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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.
Analysts at JM Financials believe Dixon Technologies' growth momentum is likely to accelerate over the next 5 years due to entry in smartphones through the PLI scheme
Credit Suisse has upgraded ITC stock from 'Neutral' to 'Outperform' banking on recovery in the firm's cigarette and hotels business in FY22.
With an over-subscription of 157 times, Burger King India IPO became the second-most subscribed offer in calendar year 2020. The shares are expected to get listed on December 14
The stock of SpiceJet, for instance, has soared 80 per cent in the past month, from a level of Rs 49.6 apiece on the BSE (on closing basis) to Rs 89.3 on December 4
The recent upward revision in target price by CLSA factors in two key developments for SBI - potential upside in earnings and limited downside risks to capital adequacy
Higher passenger traffic, load factors helped the stock gain 44 per cent in November
SBI's gross non-performing assets (GNPA) declined to Rs 1.25 trillion during September quarter
Lower growth in net interest income, muted loan growth, an unchanged net interest margin, and decline in operating profit may mark the quarter, say analysts
The Indian stock market ended over one per cent higher on Tuesday on the back of favourable global cues
The numbers beat profit estimate, cheering investors. The stock soared to day's high of Rs 2,043 apiece on the BSE, up 6.2 per cent, as against 0.65 per cent rise in the benchmark S&P BSE Sensex
Absence of significant profit on investments, and low dividend income of Rs 320 crore YoY could optically make HDFC's pre-provisioning profit look modest, analysts say
Emkay Global Financial Services note that the private lender has done the heavy-lifting on provisions in Q4FY20 and Q1FY21. Thus, incremental provisioning should be moderate leading to healthy profits
The low cost carrier's revenue jumped 257 per cent sequentially to Rs 2,704.9 crore from Rs 766.7 crore reported in Q1FY21
In the previous quarter of the current fiscal (Q1FY21), the lender had incurred a loss worth Rs 864.26 crore
MOFSL pegs Bank of Baroda's net profit at Rs 139.4 crore for the recently concluded quarter as against net profit of Rs 737 crore in the year-ago quarter
Prabhudas Lilladher expects yields to remain strong during the recently concluded quarter, growing 10 per cent YoY, on the back of pricing disciple, charter and Vande Bharat flights
Analysts expect the net profit to come in at Rs 1,740 crore along with pre-provision profit (PPP) at Rs 6,380 crore.
Analysts at Centrum Broking note that Brent crude prices declined sharply by 30 per cent YoY, while domestic ATF prices declined 32 per cent YoY, leading to lower fuel costs
Analysts pegs SBI's PAT at Rs 3,435.5 crore for the quarter under review, at Rs 517 crore for Bank of Baroda, and at Rs 189 crore for PNB
Market participants would watch out for greater clarity on NPA recognition, loan restructuring roadmap, and credit costs for the rest of the year