In FY19, sales are expected to grow by 24 per cent, while earnings before interest, tax, depreciation and amortisation (EBITDA) by 15 per cent and the bottom line numbers are expected to grow by 11 per cent.

Share Market updates: While Sensex closed 161 points lower at 38,700, Nifty fell 61 points to 11,604.

Sensex loses 192 points to 38,684, Nifty falls 46 points to 11,598. 

The good and the bad of Modi government's economic performance.

JP Morgan is aggressively using technology and expanding its corporate client base in India.

Similarly, the 50-share NSE Nifty fell 31.75 points, or 0.29 per cent, to 10,861.90.