Kotak Mahindra Bank’s provisioning credit cost almost halved to 0.46%, while its provisions declined 45%, providing a strong boost to its profitability. While the bank’s net profit beat estimates, its net interest margins (NIM) witnessed compression but was in-line with…
Swaraj Engines’ engine sales during the quarter stood at 56,803 during the quarter, compared to 49,040 during the same quarter last year.
Nilesh Shah, Managing Director of Kotak Mahindra AMC, continues to recommend an equal-weight allocation to equities, while favouring a marginal overweight position for aggressive investors. Shah also highlighted opportunities in power and electrification, advised caution on AI funding trends, and…
VA Tech Wabag is expected to complete the project in 36 months, followed by seven years of operation and maintenance.
L&T classifies orders in the ₹10,000 crore to ₹15,000 crore range as ‘mega’ orders. Both the orders are from government run companies.
According to Motilal Oswal, a recovery in retail earnings, alongside scaling up of new businesses such as FMCG, new energy, AI and data centres, will be the key drivers for the RIL stock going forward.
As a result of the weak quarter, Investec has cut HDFC Bank’s Profit After Tax (PAT) estimates by 1% and 2% over financial year 2027 and 2028 respectively to reflect a weaker core income growth, and are also building in…
While Kotak expects JSW Steel margins to moderate in the September quarter due to seasonal weakness and elevated coking coal costs, it believes ongoing capacity additions and higher-margin projects should support earnings growth over the medium term. The brokerage also…
Of the 17 analysts who have coverage on the Tata Technologies stock, four have a “buy” rating, five have a “hold” rating and nine have a “sell” rating.
Indian rupee weakened 12 paise against the US dollar to 96.40 due to rising global crude oil prices and West Asia geopolitical tensions.