Rakesh Jhunjhunwala stocks: Jhunjhunwalas just picked up two new stocks, hiked stakes in 6 others

Big Bull Rakesh Jhunjhunwala, whose net worth has jumped 45 per cent since March lows on the rebound in stocks, raised his stake in at least eight companies during the September quarter. Data showed the ace investor lapped up beaten-down auto firm Tata Motors for the first time. His name was not among the key […]

Federal Bank Share Price: Brokerages upgrade Federal Bank despite 26% fall in Q2 profit; here’s why

NEW DELHI: Brokerages upgraded Federal Bank post its Q2 numbers despite a 26% fall in net profit, citing better operating performance and favourable valuations. Net profit of the bank came in at Rs 307.62 crore for the quarter ended September 30 against Rs 416.70 crore in the corresponding quarter last year. On the other hand, […]

Bank stocks in focus on good operational show by Federal, HDFC Bank in Q2

Bank stocks were in focus at the bourses on Monday and rallied by up to 6 per cent, after two private sector banks – HDFC Bank and Federal Bank – reported a healthy operational performance for July-September 2020 quarter of the current fiscal (Q2FY21). ICICI Bank, Axis Bank Federal Bank, Bandhan Bank and RBL […]

hdfc bank: More than 15% net interest income growth expected for HDFC Bank in Q2

The narrative becomes very critical in terms of the kind of stress which would be anticipated as we get into Q3 and post Q3, says Kunal Shah, analyst, ICICI Securities. What explains this big underperformance in banks besides moratorium being a big overhang?The financial sector is the most leveraged space and a proxy of the […]

HCL Tech share price: Stocks in the news: HCL Technologies, Federal Bank, IDBI Bank and Mindtree

Nifty futures on the Singapore Exchange traded 66.5 points, or 0.57 per cent higher at 11,761.50, in signs that Dalal Street was headed for a positive start on Friday. Here are a few stocks which may buzz the most in today’s trade: Earnings today: Federal Bank, HCL Technologies, Bajaj Consumer Care, LKP Securities, Shoppers Stop, […]

Stocks in focus: HCL Tech, RIL, Bharti Airtel, Lakshmi Vilas Bank, Mindtree, Federal Bank, South Indian Bank

Analysts say the trend going forward will depend on the supportive measures announced in context to stimulus and commentary of Q2 results Nifty futures were trading 67 points higher at 11,762 on Singaporean Exchange, indicating a gap-up opening for BSE Sensex and Nifty 50 on Friday. In the previous session, headline indices fell over 2.5 […]