Considering the proforma impact of the restatement of AT-I bonds' principal amount, it would be a net loss of Rs 5,217 crore for the September quarter and a loss of Rs 4,146 crore for the first half o...
ICICI Bank Q2: Gross NPA additions stood at Rs 4,833 crore in Q2, compared with Rs 5,034 crore in Q2. Recoveries and upgrades, excluding write-offs and sale, stood at Rs 3,620 crore.
HDFC Bank said its net interest income (NII), the difference between interest earned and interest expended, grew 9.7 per cent to Rs 34,620 crore in Q2.
The lender said the year-ago quarter included a one-off gain of Rs 1,699 crore from the strategic sale of NSDL. Excluding this gain, net profit rose 14 per cent YoY.
Axis Bank Q2 results: This was against the consensus estimates for profit, NII and NIM at Rs 7,157 crore, Rs 15,259 crore and 3.4 per cent, respectively.
Data showed the market capitalisation of 10 IT stocks jumped 12.13 per cent YoY to Rs 25.41 lakh crore on Friday from Rs 22.66 lakh crore a week ago, up Rs 2.75 lakh crore.
Jio IPO: Analysts said capex on 5G and other physical infrastructure has already been deployed and cash flow generation is likely to be healthy for Jio going ahead.
Hunger Pangs IPO: The offer comprises a fresh issue of equity shares aggregating up to Rs 150 crore and an offer for sale (OFS) of up to 27,929,760 equity shares by existing shareholders.
In the case of BPCL, HPCL and IOC, OMCs' crude procurement cost has already jumped to $125 a barrel, resulting in steep marketing losses.
LTM target price 2026: HDFC Institutional Equities maintained 'Buy' with a target price of Rs 5,225, based on 20 times estimated September 2028 earnings per share.
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