Poonawalla Fincorp Q2 Review: A Detailed Analysis Poonawalla Fincorp Ltd.’s Q2 FY26 performance was below consensus estimates, with Profit After Tax (PAT) coming in 25% lower due to higher operating costs. In this article, we will delve into the details of the company’s Q2 performance, the reasons behind Nirmal Bang’s ‘Sell’ rating, and the potential […]
Federal Bank Q2 Review: A Mixed Bag With Improved Margins And Steady Asset Quality Federal Bank Ltd. has reported a good quarter with sequential net interest margin expansion (+12 bps to 3.06%) and contained credit costs (50 bps ex of management overlay). This is a positive development for the bank, as it indicates that its
ICICI Bank Share Price Falls: What’s Behind the Decline? Shares of ICICI Bank have witnessed sharp cuts in trade on Monday, falling almost 2% on the back of second-quarter earnings, where the lender reported the weakest profit growth since September 2020. The stock is currently trading at Rs 1,409, which compares to Friday’s closing price
RBL Bank Set to Join India’s Banking Big League with Emirates NBD Deal RBL Bank Ltd. is all set to break into the big league of India’s financial sector after securing a $3 billion investment from Emirates NBD, according to the bank’s managing director and chief executive officer, R Subramaniakumar. In an interview with NDTV
IDFC First Bank Q2 Review: Key Highlights And Takeaways IDFC First Bank Ltd.’s gross non-performing asset additions for Q2 FY26 stood at Rs 22.6 billion, translating to an annualized slippage ratio of 3.6% for the quarter. This is a slight decline from the Rs 24.86 billion gross NPA additions reported during Q1FY26. Gross slippages declined
Ceat’s Robust Q2 Driven By Topline Momentum, Improved Margins; Nirmal Bang Maintains ‘Buy’ Ceat Ltd. remains our preferred structural play in the tyre sector, supported by its leadership in two-wheelers, growing presence in premium categories such as SUVs and 150cc+ motorcycles, and expanding global footprint following the CAMSO acquisition. Favorable tax reforms, rising EV adoption,
Havells India Q2 Review : Normalcy to Return by Q4 Onwards Yes Securities has reiterated its ‘Add’ rating on Havells India Ltd. with a revised target price of Rs 1,698. The brokerage firm believes that the high channel inventory is getting liquidated and normalcy is expected to return by the fourth quarter onwards. Demand Expected
Indian Markets Outlook: A Bright Future Ahead ValueQuest Investment Advisors Founder and Chief Investment Officer Ravi Dharamshi believes that the outlook for markets from here on is bright. He said that after a long time, Indian markets’ short-term, medium-term, and long-term — all three appear positive. The steps the Government has taken along with the
IndusInd Bank Q2 Review: A Mixed Bag for Investors IndusInd Bank Ltd. has reported a net loss of Rs 4.4 billion for the quarter ended September 2023, primarily due to accelerated provisioning resulting from persistent elevated stress in the microfinance (MFI) segment and a contraction in margins led by lower MFI disbursements. Provisioning and Net
Q2FY26 Results This Week: HUL, Coforge, ITC Hotels, Kotak Mahindra Bank Among Firms To Declare Earnings More than 30 companies are scheduled to announce their Q2FY26 results this week, providing investors and analysts with a glimpse into the financial performance of various sectors in the July-September quarter. The results will be closely watched, as they