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2024-10-16 06:24:21| The Economic Times

Banks are expected to show weak earnings growth in Q2, with private banks performing slightly better due to higher fees and lower provisions. Loan growth remains slow, impacting net interest income. Top stock picks are ICICI Bank, Axis Bank, and SBI due to their strong growth and asset quality.

Category: News and Media

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2024-10-16 05:56:10| The Economic Times

PNC Infratech shares increased by 5.5% after the company announced it received two letters of acceptance from Maharashtra State Road Development Corporation. The road projects are worth Rs 4,630 crore. These projects include the construction of roads in Pune and from Jalna to Nanded. The shares of PNC Infratech have seen significant movement in the last year.

Category: News and Media

2024-10-16 05:36:22| The Economic Times

HDFC AMC shares surge 5% after a 32% YoY rise in Q2 profits to Rs 576.61 crore, with revenue up 38% to Rs 887.2 crore. Jefferies and CLSA raise target prices and revise EPS estimates, highlighting strong AUM growth and stable market positions despite a one-off tax impact.

Category: News and Media

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22.10 What should investors do with Paytm stock? Akshay Bhagwat answers 22.10 HSBC names first female finance chief in major shakeup 22.10 UK borrowing for September third highest on record 22.10 Which Adani Group stock can give 40-50% return? What Tata stocks to work well now? Deven Choksey answers 22.10 Apple CEO Tim Cook visits China for second time this year as sales slump 22.10 Manappuram Finance shares fall 21% in one week. Analysts suggest caution 22.10 Southern cement sector poised for growth amid industry consolidation: Rakesh Arora 22.10 Sona BLW Precision shares rise 3% on new plant launch in Manesar, Haryana More »