Standalone Net Interest Income (NII) for the quarter was Rs 1,337.62 crore and net loss was Rs 393.21 crore.
Standalone Net Interest Income (NII) for the quarter was Rs 1,337.62 crore and net loss was Rs 393.21 crore.
Rajat Bose of rajatkbose.com is of the view that Indian Overseas Bank may test Rs 32.70 while Union Bank may hit Rs 195.
Canara HSBC Oriental Bank of Commerce Life Insurance today expanded its online product suit with the launch of iSelect term plan meant for family protection.
Standalone Net Interest Income (NII) for the quarter was Rs 1,204.59 crore and net profit was Rs 100.69 crore.
The key question is, if the next government were not actively back Aadhar, has the system created enough mass of benefits for state governments, banks, and the lay citizen to want the scheme to continue?
Prakash Diwan, Dir, Altamount Capital Management is upbeat on the cement and logistics space on back of new age growth in the infrastructure theme.
SP Tulsian of sptulsian.com feels that Oriental Bank of Commerce may correct upto Rs 216.
SP Tulsian of sptulsian.com is of the view that one may buy Cipla and Divis Laboratories.
Hemant Thukral of Aditya Birla Money is bullish on Canara Bank, Bank of India and Oriental Bank of Commerce. He feels Bank of India may touch Rs 246.
Shahina Mukadam of Varun Capital recommends buying Tata Global Beverage with a stoploss at Rs 145 and advises selling Tata Power for a target of Rs 87.
AK Prabhakar, Independent Advisor advises buying Bata India for a target price of Rs 1065 and Sundaram Finance for a target price of Rs 650.
According to Ashish Kapur of Investshoppe, one may go long in Zee Entertainment Enterprises with a target of Rs 295 and Petronet LNG with a target price of Rs 126.
Tirthankar Patnaik of Religare recommends buying private banks.
Standalone Net Interest Income (NII) for the quarter was Rs 4,675.84 crore and net profit was Rs 251.41 crore.
Financial Technologies | Ranbaxy Labs | Jubilant Life | Talwalkars | JM Financial | Cholamandalam Finance | Torrent Power | OnMobile Global | Pidilite Industries | Alstom India | Bank Of Maharashtra | OBC | Prime focus | IRB Infrastructure | Bharti Airtel | Lupin and DLF are stocks, which are in the news today.
Those who have been on the long side, should keep stop loss at 5850, advises Hemant Thukral, Aditya Birla Money.
Since dollar denominated revenues make sense at this point of time, IT, barring TCS, was quoting anywhere between 11 and 12-13x or so on. Midcap ITs were going for 8 and 9x and this is less than a month ago and IT stocks continue to outperform.
SP Tulsian of sptulsian.com is positive on PSU banks and real estate stocks. He advises to go long on State Bank of India, Bank of India, Dena Bank, DLF and Indiabulls Real Estate.
Reliance Industries, DEN Networks | Cipla | Deccan Chronicle | Reliance Communications | Fortis Healthcare | TCS | L&T | ONGC | Bharti Airtel and Infinite Computer are stocks, which are in the news today.