Page 10 - Icici Securities

IDFC soars 19% as RBI allows company to exit as promoter of IDFC First Bank

IDFC stands to benefit as a reverse merger could help unlock shareholder value, removing the holding company discount, ICICI Securities said in a note

ICICI Securities Q1 profit surges 61% to Rs 311 cr; revenue up 37%

ICICI Securities has reported a 61 per cent jump in profit after tax to Rs 311 crore in three months ended June 2021 on account of growth in revenue and improvement in margins

Zomato IPO: Subscribe for listing gains, suggest brokerages

Zomato IPO is set to be a watershed moment in the Indian internet space, Jefferies said in a note

PNC Infra surges 9%, nears record high on strong order book position

As of March 31, 2021, the value of contracts under PNC Infartech's execution stood at Rs 11,648 crore

'Dec'21 Nifty target of 16,500; still a lot of opportunity in large-caps'

Piyush Garg, executive vice-president & CIO PMS, ICICI Securities shares his views on the road ahead for the markets and the investing strategies one should adopt

India Inc's profit-to-GDP at 4-year high of 2.6% in FY21 despite pandemic

ICICI Securities says impact of GDP weakness felt more by unorganised sector

HCL Tech tanks 3% post Q4 nos but brokerages remain bullish; here's why

Following the March quarter results, most brokerages slashed their earnings expectations from HCL Tech

ICICI Securities advances 8% on healthy March quarter results

The robust profit was on account of growth in revenue and improvement in margins.

Stocks to watch: Nestle India, Hero Moto, ICICI Securities, Cyient, Lupin

Cyient, Tata Elxsi and 10 other companies will release their quarterly earnings on April 22

ICICI Securities fourth quarter after-tax profit up two-fold at Rs 329 cr

This comes on the back of growth in revenue and improvement in margins.

ECM activities: ICICI Securities takes pole position with Rs 9K-crore deals

The first quarter of 2021 was strong for ECM activity with 46 deals worth Rs 56,300 crore, an increase of nearly 50% over the same period of 2020

Demand revival, higher realisations and export growth to help Wabco India

One of the key reasons that Wabco India would rank higher compared to other auto component firms is the lower impact from new technology disruption

Rate-hike bets in India escalate ahead of possible global tightening

Five-year interest-rate swaps jumped 63 basis points in February, reflecting growing expectations of a tighter monetary policy

APL Apollo, Apollo Tricoat Tubes surge up to 10% on board nod to merger

Apollo Tricoat's minority shareholders will receive one equity share in APL Apollo for each equity share held in Apollo Tricoat

Tata Motors, Tata Motors DVR gain up to 8% amid heavy volumes

Tata Motors outlined ambition to reach double-digit commercial vehicle margins and high single-digit passenger vehicle margins in coming years

Nestle India shares decline 5% as December quarter results disappoint

Brokerage HDFC Securities in a results update said moderation in in-home consumption categories will impact key brands but revival in OOH will support growth

ICICI Securities third quarter net profit up 95% to Rs 267 crore

The firm saw growth in revenue and improvement in margins

Tata Consumer could become next FMCG scrip added to Nifty: ICICI Securities

Says the firm is on course to replace state-owned Gail India in the widely-followed index during the semi-annual review set for March

Hike in FPI limit, improving outlook positive signals for Bharti Airtel

Shares of the telecom operator hit a seven-month high of Rs 601.8 on BSE

Bharti Airtel surges 6% on DoT nod for 100% FDI in downstream investments

Post revision of its foreign investor limit, Airtel's weightage in MSCI should go up, resulting in significant inflows into the stock