BUSINESS
Invest fearlessly even if markets are at record highs, but think long-term: Madhu Kela
Kela described this period as 'Amrit Kal' for investors and said that everything would fall in place if investors are structurally positioned on Indian equities.
BUSINESS
BJP win to spark manufacturing, realty, infra rally; IT, consumption may falter: Analysts
Analysts anticipate that sectors related to capex, such as manufacturing, infrastructure, real estate, and industrials, will outperform once the ruling government retains power on June 4
BUSINESS
LIC maintains lead in Indian insurance market, eyes rural expansion
With an eye on expansion, the management outlined plans to penetrate Tier-2, Tier-3, and rural areas, and to fortify its position against private competitors
BUSINESS
LIC stock can rally up to 20% after Sebi's 3-year extension to achieve 10% public shareholding: Analysts
Earlier this month, LIC received a three-year extension from Sebi to comply with minimum public shareholding norms
BUSINESS
Markets flat after record high move, but analysts expect Nifty to clinch 24,000 soon
Though analysts expressed concerns of overbought market conditions, they expect Nifty to soon hit 24,000, supported by rally in largecap stocks
BUSINESS
Here's why this smallcap AC stock hit 20% upper circuit
The company posted profit of Rs 48 crore in Q4FY24 as against loss of Rs 1 crore in Q4FY23.
BUSINESS
Goldman Sachs, Microsoft, others push Dow to 40,000 mark
The Dow took nearly 3.5 years to climb from the 30,000 to the 40,000 mark, on the back of positive US macro-economic data and rising hope of interest rate cuts.
BUSINESS
Dow Jones hits 40,000-milestone; a look back for each 10,000 points move up
This ascent was driven by recovering investor sentiment from the pandemic, rising corporate profits, cooling inflation, and increased speculation about interest rate cuts.
BUSINESS
Brokerages trim Berger Paints target price post Q4 miss, see gloomy growth outlook
Analysts were concerned about the delay in demand recovery, increased competition, and weak management guidance, which could negatively affect the stock's prospects in the near-term
BUSINESS
LIC Housing's mixed Q4 leaves brokerages on edge; analysts await loan growth outlook
Though the company saw asset quality improvement and margin expansion in Q4, analysts keenly await management's guidance on loan growth in the upcoming quarters
BUSINESS
ICICI Bank emerges the Street's top pick in April, beating peers HDFC Bank, Kotak Bank
ICICI Bank has bagged around 48 'buy' calls from brokerages, and only 3 'hold' calls in April, thanks to its strong quarterly performance.
BUSINESS
Bank of Baroda's steady Q4 show keeps brokerages positive, see valuations attractive for re-rating
With both profit and net interest income growing 2.3 percent in Q4, analysts view the PSU lender stock's valuations as attractive for potential re-rating
BUSINESS
Brokerages cheer SBI's all-round Q4 show amid lower staff costs, but rich valuations to restrict re-rating
SBI's Q4 wage revision stood at Rs 670 crore, significantly lower than the management's guidance of Rs 5,400 crore
BUSINESS
SBI says no plan to list asset management company despite attractive peer valuations
Chairman Khara said that he remains conscious of valuations grabbed by Nippon AMC and HDFC AMC and has no plans to list its asset management arm
BUSINESS
SBI aims to maintain margins above 3.4% amid stable cost of deposits: Chairman Khara
The public-sector lender's NIMs stood at 3.47 percent in Q4FY24, down 37 bps from 3.84 percent in Q4FY23
BUSINESS
SBI sees no major impact on capital adequacy from RBI project financing draft
Chairman Dinesh Khara assured that the bank has the capacity to absorb any additional provisioning required by the regulator without delay
BUSINESS
SBI Q4 preview: Profit to see a sharp fall amid one-time wage revisions, NII to rise marginally
SBI's NII is likely to grow marginally by 0.7 percent YoY to Rs 40,693 crore in Q4FY24, while net profit is expected to see a sharp fall of up to 20 percent YoY to Rs 13,400 crore
BUSINESS
PB Fintech tumbles 5% despite strong Q4 results; Brokerages maintain bullish stance
Analysts reiterated their recommendations to 'buy' shares of the online insurance aggregator, anticipating the company to sustain its strong growth momentum moving forward
BUSINESS
Brokerages upbeat on Kotak Bank's Q4 performance, but RBI resolution key for re-rating
Despite the management's assurance of a minimal financial impact, analysts say they will watching how the private lender navigates this challenge.
BUSINESS
Kotak Mahindra Bank expects cost of funds to stabilise despite margin squeeze in Q4
The management indicated that it expects cost of funds to stabilise gradually in the coming quarters, subjected to external rate movements
BUSINESS
Kotak Bank sees rising expenses in coming quarters as it revamps IT infra on RBI action
The management said that they would focus on building up IT capacity to get bank's tech risk-resilient after RBI's ban
BUSINESS
RBI action on digital lending to drag Kotak's profit by Rs 300-450 crore in FY25, says CEO & MD
Ashok Vaswani emphasised that the Reserve Bank of India's (RBI's) financial impact is 'minimum' on the private lender's business as only onboarding of new customers have been barred
BUSINESS
Kotak Bank Q4 preview: Loan growth to aid net interest income, lower margins may hit profit
Kotak Mahindra Bank's NII is expected to increase by 10 percent YoY to Rs 6,690 in Q4FY24, while profit may slip by 6 percent YoY to Rs 3,283 crore
BUSINESS
Bajaj Finance soars 7% on RBI ban reversal; brokerages retain 'buy' rating
Analysts believe that the early resolution of RBI's restrictions in less than 6 months comes as a positive surprise and endorses the management's ability to course-correct quickly when needed
