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 […]
awesome Axis Bank According to the brokerage, the bank’s “Corporate loan Disbursements were up 24% QoQ, flat YoY. Mid-corporate segment grew 32% YoY / 10% QoQ. The QoQ decline in corporate loans was attributed to deleveraging by corporates, certain prepayments and corporates accessing sources of funds other than bank loans. Capex cycle has bottomed out […]
amazing Bharti Airtel Ltd The brokerage firm has set a target price of Rs. 780 for one of the country’s largest telecom companies. Axis Securities has noted in its research report that “The Digital TV grew by 5.5% QoQ backed by strong customer addition of 282K during the quarter. Airtel continues to make good progress […]
