedanta, good time to enter the stock?

14:25 - So, in fact, I'm very closely eyeing the Vedanta

14:29 'cause if you have noticed that other metal counters,

14:32 they have done exceptionally well in the recent run,

14:36 but Vedanta is still hovering in a very narrow range

14:40 around the previous swing high.

14:41 So yes, there's a possibility that in short term,

14:43 we may see strong swing once it crosses 285.

14:47 So the risk reward is favorable

14:49 'cause we have a very strong support now at 235.

14:52 So once we cross 285 level,

14:55 then 300, 310 should be the probable target.

14:58 So it's to stop at 265,

15:00 definitely one can look at Vedanta for accumulation.

15:04 And JSW Infra also,

15:06 the stock has again reached clear to its record highs.

15:10 So we may see some consolidation.

15:11 So if the view is short term,

15:13 one can wait and let the stock witness a dip towards 230

15:17 for fresh entry and your stop should be at 220 in that case

15:21 with 245 to 250 being the positional target.

15:23 - All right, fair point.

15:24 Those are the targets for JSW Infra and Vedanta.

15:27 Next up, we're talking about Mishtan Food.

15:31 This one's from Muralidharan

15:33 and they bought the stock at 12 rupees a share.

15:36 It's about 22 rupees as of now.

15:39 Saurabh, is this part of your coverage?

15:42 Is there a target on this one?

15:43 - Strictly sorry, don't cover this.

15:47 - Okay, we'll take this to Ajit then.

15:50 Ajit, any specific targets on Mishtan Foods?

15:53 - So see, the stock is in BSE

15:57 and we actively don't track BSE names.

16:00 So I'm unable to give the target right away.

16:03 - Okay, fair point.

16:05 We'll slip into a short break now,

16:07 but after the break, we'll take a lot more questions.

16:12 So stay tuned.

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18:36 - Welcome back, you're watching Ask Profit.

18:43 Let's quickly dive into the questions.

18:45 The next one is coming from Sagar,

18:47 that he's talking about Alembic Pharma.

18:50 He holds a significant quantity from,

18:52 he says less than 500 levels.

18:54 The stock has doubled from that.

18:57 Sort of from a longer term perspective,

18:59 should you book some profits

19:00 and maybe keep holding onto the original quantity

19:05 or should you keep holding onto it

19:08 because there's more upside left?

19:09 What's the long-term perspective on this one?

19:12 And talk to us a little bit about pharma

19:14 on the whole as a pack as well.

19:16 - See, if you talk about the pharma as a whole,

19:19 I think the pressures which were there

19:21 in the US and Europe markets,

19:22 many of the companies are feeling

19:24 that they are abating somewhat.

19:25 And many of the Indian pharmaceutical companies

19:27 are venturing into the newer verticals.

19:30 If you look at the APL numbers also,

19:32 the last quarter's numbers were very interesting.

19:34 I mean, they saw double-digit kind of a growth.

19:36 There was an improvement in the margins also.

19:38 The companies also venturing into the therapeutic areas,

19:42 if I remember correctly.

19:43 And the management is quite confident

19:45 for the good growth going forward.

19:48 So I think we have a very constructive view,

19:50 especially on the APL, Alembic Pharma, Citical.

19:53 And we believe that it can be a very good bet

19:56 if one holds for another one year or two year.

19:59 So I think 20, 30% kind of a return

20:01 one can rotate easily in this year.

20:03 So it's a hold from.

20:05 - Ajit, is that what you reckon as well?

20:08 This has been a multi-bagger in the last one year.

20:10 Is there more steam left from a short to medium term?

20:13 - The short to medium term,

20:16 we might see a beater after this phenomenal up move,

20:19 'cause the stock has reclaimed its record highs now

20:22 after almost two years, three years of down move,

20:29 post this decline in 2020.

20:31 And usually we see a beater

20:33 once the stock reclaims their record highs

20:36 and form a fresh base.

20:39 So if the view is short term,

20:41 I would recommend a bunch of book profit

20:43 around the current levels

20:45 and let the stock form some base around the record highs

20:49 before the next up move.

20:51 And if the time horizon is long term,

20:53 definitely you should maintain a trailing stop at 1000,

20:57 'cause below that, again,

20:58 the bias would turn sideways to negative.

21:01 So in either of the case,

21:02 maintain strict stock losses

21:05 or book at least partial profit

21:07 if you have invested at the bottom.

