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Nikita Vashisht is a business journalist tracking equity markets for Business Standard. She writes stories based on fundamental analysis of stocks of banking, aviation, FMCG, infrastructure, real estate, and new-age companies. Occasionally, she also writes on investment strategies for mutual fund investors. Nikita holds a degree in journalism, and business management, and is a certified fundamental and technical analyst for stocks and commodities.
Nikita Vashisht is a business journalist tracking equity markets for Business Standard. She writes stories based on fundamental analysis of stocks of banking, aviation, FMCG, infrastructure, real estate, and new-age companies. Occasionally, she also writes on investment strategies for mutual fund investors. Nikita holds a degree in journalism, and business management, and is a certified fundamental and technical analyst for stocks and commodities.
Nomura has one of the most conservative estimates with standalone net profit seen at Rs 794 crore, up around 28 per cent YoY
Gross NPA ratio spiked to 4.25 per cent in March quarter from 1.68 per cent a year ago
Titan's operating margins contracted 210 basis points in Q4 to 10.9 per cent, as against 13 per cent a year ago
The gross non-performing assets (NPAs) spiked to 4.25 per cent of gross advances as of March 31, 2021, from 1.68 per cent in the same period last year
The Board of Directors has recommended a dividend of Rs 140 per equity share
Axis Bank on Tuesday reported gross non-performing assets (GNPAs) and net NPAs (NNPAs) of 3.7 per cent and 1.05 per cent in Q4FY21, down from 4.55 per cent and 1.19 per cent (pro forma) in Q3FY21
The Street is factoring-in a solid bottom line growth, with up to 261 per cent year-on-year gain in net profit
Systematic investment plans (SIPs) will be the preferred mode of portfolio building at this juncture, he said
HDFC Securities notes that Bajaj Finance reported muted performance primarily on account of higher employee expenses
BofA Securities has cut his positioning towards defensives by downgrading Staples to neutral weight and trimming their overweight positioning for the information technology sector
At the bourses, the stock of Bajaj Auto has outperformed both, Nifty50 and Nifty Auto indices, on the National Stock Exchange on a year-to-date (YTD) basis, ACE Equity data show
Analysts believe that the superior valuations of SBI Card and Payment stock would likely hold despite the near-term challenges
Maruti Suzuki India's net profit slipped on account of lower sales volume and increase in commodity prices
Lower provisions will be a key driver, backed by healthy operating profit growth; commentary on asset quality and collections among monitorables, write Subrata Panda & Nikita Vashisht
The rise in net profit, analysts say, will be supported by much lower provisioning in the quarter and a double-digit growth in operating profit
A fresh Covid wave can potentially disrupt the recovery of businesses hurting some sections of HDFC Bank's loan book, analysts say
Q4 earnings: Despite a moderated YoY growth in loan book, HDFC Bank continues to outperform industry, resulting in market share gain
On the profitability front, the brokerage pegs operating profit growth at 15 per cent YoY with 12 per cent YoY for private and 19 per cent for PSBs
Analysts believe that the truer impact of Covid-19 as regards NPAs could be visible in the quarter even as banks may be tempted to remain prudent due to the second wave of coronavirus
Analysts at ICICI Securities, for instance, have downgraded TCS' stock from 'Add' to 'Hold' while Kotak Securities maintains 'Reduce'