At Moneycontrol, the Results page helps you effectively track corporate announcements and results for various listed companies across both India and abroad. With our Results page, you can keep abreast with an updated, comprehensive view of all the profit/loss statements, company spendings, AGM outcomes, and quarterly and annual results from all these listed companies. Additionally, Moneycontrol also regularly tracks international MNCs listed on NASDAQ and Asian bourses, including popular companies like Apple, Google, Alibaba. Apart from finding solid copies of company results, stock movements consequent to these company results, expectations, and analytical post results copies, you will also find copies and articles detailing the earnings, impact, and all major announcements made to media/exchanges by these companies, so that you do not miss anything. We also provide you with concrete data points to help you spot profitable trades, stock build-ups, and bulk deals. At Moneycontrol, we also cover analysts/investors meetings; scrutinise results and data and BSE/NSE reports or news. The copies are not just full of information and data, but are also adequately supplemented with expert views, investor opinions, extensive interviews, videos, and a huge variety of explainers, analyses, and informative slideshows to help you gauge the market and make investment decisions in the best possible manner. More
Asset quality has remained healthy over past several quarters, and the trend is likely to continue, Motilal Oswal said, adding that asset quality in the corporate loan book would be a key monitorable
We see a challenging time ahead for housing finance companies, amid rising rates and competition, and remain extremely selective; Buy HDFC and Indiabulls Housing Finance
While a rightful discount to HDFC AMC is justified, RNAM is trading at a discount to IIFL wealth, which is unwarranted.
While the core mortgage business is on a stable growth trajectory, the financial conglomerate stands to gain from equally strong performance of its subsidiaries. Investors cannot ignore this financial powerhouse.
HDFC's core lending business is currently valued at 2.3 times FY20e forward P/B ratio, which is a meaningful discount to its historical average.
Net Interest Income (NII + OI) is expected to increase by 9.9 percent Y-o-Y (up 13.3 percent Q-o-Q) to Rs. 3548.3 crore, according to Edelweiss.
Net Interest Income is expected to increase by 13.2 percent Y-o-Y (up 9.7 percent Q-o-Q) to Rs. 3,125.4 crore, according to ICICI Direct.
The lender reported net profit Rs 5,670.2 crore for the December quarter, a whopping growth of 233.3 percent year-on-year due to one-time gain after stake sale in life insurance business.
A large part of the fund raised will be invested in HDFC Bank, to the tune of Rs 8500 crore to maintain the stake in the bank, said Keki Mistry, VC & CEO, HDFC.
Profits in Q3 may have a post tax income of Rs 3,675 crore, which is a one-time gain from stake sale in HDFC Standard Life Insurance.
Net interest income during the quarter is seen rising 14.9 percent to Rs 2,640.2 crore compared with Rs 2,297.2 crore in same quarter last fiscal, according to average of estimates of analysts polled by CNBC-TV18.
In an interview to CNBC-TV18, Keki Mistry, VC & CEO of HDFC spoke about the results and the latest happenings.
"The stock remains a defensive long-term core holding, in our view. We maintains overweight rating on the stock with target price of Rs 1,700," JP Morgan said.
Analysts said if net interest margin comes above 3.75 percent (4.1 percent in Q4FY17), AUM growth above 15 percent (16.1 percent) and gross non-performing assets below 0.9 percent (0.79 percent) then that will be positive.
With RERA, the individual home buyer will get more confidence in buying a property, said Keki Mistry, Vice Chairman and CEO, HDFC.
Key things to watch out for would be net interest margin, asset under management (AUM) growth and asset quality.
Demonetisation is not purely the reason for the slightly slower demand for housing loans, says Keki Mistry MD & CEO of HDFC In an interview to CNBC-TV18.
Analysts say if net interest margin comes above 3.75 percent (against 3.8 percent in Q2), asset under management at 15 percent and gross non-performing assets below 0.85 percent (against 0.75 percent in Q2) then that will be positive.
India's largest housing finance company HDFC is expected to report a 13 percent growth in second quarter profit at Rs 1,812.4 crore on yearly basis, according to analysts polled by CNBC-TV18.
Key things to watch out for would be loan growth, asset quality and net interest margin.
Properties situated outside large cities have been a driving force for home financier HDFC, Vice Chairman and CEO Keki Mistry says.
No negative surprises from the results and the loan book to grow by 15-16 percent in FY17, Deven Choksey, MD at KRChoksey.
Net interest income, the difference between interest earned and interest expended, may grow 6 percent to to Rs 2,497 crore in January-March quarter compared to Rs 2,355 crore in same period last year due to slow growth in loan book.
In an interview with CNBC-TV18, HDFC Vice Chairman and CEO Keki Mistry said the company has witnesssed strong growth in its retail book -- above 20 percent -- and expects the segment to hold up well over the long term.