8 Sensex stocks with up to 30% upside potential. Are these in your portfolio?
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Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and…
HDFC Bank announced a notable five percent rise in profits for the June quarter, showcasing a robust growth in net interest income. Despite facing margin pressures that led to a contraction, the bank achieved a remarkable fifteen percent increase in gross advances, largely fueled by business and corporate loans. Additionally, deposits grew significantly, indicating strong…
ICICI Bank has showcased impressive growth, reporting a 15.9% boost in first-quarter net profit, now reaching ₹14,805 crore, up from ₹12,768 crore the year prior. Key factors included a 12.7% increase in net interest income alongside a notable 23.5% rise in fee income. Total advances rose 19.6%, primarily driven by business and rural loans, and…
Yes Bank has reported a remarkable thirty-four percent surge in net profit for the first quarter, driven by robust loan growth and enhancing net interest margins. The bank’s loan portfolio expanded by eighteen percent, especially within corporate advances, while commercial banking loans rose by seventeen percent. The management is optimistic that this trend of positive…
Kotak Mahindra Bank experienced a remarkable net profit surge of twenty-six percent in the June quarter. This impressive growth can be attributed to a significant decline in provisions that bolstered the bank’s financial results. Additionally, net interest income rose by nine percent, while operating profit saw a ten percent increase.
Axis Bank on Saturday reported a 23% year-on-year increase in standalone quarterly net profit, aided by lower provisions, even as its pre-provision operating profit grew just 1.3%.
Next week will witness the launch of four public offerings, including the Cube Highways Trust InvIT and three initial public offerings (IPOs). Notably, Indo MIM’s IPO comprises both a fresh issue and an offer for sale, while Lohia Corp’s venture consists solely of equity shares available in the offer for sale format. Additionally, Xtranet Technologies…
These stocks were identified using specific filters: a market capitalisation below Rs 1,000 crore, a share price under Rs 20, and a minimum average trading volume of 5 lakh shares.
The Q1 FY27 earnings season gathers momentum this week, with 256 companies scheduled to announce their April-June quarter results. Key names include Infosys, Eternal, Bajaj Auto, UltraTech Cement, Nestlé India, Adani Power, Paytm and TVS Motor. Investors will closely track corporate earnings and management commentary for cues on business performance, demand trends and the broader…
Dalal Street ended the week on a strong note, with the Sensex and Nifty gaining over 1% on Friday. Investors will track six key market triggers this week, including the peak of the Q1 earnings season, the escalating Iran-US conflict, surging crude oil prices, the global tech selloff, rupee movement and FII flows. Analysts remain…