21:09 - All right, fair point.

21:10 Next up, we are talking about MM forgings.

21:13 This one's from Manish Patwari.

21:15 He bought the stock six months ago above 1000 levels,

21:19 1088 to be precise.

21:21 The stock is below that.

21:23 Ajit, what kind of levels should you watch out in this one?

21:27 - See, MM forging is basically holding in this band,

21:34 900, 1050 on the higher side to 850 in the lower side.

21:40 So we are almost there,

21:42 means we are trading toward the upper band.

21:45 Good part is that we have seen an uptick in volume

21:48 with the rise in prices.

21:50 So there could be an attempt of a breakout this time.

21:53 So he may continue to hold and now 930,

21:57 since it's a high beta counter, should be the stock.

21:59 And once it crosses 1050,

22:01 then maybe a newer trajectory closer to around,

22:05 let's say 1150 to 1200 is something that he can wait for.

22:09 - All right, fair point.

22:10 Next up, we have a question from Pranay Mitra.

22:13 And now we're talking about some PSU stocks

22:16 like RVNN and IRFC for the longer term perspective.

22:21 We've already seen a run up in these stocks,

22:23 but it seems like a lot of viewers

22:27 now want to get into the stock.

22:29 Would you suggest getting at these levels

22:30 or do you think the valuations are expensive at this point?

22:34 - See, while the companies are good,

22:36 they have good order group,

22:37 but at these valuations,

22:38 it's simply no for investing in these companies.

22:43 I mean, they can correct very steeply.

22:48 I mean, they still have to prove their matter.

22:50 And many of the businesses are in the B2B business

22:52 in which margin expansion is very,

22:55 margin expansion would be very big here for them.

22:59 I think, so we are not recommending these stocks.

23:02 - All right, just taking this forward,

23:04 you have another question from Nilu Das from Kolkata.

23:07 And he wants to know if they want to get

23:09 into railway stocks,

23:09 is there anything within the sector

23:12 that you would suggest?

23:13 - I think we can't suggest any of these stocks

23:18 because many of the companies are good,

23:19 but the valuations are extremely high.

23:22 - So are you saying is it too late

23:24 to get into railway stocks?

23:25 - Of course, of course.

23:26 In my opinion, I think IT sector is a good sector

23:29 which one can look upon.

23:30 I think all the three biggies, Infosys, TZ, SHC,

23:34 one can look for the long term.

23:35 - All right, fair point.

23:36 Next up, we are talking about LIC.

23:39 Now, this one's from Muralitharan as well.

23:43 And LIC is on the minds of a lot of viewers.

23:47 We've seen the levels cross above 100,000, sorry.

23:52 And now viewers are asking about should they wait

23:56 to sell the stock till it crosses 2000 levels?

23:59 Do you see that trajectory the longer term, Saurabh?

24:03 I'll come to you, Ajit, on this one as well.

24:06 - I think it is very difficult to take up all of it.

24:08 It can reach 2000 levels or not

24:10 because valuations are also high.

24:11 See, LIC have made good money

24:13 because of the huge run up in the market.

24:15 That is what the prices are discounting.

24:17 If any kind of corrections do come to the market,

24:20 we'll see the same kind of a correction

24:21 in the LIC prices too.

24:23 So on the valuation front, I think it's priced to perfection.

24:26 So it's very difficult to take up all that.

24:29 - All right, fair point.

24:30 Ajit, on LIC, what are the charts showing?

24:32 - So, you know, it took almost more than one and a half years

24:39 to reclaim its LPO levels.

24:41 And now we are seeing a bit of a beat up.

24:43 So I feel, you know, instead of like focusing on,

24:48 you know, 2000 maybe high levels,

24:50 one should respect that the stock has doubled

24:55 in less than six months.

24:56 So now if you see that from the shorter time frame

25:01 to medium term time frame,

25:03 it would be healthy if we managed to hold these levels,

25:05 means 900 zone is something

25:07 that one should keep a close eye on.

25:09 'Cause below that, again, the turn, you know,

25:12 I'd might turn, you know, against LIC

25:15 and we may again see some profit taking coming in.

25:18 So if you have invested, if you've already invested,

25:21 then, you know, keep a close watch on how the,

25:26 you know, earnings and the other parameters are panning out.

