IDBI Bank on Friday reported a 46 per cent rise in its net profit to Rs 828 crore for the second quarter ended September 30. The bank had posted a net profit of Rs 567.12 crore in the year-ago period. The total income in the September 2022-23 quarter rose to Rs 6,065.51 crore from Rs [...]
Jammu & Kashmir Bank on Friday reported over two-fold jump in net profit at Rs 243.49 crore for September quarter 2022-23 on a healthy growth in interest income and fall in bad loans. The bank had posted a net profit of Rs 111.09 crore for the year-ago period. Total income during the quarter rose to [...]
Motilal Oswal Financial Services Ltd on Friday reported an 11 per cent growth in Profit After Tax (PAT) at Rs 509 crore for three months ended September 2022 driven by robust growth across the segments. This was the highest quarterly profit posted by the company. In comparison, the company had a PAT of Rs 458 [...]
Till the afternoon on Friday, the BSE Sensex was up by 360.75 points or 0.61% at 59563.65, and the Nifty 50 had inched up 89.30 points or 0.51% to be at 17653.30. Amid the rising market, here are two large-cap stocks that brokerages are bullish on post their quarterly results for an upside of up [...]
Nifty heavyweight Reliance Industries shares are in focus as it is scheduled to release its September quarter (Q2FY23) results today. According to analysts, the Mukesh Ambani-controlled conglomerate is likely to report strong year-on-year growth in consolidated net revenue and profit for the said quarter. The company’s results usually lack an element of surprise, however, quite [...]
Part of the Adani Group, Adani Transmission Ltd. (ATL) announced on Thursday that it has secured an order to install and maintain 10.8 lakh smart meters for BEST Mumbai, a civic transport and electricity provider public body. Gujarat-headquartered ATL is one of India’s largest private-sector power transmission companies. It establishes, commissions, operates and maintains electric [...]
Leading stock exchanges BSE and NSE will conduct a one-hour special muhurat trading session on Monday, marking the beginning of a new Samvat 2079 -- the Hindu calendar year that starts on Diwali. The symbolic trading session would be held between 1815 hrs and 1915 hours, the stock exchanges said in separate circulars. It is [...]
The shares of ITC Limited started the last trading day of the week on a positive note as the stock rallied and reached its 5-year high of Rs 353.20 in the early hours. In the past five days, the stock has gained approximately 6 per cent. On a year-to-date basis, the stock price has increased [...]
Shares of Axis Bank climbed over 6.5 per cent in morning trade on Friday, after the firm reported a 66.29 per cent jump in consolidated net profit for the September quarter. The stock jumped 6.50 per cent to its 52-week high of Rs 879.95 on the BSE. At the NSE, it rallied 6.53 per cent [...]
With a market capitalization of ₹ 41,101 crores, Astral Limited is a large-cap company, primarily engaged in the plumbing and drainage systems business in India. The movement of its share price over the years is an example of how staying invested in a company for the long term can give multibagger returns to its investors. [...]
