Stocks to watch: TCS, IDBI Bank, Paytm, SBI, Tata Motors and more
TCS reported 11% YoY net growth in Q3, while revenue above analyst projections at Rs 58,229 crore.
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TCS reported 11% YoY net growth in Q3, while revenue above analyst projections at Rs 58,229 crore.
Stocks to Watch: KFin Technologies will make its stock market debut today. The stock is expected to go public on a sour note.
Today's stocks to watch include: Carlyle Group and Advent picked up a 9.99 percent stake in YES Bank, while Paytm approved a Rs 850 crore share purchase.
Stocks to Watch Today: Zomato is rumoured to be the subject of a block deal on Wednesday.
After the minutes from the Fed's latest meeting held showed that the US central bank may pause the pace of interest rate hikes, the Sensex reached a new high on Thursday, driven by a surge in IT companies. The Sensex closed for the first time above 62,000. The larger Nifty50 index rose 1.2%.
The stocks in focus as they release their September quarter earnings today are Coal India, BPCL, India Cements, Paytm, PB Fintech, and Aditya Birla Capital.
The State Bank of India recorded its highest-ever quarterly net profit of 13,265 crores in its Q2 results for 2022.
Stocks to Watch today: The NDTV open offer will begin on October 17. Rakesh Gangwal, a co-promoter of IndiGo, is most likely to sell up to 2.8% of his investment on the open market.
SBI has said via a Tweet that “Open a Savings account ANYTIME, ANYWHERE! Simply download the YONO SBI app and get started now."
KSK Mahanadi had a total loan debt of Rs 3815.04 crore to SBI. SBI sold the company for Rs 1622 crore to Aditya Birla ARC.
A 5% plummet is seen in SBI Cards shares as fears loom around merchant discount rates on credit card transactions being regulated by the RBI.
Top Indian lender SBI posts lower Q1 profit on investment book losses.
Shares fell more than 1% to 457 on the BSE as the stock went ex-dividend in Wednesday's trades, a day before the dividend's record date. SBI's board declared a dividend of 7.10 per equity share (710 percent) for the fiscal year ended March 31, 2022, while announcing its Q4FY22 results.
State Bank of India, the country’s largest commercial bank reported a 41% increase in net profits in Q4. It reported a net profit of Rs 9,113.5 crores for the quarter ending March 31, 2022.
The funds were raised at the International Financial Services Centre's GIFT City (Gujarat International Finance Tec-City) branch (IFSC).
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