25:29 But at the same time, if it's less than 900,

25:32 then definitely you should take a call

25:35 whether you wish to invest it for next two, three years

25:38 or not.

25:39 - All right, fair point.

25:40 Next up, we have a question from Shankar from Tuticorin

25:43 and they're talking about Sun TV.

25:44 They bought the shares at 445 levels.

25:47 It's a considerably higher.

25:48 Ajit, good time to book profits or should you hold onto it?

25:52 - It's on TV, I think it's a normal replacement

25:55 that we are seeing in the stock

25:56 and it has already corrected from 720 zone to 620 area now.

26:01 So I feel that we are going to the immediate bottom,

26:05 though it may spend some time around the current levels,

26:09 you know, forming a fresh base, but downside seems capped.

26:14 So yes, you can continue to hold longs

26:16 and as a trading position, 590 should be your stock.

26:20 And if you wish to add to your longs,

26:22 you can do that once it crosses 640,

26:25 'cause above that, we may see fresh momentum in the stock,

26:28 which could help the stock to reclaim

26:30 its previous swing high at 750 area.

26:33 - All right, all right.

26:35 Next up, we're talking about Geo Finance

26:37 and this one's from Manish

26:39 and they've bought the shares at 265 levels.

26:42 Saurabh, from a longer term perspective,

26:44 how does Geo Finance look?

26:46 We've seen a good amount of traction in the sector.

26:49 - See, from the long-term perspective,

26:52 I think it comes from the reliance camp

26:55 and you know, the company has huge plans

26:57 and I don't think so that they would take much time,

27:00 especially after the Paytm problem

27:03 that we have just seen.

27:05 So I think from the long-term perspective,

27:07 Geo Finance makes sense.

27:08 - All right, fair point.

27:10 We're getting a lot of questions on HDFC Bank.

27:12 So viewers, we've already spoken about HDFC Bank.

27:16 So do write to us about your other stocks as well.

27:21 Next up, we have a question on BEPL,

27:25 which is Bhansali Engineering and Polymers.

27:27 This one's from, I'm not sure if they've given their name.

27:31 Prasad, this one's coming from Prasad

27:33 and I'm not sure if they've bought into the shares,

27:36 but the stock is down about 1% in trade today.

27:40 Would you suggest buying into this one, Ajit,

27:43 now that we're seeing a little bit of a downtick

27:44 in the stock?

27:45 - See, the stock has done well,

27:48 means from 48 to 120 mark in last almost eight, 10 months.

27:53 And it has retested its record high zone.

27:59 So basically around that area,

28:01 we had multiple attempts in the past also,

28:03 which it couldn't surpass and go.

28:06 So this retracement with low volume

28:08 is definitely a positive thing.

28:11 But for fresh buying, I would rather wait

28:13 for the confirmation that the trend is still positive.

28:16 So a breakout above 105, then one can make it,

28:19 for the fresh long position with 120, 125

28:25 being the target area.

28:26 And your stock should be at 95 in that case.

28:29 - Fair point.

28:30 Quick last question, Saurabh.

28:32 This one's from Raghuram Patro

28:34 and they're talking about Orient Green

28:35 that they bought at 22 and Adani Power

28:37 that they bought at 300 levels.

28:40 Talk to us a little bit about their long-term perspective

28:42 and should you continue holding on to both of these two?

28:46 - Our sector, overall outlook looks quite interesting.

28:49 I mean, last year we saw 10, 12% kind of volume growth.

28:52 Previous year also, we saw that kind of a growth.

28:56 And this year also, I think the government focus

28:58 and the way the companies are planning

29:01 to enhance their capacities,

29:03 I think it's paying its dividend.

29:05 Among the power sector, we are quite focused

29:08 on the companies like NTPC, NHPC, ASW.

29:12 We find those stocks are quite interesting.

29:16 - So NTPC is one of the picks.

29:18 We had a question on NTPC as well,

29:20 but don't worry, we'll take it tomorrow.

29:23 Unfortunately, we're completely out of time today.

29:25 Thank you so much, Saurabh and Ajit for joining in

29:28 and for answering so many questions for us.

29:30 And viewers, stay tuned, lots more coming up on NDTV Profit.

29:34 (upbeat music)

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29:40 (upbeat music)

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29:45 (upbeat music)

29:48 (thunder)

ABB India In Focus | Ask Profit | NDTV Profit

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