HDFC Bank
The private sector lender reported a 34% year-on-year (YoY) growth in net profit for the December quarter to Rs 16,372 crore.
Indigo Paints
American investment firm Smallcap World Fund, Inc has sold partial stake in Indigo Paints through the open market on Tuesday for Rs 104 crore.
L&T Tech
Mid tier IT services company L&T Tech reported net profit of Rs 336 crore for the quarter ended December, which was up 13% compared with Rs 297 crore in the same quarter last year.
ICICI Lombard
ICICI Lombard reported net profit of Rs 431 crore for the quarter ended December, which was up 22% year-on-year.
Ultratech Cement
Ultratech Cement has incorporated a wholly-owned subsidiary viz Letein Valley Cement, which will carry on the business of mining of limestone and other raw materials, manufacture and sale of cement.
TV18 Broadcast
TV18 Broadcast reported a net loss of Rs 12 crore as against a profit of Rs 42 crore a year earlier. Revenue from operations declines 5% to Rs 1,676 crore.
PNC Infratech
PNC Infratech has received a letter of award (LoA) for a project worth Rs 1,174 crore from MP Road Development Corporation (MPRDC).
HDFC_Bank – LCR is at 110%
Key takeaway from result:
Credit-deposit ratio at 110%
LCR at 110%
Slippages at Rs7000cr (vs analyst est of Rs6300cr-Rs6500cr)
GNPA ratio at 1.26% vs 1.34%QOQ
Core fee income is weak despite strong loan growth; at Rs6940cr, up…
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STOCKS TO WATCH TODAY 17 JANURAY
Market Outlook 17 January Negative and Nifty Fall below 22000
FITCH: INDIA’S RATING IS UNDERPINNED BY A ROBUST MEDIUM-TERM GDP GROWTH OUTLOOK AND SOUND EXTERNAL FINANCES
FITCH: INDIA IS POISED TO REMAIN ONE OF FASTEST-GROWING COUNTRIES GLOBALLY IN NEXT FEW YEARS
FITCH ON INDIA SAYS BEYOND FY24 THERE IS LESS CERTAINTY ON FISCAL PATH AND TRADE-OFFS BETWEEN ECONOMIC GROWTH AND CONSOLIDATION MAY BECOME MORE ACUTE
Remarkable journey for Nifty!
From 7511 on 24/3/20 to hitting 22k now. A snapshot of number of days taken to achieve the milestone
9K-10K: 36
10K-11K: 33
11K-12K: 59
12K-13K: 31
13K-14K: 25
14K-15K: 25
15K-16K: 120
16K-17K: 19
17K-18K: 28
18K-19K: 425
19K-20K: 51
20K-21K: 60
21K-22K: 25
#JustIN | Adani Green Q3 solar energy sales down 2%, wind energy sale up 69% YoY
Bullish Momentum Continues for Rail Vikas Nigam, SJVN, and Blue Star in Recent Trading Session
