Here are the top stocks to track in today s session:
Q3 earnings: Reliance Industries, Yes Bank, Gland Pharma, JSW Steel, Oberoi Realty and V-Mart Retail are among 41 companies set to announce their quarterly earnings later today. Driven by a strong rebound in petrochemicals business, and supported by growth in the retail segment, RIL is expected to clock a stellar sequential improvement in its net profit for the December quarter of the current financial year (Q3FY21).
SBI Card: SBI Cards and Payment Services reported nearly 52 per cent dip in its net profit to Rs 210 crore in the third quarter ended December 2020, on higher provisioning.
The 834-point rally for Sensex was its biggest since September 25, 2019. Nifty reclaimed 14,500 after two sessions of wait, lifting combined market values of three most valued companies by Rs 49,200 crore.
HDFC Bank Rises Over 2% Due To Jump In Q3 Net Profit HDFC Bank Rises Over 2% Due To Jump In Q3 Net Profit HDFC Bank, the country s largest private sector lender, reported a 14.36 per cent jump in consolidated net profit to Rs 8,760 crore for the December quarter
Updated: January 18, 2021 10:22 am IST
HDFC Bank s net revenues or net interest income plus other income grew to Rs 23,760.8 crore
HDFC Bank shares gained more than 2 per cent in a weak market after the country s largest private sector lender, on Saturday, reported a 14.36 per cent jump in consolidated net profit to Rs 8,760 crore for the December quarter. At 10:15, the shares of HDFC Bank were trading higher by 1.8 per cent at Rs 1,494 on the BSE. The shares have touched an intra-day high of Rs 1,500 and a low of Rs 1,467.95 thus far.
What Should Investors Do With HDFC Bank After Q3 Result: Buy, Sell Or Hold? moneycontrol.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycontrol.com Daily Mail and Mail on Sunday newspapers.
Here are the top stocks to track in today s session:
HDFC Bank: The private lender, on Saturday, reported an 18.1 per cent year-on-year increase in net profit to Rs 8,758.3 crore for the quarter ended in December 2020. That apart, the bank said it has imposed a penalty of Rs 10.20 lakh on its senior executive Jimmy Tata for selling his shares in violation of insider trading regulations.
Q3 earnings: Mindtree, Rallis India, Indiabulls Real Estate, IndiaMart, Trident and Snowman Logistics are among the 21 companies that will release their December quarter numbers today.
Metropolis Healthcare: Diagnostic chain Metropolis Healthcare said it will acquire Dr Ganesan s Hitech Diagnostic Centre to strengthen its leadership position in southern India. The company s board has approved the acquisition partly by way of cash consideration of Rs 511 crore and partly by issuance of up to 4,95,000 equity shares to the promoter group of Hitech.