HOUSING AND URBAN DEVELOPMENT CORPORATION LTD Q4 RESULTS

PNB Housing Finance Q1 results: Profit jumps 25% to Rs 433 crore

PNB Housing Finance has reported a 25% growth on year in the first fiscal to get a profit of Rs. 433 crores, from Rs. 347 crores a year ago as the company saw good productivity in the 100 branches it added from December last year to March 2024.

Suzlon Energy Q1 Results: Cons PAT skyrockets 200% YoY to Rs 302 crore, revenue jumps 50%

Suzlon Energy Q1 Results: The renewable energy company reported a record-breaking Q1FY25, with an 86% increase in EBITDA to ₹370 crore and the highest quarterly deliveries in seven years. The strong performance was driven by a record order book of 3.8 GW, the largest in the company's 29-year history.

These 4 stocks close crossing below VWAP on July 12

These 4 stocks closed crossing above VWAP on July 3

These 8 stocks gained over 25% for 4 consecutive quarters, turned multibaggers

Q4 results: Stable costs boost India Inc. profits

Steady costs and firm domestic demand supported corporate performance in the March quarter.

4 stocks closed crossing above VWAP on June 10

Quant Smallcap Mutual Fund hikes holding in Adani Power, exits Hindalco, Britannia

Quant Small Cap Fund increased holdings in Adani Power in May. Fund exited stocks like Hindalco, Bharat Electronics, and Britannia, as per ETMutualFunds analysis.

Builders want reduction in repo rate in RBI's next monetary policy to boost housing sales

Real estate developers urged the RBI to lower the repo rate in the upcoming monetary policy to reduce home loan interest rates and stimulate housing demand, as the RBI maintained the rate at 6.50%. Industry experts anticipate potential rate cuts in the future to boost the real estate sector further amid strong market performance.

Defence stocks: Long runway, hedge a bit to avoid narrative-based decisions; 8 PSU & Pvt sector stocks, 4 with upside potential of upto 44%

In an election season, there are bound to be times when one or the other narrative may make one question about whether one should sell the stocks. The underlying reason would be fear of losing the gains on which one is sitting. Especially when it comes to sectors like defence, railways and others which have seen a strong re-rating and siting with big gains and already there has been skepticism about their stock price moving ahead of time. Now let's look at the issue in two ways, first is whether the fundamentals of the sector are on a strong foot and business is fine or not. Second, how to hedge the exposure so that one is not forced to sell due to narrative, because the fact is that a continuation in policy push means that the companies have just started their journey. While defence PSUs are well known, there are other private sector players, whose lifeline is dependent on defence expenditure and in the last few years they have also done well, both on the street and in terms of real business. So, it is better that one should hedge and stay with them and not get jittery because of one or the other narrative which will keep hitting the street till 4th June.

SJVN Q4 Results: Net profit jumps two-fold to Rs 61 crore

State-owned SJVN has reported over two-fold jump in consolidated profit to Rs 61.08 crore during the March quarter, on account of exceptional gains.

Candidates of strong directional move on 4th June: 5 PSU stocks which have benefited the most due to government policy push and spending

​In the last two years, it is a well known fact that every PSU stock has been re-rated by the street, right from perennial under-performers like oil marketing and refining oil companies to PSU banks. But if one looks a bit deeper there are some which have been re-rated more than others. The reason, these are PSUs which are from the sectors where the government has clearly decided are its priority areas and there has been a policy push for these sectors. A company which is going to be providing finance for the expansion of the solar energy network which is the next focus of the government. The overall demand runway for these sectors is longer which means overall growth will be higher when confirmation of policy continuity comes. Also they are in business where it would be difficult for the private sector to compete. Now because it is the policy push which matters, the continuity of tailwinds of higher government spending, will push them for another round of re-rating on the result day.

Nalco Q4 Results: Profit jumps two-fold YoY to Rs 996.7 cr

​State-owned Nalco on Monday reported two-fold rise in consolidated profit to Rs 996.74 crore for the March quarter on the back of lower expenses. The company had posted a consolidated profit of Rs 495 crore in the March quarter of FY23, National Aluminium Company Ltd (Nalco) said in a filing to the BSE.

Q4 results this week: Tata Steel, LIC, IRCTC, Apollo Hospitals Enterprise, and Bharat Dynamics

Several companies, including Tata Steel, LIC, and IRCTC, will release their March quarter report cards this week.

Why is MGNREGA implementation so poor in Bihar, Congress asks PM Modi

The Congress general secretary said that in 2015, the "outgoing PM" had famously promised a Rs 1.25 lakh crore package for the people of Bihar and Rs 54,713 crore from this package was earmarked for road and bridge projects. A number of national highways, bridges over the rivers Ganga, Sone and Kosi, and 12 railway overbridges were to be built, he said.

Hudco Q4 Results:Net profit rises 9% YoY to Rs 700 crore

The company's total income for the quarter was 18% higher at Rs 2,194 crore against Rs 1,862 crore. Its board recommended a final dividend of Rs 2.65 per equity share on the face value of Rs10 each for the financial year 2023-24.

ETMarkets Fund Manager Talk: Q4 results in line with expectations, domestic cyclicals leading the way: Shibani Sircar Kurian

The March quarter earnings growth was driven by BFSI, Auto, technology, and oil and gas, with smallcaps rallying on retail liquidity. Shibani Sircar Kurian discussed the risk in the broader market for FY25. Nifty companies reported 13% earnings growth. PSUs are favored pre-elections. Capex in power, defence, and infrastructure is expected to continue.

Improving asset quality, reach to keep Jana SFB on growth path

JSFB provides micro financing, secured business loans, loans against property, micro, small and medium enterprises loans, loans against deposits and gold, and loans to finance companies. The bank strives to reduce reliance on unsecured loans by expanding the portfolio of secured loans. At the end of March 2024, its total loan book was worth Rs 24,746 crore.

LIC Housing Finance Q4 Results: Net profit falls over 7% YoY to Rs 1,091 crore

The net profit in the year-ago period was Rs 1,180 crore. The company's board recommended a 450% dividend for FY24. In other words, shareholders would get Rs 9 per equity share of Rs 2 each, subject to their approval.

Election, Q4 earnings, and FII flows among 10 factors that will steer D-Street this week

Over 530 BSE-listed companies will announce their March quarter earnings this week, including DLF, GIC Housing Finance, INOX India, Jindal Steel & Power, Varun Beverages, Zomato, Bharti Airtel, Bharti Hexacom and Colgate-Palmolive (India).

India Shelter Finance Corporation Q4 Results: Net profit soars 47% YoY to Rs 78 crore

The mortgage lender, which got its shares listed on December 20 last year, said its assets under management rose to Rs 6084 crore at the end of March. The company, which is active in the affordable housing space, operates out of 223 branches in 15 states.

Shriram Housing Finance Q4 Results: Net profit surges 67% YoY to Rs 62 crore

The lender’s assets under management grew 71% year-on-year to Rs 13,762 crore at the end of March while asset quality deteriorated marginally with gross non-performing assets ratio rising 10 basis points to 1.03%.

PNB Housing Finance Q4 Results: Profit zooms 57% to Rs 439 crore on steady demand for home loans

Its loan assets grew by 10% year-on-year to Rs 65,358 crore at the end of March, while retail loans grew by 14% to Rs 63,306 crore. PNB Housing Finance's corporate loan book shrank 46% in FY24 to Rs 2,052 crore as it had tried to de-risk the portfolio.