Lender eyeing equity offering of Rs 1,000 cr in second half of FY23
HDFC Bank Q1 review: Issues with management's bandwidth in managing the balance sheet post merger remains key risks for upside, said Nomura
Larsen & Toubro has seen a steady rise in net profits over the previous four quarters
CLOSING BELL: The frontline indices climbed on the back of gains in Infosys, ICICI Bank, Kotak Bank, TCS, Axis Bank, L&T, SBI, and Reliance Industries
Realty firm Prestige Estates on Monday reported over four-fold jump in its sales bookings at Rs 3,012 crore during the first quarter of this fiscal year on better demand and lower base effect
HUL Q1 results: Analysts say that the FMCG company's profit margins will continue to bear the brunt of high commodity prices, which were at peak highs for the most part of the quarter.
Shares of Mindtree seem fairly placed and can rally up to 23 per cent, while ACC, HDFC Bank and ICICI Prudential Life need to conquer key levels for a fresh rally to emerge.
In 2019 and 2021, Quick Heal had bought back 6.33 million equity shares each via tender offer.
With the healthy order book at Rs 55,333 crore, strong pipeline of orders and better margin profile, BEL is well placed to grow its earnings in double digits in the next couple of years, analyst say.
Stocks to Watch Today: Alok Textiles, Ganesh Corporation, Hiedelbergcement, Bank of Maharashtra and Nelco to announce Q1 results on Monday.
Retail to benefit from low base; tariff hikes to power telecom growth
New business premium of the insurer grew 24.4 per cent to Rs 3,184 crore in the same period
The jump in net profit was reported on account of robust growth in new business
In Q4FY22, the bank recorded a 22.8 per cent rise in its net profit year-on-year.
Margins were better managed despite a higher attrition of 23.2% in Q1, up from 20.4% in Q4FY22
Stronger bottomline supported by lower provisions and healthy NII
During the quarter under review, its total income rose to Rs 13,069.17 crore from Rs 10,643.17 crore a year ago
CLOSING BELL: Tata Consumer Products, Titan, Eicher Motors, HUL, Tata Motors, Maruti, M&M, Nestle India, HDFC, L&T, and BPCL topped the charts
Motilal Oswal Financial Services expects provisions to decline to Rs 3,730 crore in Q1FY23 from Rs 4,830 crore in Q1FY22
Stocks to watch today: L&T Technology Services and Jindal Steel and Power will share June quarter 2022 (Q1FY23) results on Friday, July 15.