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ITC dividend, Q4 results: JM Financial sees adjusted profit at Rs 5,062.20 crore for the March quarter, up 0.6 per cent YoY. Along with its quarterly results, ITC would also be announcing final dividend, if any, for FY25 today.
Motilal Oswal Securities has initiated coverage on MTAR Technologies Ltd with a buy rating and kept a target price of Rs 2800 a share from its previous close.
Federal Bank board has set up a search committee for evaluating internal or external candidates for the position and the names will be sent to the RBI in the next 2-3 weeks.
Kotak Mahindra Bank's loan and deposit growth are likely to be affected after the Reserve Bank of India (RBI) asked the private-sector lender not to take on board new customers through the bank's online and mobile banking channels and not to issue any new credit cards, according to analysts. The bank's share price fell 10.85 per cent on Thursday to close the day at Rs 1,643 on the BSE. The RBI's action came after market hours on Wednesday.
Zomato shares jumped 4.54 per cent to hit a fresh high of Rs 197.80 on BSE. Motilal Oswal Securities has 'Buy' rating on the stock with a target of Rs 220. Kotak Institutional Equities finds the stock worth Rs 210.