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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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16.10 The Morning After: Apples surprise iPad mini 16.10 The astronaut wears Prada as Axiom unveils new spacesuit 16.10 Donald Trump's dollar logic and confusion 16.10 What could happen if Donald Trump rejects the US election results 16.10 Southwest Airlines, facing turmoil, has cut back on Chicago flights. Now its doubling down on the city with locally filmed ads. 16.10 Why this month's inflation figure matters for you 16.10 Elon Musk to host free events in Pennsylvania, here is how and when you can attend 16.10 4 sectors Rohit Srivastava is bullish on for near term More »