PNB GILTS LTD Q2 RESULTS
PSU banks' Q1 results decent, but are valuations supportive of next leg of the rally? Despite strong Q1 results, PSU bank stocks have fallen nearly 6% over the past month due to valuation concerns. Experts predict stock-specific action rather than a broad rally. While SBI posted a modest 1% YoY profit increase, other public lenders l...
14 Aug, 2024, 01.42 PM ISTGIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session Domestic markets closed with losses for the second day in a row amid consolidation and a lack of positive triggers. Gift Nifty indicated a positive start, while oil prices rose on shrinking U.S. inventories. The rupee remained flat against the dolla...
14 Aug, 2024, 06.57 AM ISTGIFT Nifty down 10 points; here's the trading setup for today's session "Going forward, we expect markets to consolidate at higher levels due to mixed global cues and absence of any major domestic triggers," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal
12 Aug, 2024, 08.32 AM IST- ADVERTISEMENT
Varun Beverages announces 2:5 stock split, interim dividend of Rs 1.25 per share Varun Beverages, PepsiCo's franchise partner, declared a stock split in the ratio of 2:5 and announced an interim dividend of Rs 1.25 per share. The company's June quarter results showed a 26% year-over-year increase in profit, amounting to Rs 1,261...
30 Jul, 2024, 12.43 PM ISTPNB Q1 Results: Net profit after tax jumps 159% YoY, NII rises 10% Punjab National Bank saw a 159% rise in net profit to Rs 3,252 crore for the June 2024 quarter. Net interest income grew by 10% while total income increased by 12.5%. The GNPA ratio improved to 4.98%, and NNPA declined. The bank's global business an...
27 Jul, 2024, 05.17 PM ISTNTPC Q1 Results: Standalone PAT rises by 11% YoY, revenues up 13% NTPC Quarter 1 Results: The total income of the company also rose by 13.5% to Rs 45,053.04 crore while its total expenses were recorded at Rs 38,276.03 crore in Q1FY25. The total expenses increased by Rs 4,748 crore on a YoY basis.
27 Jul, 2024, 05.16 PM ISTIndian benchmark yield dips for third straight quarter amid index inclusion Indian government bond yields ended little changed on Friday, but the benchmark bond yield declined for the third consecutive quarter, as the country's sovereign debt started getting included in a widely tracked global index.
28 Jun, 2024, 05.11 PM ISTIndia a very attractive destination for fixed income investors: Vikas Goel So, obviously, we are still underrepresented. So, compared to, say, a similar economy like Indonesia, etc., we will go from 2.5% to about 4% I think after the inclusion which is fairly-fairly insignificant even if we compare it to our equity markets...
27 Jun, 2024, 01.43 PM ISTFII action, rupee movement among 11 factors to set D-Street mood this week Nifty closed the week with a 2.2% increase despite notable ups and downs, as seen in the India VIX reaching a 52-week peak with almost a 10% rise over four sessions. As trading resumes next Monday, numerous significant local and international events...
26 May, 2024, 09.28 AM ISTPNB Q4 results: Net profit surges 160% YoY to Rs 3,010 crore; NII rises 9% Public sector lender Punjab National Bank (PNB) on Thursday reported a 160% year-on-year (YoY) surge in Q4 net profit at Rs 3,010 crore, while the net interest income (NII) rose to Rs 10,363 crore in the quarter, rising 9% YoY.
09 May, 2024, 05.17 PM ISTPNB Q4 Results: Profit jumps nearly three-fold to Rs 3,010 crore PNB Q4 Results: Interest income grew to Rs 28,113 crore during the period under review, from Rs 23,849 crore in the corresponding quarter a year ago.
09 May, 2024, 02.52 PM ISTPNB 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 portfol...
29 Apr, 2024, 10.00 PM ISTQ4 results this week: Adani group to lead as 211 companies will declare earnings With 211 companies announcing quarterly results this week, investors are particularly watching out for major names like Kotak Mahindra Bank, DMart, Ultratech Cement, Indian Oil, and many others across various industries.
28 Apr, 2024, 03.01 PM ISTMultiple price auctions show confidence in g-sec demand The multiple price auction method was suspended by the RBI for most debt auctions in July 2021 amid severe market volatility due to sharp increases in government borrowing during the COVID crisis. While the method encourages deeper price discovery f...
09 Apr, 2024, 05.49 AM ISTPNB raises profit guidance to Rs 7,000 cr for FY24 Going by revised guidance, the fourth quarter profit would be upwards of Rs 2,000 crore as well. In the third quarter ended December 2023, the bank earned a profit of Rs 2,223 crore, registering an over 253 per cent jump over the same quarter a year...
28 Jan, 2024, 05.26 PM ISTPNB Q3 Results: Profit jumps over three-fold to Rs 2,223 crore State-owned Punjab National Bank (PNB) on Thursday posted an over three-fold increase in its profit to Rs 2,223 crore for the third quarter ended December 2023. The bank had earned a net profit of Rs 629 crore in the same quarter a year ago.
25 Jan, 2024, 03.00 PM ISTPunjab National Bank shares jump over 6% after multifold jump in Q2 profit Operating profit (before provisions and contingencies) jumped 12% to Rs 6,216 crore in the reporting period against Rs 5,567 crore in the last year period. Provisions during the second quarter fell nearly 30% year-on-year (YoY) to Rs 3,444 crore. Th...
27 Oct, 2023, 12.48 PM ISTPNB Q2 Results: Net profit grows multi-fold to Rs 1,756 cr; NII up 20% PNB Q2 Results: Net interest income (NII) during the second quarter rose 20% year-on-year to Rs 9,923 crore. It was Rs 8,271 crore in the year-ago period. Operating profit (before provisions and contingencies) jumped 12% to Rs 6,216 crore in the rep...
26 Oct, 2023, 02.14 PM ISTPNB Housing Finance Q2 Results: Profit jumps 46% YoY to Rs 383 crore The mortgage lender kept aside Rs 1196 crore as expected credit loss provisions against Rs 2162 crore in the year ago period. This is in line with improvement in asset quality with gross non-performing assets ratio declined by 1.78% at the end of Se...
24 Oct, 2023, 08.27 AM ISTQ2 results season kicks off this week. 32 companies may report over 100% profit growth Domestic cyclicals like banks, auto and capital goods are likely to lead earnings growth while healthcare and technology may clock a moderate earnings growth. Motilal Oswal sees Nifty earnings growing by 21% YoY in Q2 while Kotak Equities has predic...
10 Oct, 2023, 11.13 AM IST