Federal Bank shares in focus post Q2 results. Should you buy, sell, or hold?
Private sector lender Federal Bank shares will be in focus on Tuesday after the bank posted an 11% increase in net profit to Rs 1,057 crore in the September quarter. The lender had earned a net profit of Rs 954 crore in the year-ago period. Federal Bank said in a regulatory filing that its total…
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ICICI Bank shares in focus on 14% YoY jump in Q2 net profit
Shares of ICICI Bank are expected to be in focus on Monday after India’s second largest private lender reported a 14.5% rise in its September quarter standalone net profit at Rs 11,746 crore versus Rs 10,261 crore reported by it in the year ago period. The Net interest income (NII) increased by 9.5% year-on-year to…
READ MOREDLF says on track to meet FY25 guidance despite a drop in Q2 bookings
The country’s largest real estate developer DLF said it is expected to achieve the guidance of Rs 17,000-18,000 crore annual presale in FY25 despite a drop in new sales bookings in the July-September quarter due to delay in getting approvals for new project launches.During the earnings call after the second quarter results, senior executives of…
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ACC shares in focus ahead of Q2FY25 earnings. Here’s what to expect from this Adani Group company
Shares of Adani Group owned ACC Limited are expected to be in focus on Thursday ahead of the company’s Q2FY25 earnings announcement. The cement maker could report an year-on-year and sequential loss in its revenue and net profit figures, according to estimates by a couple of brokerages. Sharekhan has estimated ACC’s net sales figures at…
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Zomato shares dip 5% amid fundraise plans via QIP
Shares of the food delivery giant Zomato today fell by 5.4% to their low of Rs 256 on BSE after the company’s board announced a meeting on October 22 to consider the plans to raise funds by issuance of equity shares by way of qualified institutions placement (QIP). The company announced QIP after market hours…
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Angel One stock goes up another 5% after Q2 earnings
After rallying over 18% the previous day, shares of Angel One surged 5.3% to Rs 3,394 in Wednesday’s trade on BSE after the company on Tuesday reported its best-ever quarterly performance across key financial metrics in the three month period ended September 30, 2024. The domestic brokerage on Monday reported a consolidated net profit at…
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Tata Elxsi shares jump 3% after Q2 PAT rises 14% YoY to Rs 229 crore
Tata Elxsi shares rose 2.8% on Friday to day’s high of Rs 7,980.30 on BSE after the company reported a 14% growth in its consolidated net profit, reaching Rs 229 crore for the second quarter, compared with Rs 200 crore in the same quarter last year. Its revenue from operations during the same period increased…
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ICICI Bank: ICICI Bank clocks a 14.6% surge in profit on treasury gains
ICICI Bank, India’s second largest private sector lender, beat Street expectations with a 14.6% rise in first-quarter net profit at Rs 11,059 crore, buoyed by strong treasury income. Analysts polled by Bloomberg had forecast on average a net profit of Rs 10,517 crore. The lender recorded a net profit of Rs 9,648.20 crore a year…
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SBI Life shares climb 3% to 52-week high after Q1 results. Should you invest?
Shares of SBI Life climbed 3% to hit a 52-week high at Rs 1,684 in Thursday’s trade on BSE after the firm reported a standalone net profit of Rs 520 crore for the first quarter ended June 2024. This is a growth of 36% from Rs 381 crore posted in the same quarter last year….
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hdfc bank shares: HDFC Bank shares surge 3% post Q1 results. Should you buy, sell or hold?
HDFC Bank surged nearly 3% to Rs 1,650.7 in Monday’s trade on BSE after the country’s top private lender reported a standalone net profit of Rs 16,175 crore for the quarter ended June 30, 2024, which was up by 35% over Rs 11,952 crore reported by the bank in the year-ago period. However, it was…
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