awesome Fantastic results for the quarter ending Sept 30, 2021 The bank reported a very good set of quarter ending Sept 30, 2021. The net profits of the bank rose to Rs 125 crores from Rs 119 crores in the corresponding period of the last quarter. The net interest margin too expanded from 3.03% to […]
amazing Index funds -Who can opt for these funds? These funds are ideal for first time equity or mutual fund investors who do not wish to actively participate in fund management. But indeed there is some risk associated with being attached to equity and hence you surely need to have some or moderate risk appetite […]
amazing The brokerage’s take on Jubilant FoodWorks IIFL Securities has highlighted in its latest research report that “Jubilant FoodWorks reported results above our estimates with 37% sales growth. SSS growth at 26% on a low base, with sales per store up 26% YoY, the delivery and takeaway channels grew 36.8% and 72.2%, respectively, over pre-Covid […]
Greatlgood LIC Aadhaar Stambh – Non-Linked assured plan As the name suggests, the LIC Aadhaar Stambh plan is offered by the corporation for Indian males who are having Aadhaar cards. It is a Non-Linked, Participating, Individual plan, which means, the policy can receive assured high returns, which will not be linked with the equity markets. […]
amazing Target Price The Current Market Price (CMP) of Indigo Paints is Rs. 1942. The brokerage firm, ICICI Direct has estimated a Target Price for the stock at Rs. 2270. Hence the stock is expected to give a 17% return, within 1 year. Stock Outlook Current Market Price (CMP) Rs. 1942 Target Price Rs. 2270 […]
amazing 2QFY22 results of HDFC Ltd. The brokerage in its latest research report has said that the mortgage lender’s “Spreads were stable QoQ at 2.29%; b) GS3% declined 10bps QoQ to 2.5%; c) Restructured loans increased 50bps QoQ 1.4%. Of the total restructured loans, ~63% is towards the individual segment. One large account constitutes ~35% […]
awesome Citibank Time Deposit Interest Rates Following the most recent revision, the bank is now offering an interest rate of 1.85% to 3.50% to the general public on their deposits of less than Rs. 2 Cr maturing in 7 days to 1096 days. Here are the revised interest rates on fixed deposits of Citibank India. […]
amazing Business oi-Vipul Das | Published: Sunday, January 2, 2022, 12:02 [IST] The public sector lender Punjab National Bank has revised its interest rates on Domestic & NRI Saving Accounts. According to the official website of the bank, the new rates are effective as of 1st January 2022. Customers will now receive an interest rate […]