IndusInd Bank’s Q1 results show the lender swinging back to profit after one-off losses, but poor asset quality continues to weigh on its performance.
IndusInd Bank CEO selection is on track, according to Chairman Sunil Mehta, as the bank has submitted its recommendations to the Reserve Bank of India (RBI) within the stipulated deadline. The RBI is currently reviewing the proposals.
Motherson Sumi Wiring India Ltd reports a 3.8% decline in net profit to Rs 143.1 crore in Q1, impacted by higher expenses. We analyze the results and its implications for investors.
Laxmi India Finance Ltd has raised over Rs 75 crore from anchor investors ahead of its initial public offering (IPO). The NBFC player has allotted 47.79 lakh equity shares to 11 funds at Rs 158 apiece.
Check out the latest stock picks and analyst calls from top brokerages on Indian stocks like IndusInd Bank, Torrent Pharma, GAIL, and more.
Citi Research has increased the price target for Torrent Pharmaceuticals Ltd. to Rs 4,380 from Rs 4,000, citing a healthy and in-line quarter and solid traction across the markets. The brokerage maintains a ‘buy’ rating for the firm.
The Indian rupee has weakened to 86.83 against the US dollar, marking its lowest level since June 19. What’s driving the slide and what does it mean for Indian investors and traders?
Discover the top 5 Indian stocks to buy, as recommended by analysts from IDBI Cap, Kushbohra.com, and JM Financial. Learn about Cartrade Tech, Cipla, Vijay Diagnostic Centre, Fortis Healthcare, and Dabur India.
Shares of Torrent Pharmaceutical Ltd. surged to a record high after the company reported a 20% jump in its quarterly profit and Citi Research increased its price target.
Mazagon Dock Shipbuilders’ share price slumps to a three-month low as the company misses net profit estimates. Dive into the Q1 earnings report and explore the market implications.