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SBI Card gains 4% on strong June quarter results

Shares of SBI Cards and Payment Services (SBI Card) rose 4 per cent to Rs 991.95 on the BSE in Monday s intra-day trade on asset quality improvement in the June 2021 quarter (Q1FY22), with gross non-performing assets (GNPA) at 3.91 per cent as against 4.99 per cent in the March 2021 quarter (Q4FY21). Net NPA was down to 0.88 per cent from 1.15 per cent in Q4FY21. As of June 2020 (Q1FY21), GNPA and NNPA stood at 1.35 per cent and 0.43 per cent, respectively. The Reserve Bank of India (RBI) RE (Resolution Plan) book was down from 8 per cent to 6 per cent sequentially. The management overlay provision was at Rs 258 crore as on Q1FY22.

Kotak Mahindra Bank Q1 preview: Profit may rise up to 26%, NII growth seen in single digits

Kotak Mahindra Bank Q1 preview: Profit may rise up to 26%, NII growth seen in single digits
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

ACC surges 7%, hits new high on strong operational performance in Q2

Shares of ACC hit a new high of Rs 2,299 as they rallied 7 per cent on the BSE in intra-day trade on Tuesday after the company reported strong operational performance for the second quarter ended June 2021 (Q2CY21). The company’s Ebitda (earnings before interest, taxes, depreciation, and amortization) margins expanded 233 basis points (bps) quarter-on-quarter (QoQ) to 22.4 per cent due to higher realisations. On a year-on-year (YoY) basis, Ebitda margins improved by 200 bps from 20.8 per cent in Q1CY20. The company’s net sales during the quarter increased 51 per cent YoY at Rs 3,810 crore over the previous year quarter. Ebitda during the quarter was up by 65 per cent YoY at Rs 869 crore. The profit after tax (PAT) more-than-doubled to Rs 569 crore from Rs 271 crore in the corresponding quarter of the previous year.

reliance industries (ril: NMDC: आज कंपनी के शेयर में निवेश से फायदा मिल सकता है

these 12 things that will decide stock action on tuesday 20-07-2021 stock tips: NMDC, पावरग्रिड और RIL के शेयर में निवेश से आपकी होगी तगड़ी कमाई Amit Tyagi | नवभारतटाइम्स.कॉम | Updated: 20 Jul 2021, 06:22:00 AM Subscribe निफ्टी 15,800 लेवल के क्रूशियल सपोर्ट को तोड़कर 15,752 अंक पर बंद हुआ है। विश्लेषकों का कहना है कि निफ़्टी फिफ्टी अगर 15600 के लेवल से ऊपर बना रहता है, तभी इसमें रिकवरी देखी जा सकती है।   नई दिल्ली शेयर बाजार (Share markets) पर सोमवार को बिकवाली का दबाव रहा। इससे बीएसई सें

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