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
BUSINESS
Why Sandeep Bakhshi's exit from ICICI Bank may knock-off the Street
ICICI Bank's four-fold jump in stock price since 2018 reflects investors' faith in the private lender ever since Sandeep Bakhshi donned the heavy hat from Chandra Kochhar
BUSINESS
Another steady quarter for ICICI Bank; brokerages bullish on strong deposit growth, asset quality
Brokerages believe that the bank is poised for re-rating ahead, given its strong deposit growth, healthy asset quality, and attractive valuations.
BUSINESS
Bajaj Finserv Q4 preview: Revenue may grow up to 25% YoY, led by lending business
Bajaj Finserv is likely to register revenue growth of Rs 29,604 crore in Q4FY24, while profit is expected to rise up to Rs 2,357 in Q4FY24
BUSINESS
Axis Bank top Nifty gainer as Q4 results impress Street; brokerages remain bullish
Axis Bank reported a net profit of Rs 7,129 crore against a loss of Rs 5,728 crore in the year-ago period. Net interest income grew by 11 percent to Rs 13,089 crore
BUSINESS
Healthy loan growth likely to aid IndusInd Bank's income, profit in Q4: Analysts
IndusInd Bank's net profit is likely to stand at Rs 2,261 crore in Q4FY24, while NII is expected at Rs 5,496 crore
BUSINESS
Bajaj Finance Q4 preview: Strong AUM growth to drive income, profit but cost of funds to dent margins
Bajaj Finance's net profit is likely to rise 22 percent YoY to Rs 3,836 crore in Q4FY24, while net interest income might climb by 40 percent YoY to Rs 8,764 crore
BUSINESS
Consumer durable stocks to heat up D-Street as summer season picks pace: Analysts
YES Securities analysts foresee Whirlpool India, Symphony, Havells India, and Amber Enterprises to potentially surge by up to 11 percent in the near term
BUSINESS
HDFC Bank ticks all the right boxes in Q4; margin, deposit growth to drive re-rating: Analysts
HDFC Bank has largely ticked all the right boxes in Q4, delivering better-than-expected deposit growth, positively surprising on margins, and seeing a rebound in its liquidity coverage ratio.
BUSINESS
Bajaj Auto's stellar Q4 earnings impress Street, but rich valuations may limit stock rally
While brokerages gave a thumbs up to the two-wheeler's stellar Q4 report card, they remain cautious on the exports and expect the stock rally to wither as most positives are priced in
