
BCCL swung to a quarterly net loss as revenue fell ~25% YoY and EBITDA collapsed, marking a setback after its recent IPO.

Jefferies describes India as a ‘reverse AI trade’, driven by broad-based earnings growth expectations into FY27 rather than AI-led market themes.

India is set for its first pure-play AI IPO as Fractal Analytics secures SEBI approval for a ₹4,900 crore public issue.