Analysts have slashed their earnings expectation by 12 - 15 per cent for the lender
Analysts say that the Nifty's close in the positive territory on Thursday might mean that the first leg of downside is over and a bounce back has resumed
The Nifty is likely to bounce till 12,300 levels in the short-term after which it is again likely to correct
While revenue grew at a muted pace and missed estimates, net profit plunged by 30%; analysts expect Inox to post better numbers
Indian government is in the right direction says Sousa
In 2018, India's household debt-to-GDP was at 11%, versus 76% in the U.S. and 54% in China, according to International Monetary Fund data.
Despite a high base of last year, the company was able to post a same-store sales growth of 9.2%. The metric a year ago was 14.7%
Country likely to edge out Mauritius as a favoured destination for offshore funds
During the probe, Sebi observed that the entire 1.51 million GDRs were subscribed by only one entity, Vintage FZE (now known as Alta Vista International FZE).
Sources privy to the development said the offer will have a base issue size of Rs 10,000 crore. Besides, there will be a green-shoe option.
FPIs will also be allowed to invest in exchange traded funds or ETFs that invest only in debt instruments, the RBI said.
Franklin Templeton MF announced 100% mark-down; others followed valuation metric after SC rejected telcos' petition
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The new plan involves creating a "data lake" project to augment analytical capabilities, he said while speaking at the Speaking at the National Institute of Securities Markets at Patalganga near here.
The company has been awarded a Supervisory Control and Data Acquisition and Advanced Distribution Management Solution project by the Jammu & Kashmir Power Development Department.
The company reported a same-store sales (SSSG) growth of 9.2 per cent, over a high SSSG of 14.5 per cent reported during the same quarter last year.
Since January 8, the stock has rallied 23 per cent as latest shareholding data reveals that FPIs' stake in VBL touched a new high of 19.35 per cent at the end of December 2019 Since Jquarter (Q3FY20).
The private sector lender's stock is trading at its highest level since its listing on July 10, 2017
Consolidation in Axis Bank may see breakdown if the counter closes below 100-DMA for two consecutive days.
The government's firm commitment to revive the economy and the thrust on infrastructure spending augurs well for the growth of cement demand