IDBI Bank Stock Gains in Today’s Trading

TL;DR.IDBI Bank stock price went up today, 25 Jan 2024, by 0.76 %. The stock closed at 84.11 per share. The stock is currently trading at 84.75 per share. Investors should monitor IDBI Bank stock price closely in the coming days and weeks to see how it reacts to the news.
Read More…

Source: https://mintgenie.livemint.com/amp/news/markets/idbi-bank-share-price-live-blog-for-25-jan-2024-151706151133480

UltraTech Cement Q3 Results Review

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.UltraTech Cement Ltd.’s Q3 FY24 Ebitda came in-line with our/consensus estimates and it reported Ebitda/tonne of Rs 1191 up Rs 236/tonne QoQ. Industry is seeing price weakness in Q4 FY24 but we expect UltraTech Cement to maintain Ebitda/tonne due to fuel cost weakness and operating leverage. UltraTech Cement capacity addition plans are intact with installed capacity to reach 157…
Read More…

Source: https://www.ndtvprofit.com/amp/research-reports/ultratech-cement-q3-results-review-inline-growth-ahead-idbi-capital

IDBI Bank Shares Jump Nearly 14% Amid Spike In Traded Volume

Shares of IDBI Bank Ltd. jumped nearly 14% to over eight-year high on Wednesday amid a spike in total traded volume. The lender’s total traded volume so far in the day stood at 8.5 times its 30-day average.On Saturday, the lender announced that its third-quarter profit rose 57.3% year-on-year to Rs 1,458.20 crore for the quarter ended December, according to an exchange filing.Net interest income—the difference between interest earned and interest expended—rose 17.4% to Rs 3,434.60 crore. While, provisions in the quarter declined significantly, which aided the growth in the bottomline.
Read More…

Source: https://www.ndtvprofit.com/amp/buzzing-stocks/idbi-bank-shares-jump-nearly-14-amid-spike-in-traded-volume

Axis Bank Q3 Results Review

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.Axis Bank Ltd.’s net interest margin declined QoQ led by higher cost of deposits. Management expects deposit re-pricing to continue during Q4 FY24 but pace of increase will reduce. Credit growth remains strong at 22% YoY backed by Citi portfolio impact. However, management guided for 13% YoY credit growth for FY24 while maintained guidance of 400-600 basis points higher than…
Read More…

Source: https://www.ndtvprofit.com/amp/research-reports/axis-bank-q3-results-review-net-interest-margins-declined-qoq-roa-at-18-idbi-capital

IDBI Bank Share Price Live blog for 24 Jan 2024

IDBI Bank Share Price Today : On the last day, IDBI Bank opened at ₹79.99 and closed at ₹79.04. The stock had a high of ₹83.55 and a low of ₹75.65. The market capitalization of the bank is ₹82,191.36 crore. The 52-week high for the stock is ₹74.75, while the 52-week low is ₹42.88. The BSE volume for IDBI Bank shares on this day was 5,370,000.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

24 Jan 2024, 08:06 AM IST
IDBI Bank share price Live :IDBI Bank closed at ₹79.04 on last trading day
On the last day of trading for IDBI Bank on the BSE, the…
Read More…

Source: https://www.livemint.com/market/live-blog/idbi-bank-share-price-live-blog-for-24-jan-2024/amp-11706063767979.html

IDBI Bank organizes SRA Loan Festival in Guwahati city

GUWAHATI: IDBI bank, G S Road branch, Guwahati, organized a SRA Loan Festival on October 16, 2023, a financial extravaganza set to empower dreams and open doors to a brighter future. The festival was inaugurated by the Chairman and Managing Director of North Eastern Development Finance Corporation Limited (NEDFI) PVSLN Murthy and chaired by Branch Head GS Road Brijesh Kumar Singh and Regional Head Dipankar Das. The SRA loan festival was attended by esteemed guests, financial experts, and members of the community. The festival featured a wide array of loan products; ranging from housing, auto and education loans to business loans, tailored to meet the diverse financial needs of our…
Read More…

Source: https://www.sentinelassam.com/amp/story/cities/guwahati-city/idbi-bank-organizes-sra-loan-festival-in-guwahati-city-671445

ICICI Bank Q3 Results Review

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.ICICI Bank Ltd.’s (one of our top picks) net interest margin continue to decline during Q3 FY24 led by higher cost of deposits. Further, management guided for margin pressure to sustain in Q4 FY24 however, extent of compression will be lower. Asset quality improved led by lower slippages. Credit growth remains strong led by domestic book. We expect 16% compound annual growth…
Read More…

Source: https://www.ndtvprofit.com/amp/research-reports/icici-bank-q3-results-review-net-interest-margins-continue-to-decline-asset-quality-improved-idbi-capital

Zensar Technologies Q3 Results Review

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.Zensar Technologies Ltd.’s Q3 revenue growth was impacted by furloughs in hi-tech. Going forward, we expect the company’s revenues to improve led by reversal of furloughs and improving deal wins trajectory (up 28% YoY, book to bill of 1.2 times). This coupled with company’s intention to invest in capability building, sales and large deals, we expect 12% YoY growth each for…
Read More…

Source: https://www.ndtvprofit.com/amp/research-reports/zensar-technologies-q3-results-review-sustained-growth-key-to-re-rating-idbi-capital

IDBI Bank share price Today Live Updates : IDBI Bank Stock Soars: Positive Trading Day

IDBI Bank Share Price Today : On the last day, the IDBI Bank opened at ₹70 and closed at ₹69.67. The stock had a high of ₹80.52 and a low of ₹69.8. The market capitalization of IDBI Bank is ₹84,986.99 crore. The 52-week high for the stock is ₹74.75 and the 52-week low is ₹42.88. The BSE volume for IDBI Bank was 8,685,199 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

23 Jan 2024, 11:55 AM IST
IDBI Bank share price NSE Live :IDBI Bank trading at ₹79.56, up 0.66% from yesterday’s ₹79.04
The current data of IDBI Bank stock shows that the…
Read More…

Source: https://www.livemint.com/market/live-blog/idbi-bank-share-price-live-blog-for-23-jan-2024/amp-11705977134042.html