
Stocks to Watch on July 21: HDFC Bank, ICICI Bank, Reliance Industries and more
Indian markets saw robust earnings momentum led by Reliance Industries, which posted a 76% YoY profit jump aided by consumer growth and stake divestment gains.…

Indian markets saw robust earnings momentum led by Reliance Industries, which posted a 76% YoY profit jump aided by consumer growth and stake divestment gains.…

According to analysts, a slide below 24,900 could open the door to further weakness towards 24,500 in the week ahead.

Multiple banks reported their June quarter results today. HDFC Bank, ICICI Bank, Yes Bank, RBL Bank and many others. Here’s a look at the quarter…

On the asset quality front, the lender reported a deterioration on a sequential basis. Gross non-performing assets (GNPA) rose to ₹2,751.3 crore, compared to ₹2,477…

Central Bank of India had recently raised ₹1,500 crore through a Qualified Institutional Placement (QIP), where Life Insurance Corporation (LIC) invested a sum of ₹238…

Operating profit also showed robust growth, with EBITDA rising 41.4% to ₹687.6 crore from ₹486.3 crore a year ago. Margins improved to 20.5%, up from…

ICICI Bank reported its June quarter results on Saturday, July 19, where its core income and profitability increased on a year-on-year basis and were also…

HDFC Bank’s provisions for the quarter increased significantly from the March quarter figure of ₹14,441 crore to ₹3,193 crore.

ICICI Bank’s provisions for the quarter also saw an increase to ₹1,814 crore from ₹890 crore during the March quarter.

HDFC Bank’s core income and net profit were both higher than the CNBC-TV18 poll estimate, while asset quality saw a marginal deterioration, albeit it remained…