IndusInd Bank logs 17% y-o-y growth in net profit to Rs 2,301 crore; stock slips ~3%
Net interest income for the quarter ended December 31, 2023, at Rs 5,296 crore.
Source: indiainfoline.com
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Q3FY24 Review: Tata Communications: Kaleyra springs a significant positive surprise
Recommendation: Add; Target price: Rs 2026
Source: indiainfoline.com
Q3FY24 Review: ICICI Prudential Life: Growth pressure weighing on margins
Recommendation: Add; Target price: Rs 550
Source: indiainfoline.com
Q3FY24 Review: IndusInd Bank: Lower provisions drive in-line PAT
Recommendation: Buy; Target price: Rs 1870
Source: indiainfoline.com
Delhivery: A pricey bet on growth
Through FY24-26, it should grow sales at best in sync with the industry, with an inferior operating matrix and capex
Source: indiainfoline.com
Q3FY24 Review: IndiaMART: No respite on churn rates, as yet!
Recommendation: Add; Target price: Rs 2850
Source: indiainfoline.com
EPACK Durable Limited IPO Opens; Subscribed 29% So Far
The IPO, open for bidding until January 23, 2024, has set a price band of Rs 218 to Rs 230 per equity share.
Source: indiainfoline.com
2024 to see a gradual recovery in IT sector: IIFL Securities
Analysts of IIFL Securities believe the commentary from ISG corroborates their view of 2024 being a year of gradual recovery for the Indian IT services.
Source: indiainfoline.com
Epack Durables IPO Day 1: Issue Subscribed 64%
Investors can place a bid for up to 65 shares in a single lot at the IPO, which is priced between Rs 218 and Rs 230 per share.
Source: indiainfoline.com
Cello World: Moulding a diversified portfolio
Recommendation: Buy; Target price: Rs 1000
Source: indiainfoline.com