LTIMindtree Q3 Results Review – Headwinds To Profitability A Dampener: IDBI Capital

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.LTIMindtree Ltd. reported subdued Q3 FY24 numbers. The company expects Q4 growth to be similar to Q3 due to furloughs, delay in decision making and cautionary macro. We expect LTIMindtree to register 11.7% YoY and 15.2% YoY revenue growth for FY25E and FY26E led by improvement in discretionary spend, reinvestment to drive growth and ramp up large deal won. However, we expect…
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Source: https://www.ndtvprofit.com/amp/research-reports/ltimindtree-q3-results-review-headwinds-to-profitability-a-dampener-idbi-capital

Newgen Software 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.Newgen Software Technologies Ltd. reported robust Q3 FY24 numbers registering 27% YoY growth in revenues and 44.5% YoY growth in profit after tax. Newgen Software is seeing healthy traction in order book (up 20% YoY) and higher deal size in insurance and banking, financial services and insurance. In addition, there is substantial execution of order book which was won in last few…
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Source: https://www.ndtvprofit.com/amp/research-reports/newgen-software-q3-results-review-emerging-markets-near-term-growth-driver-idbi-capital

IDBI Bank closed today at ₹68.67,

IDBI Bank Stock Price TodayIDBI Bank Share Price Today : On the last day, IDBI Bank opened at ₹69 and closed at ₹68.98. The stock’s high for the day was ₹72.19, while the low was ₹68.9. The market capitalization of IDBI Bank is currently at ₹75,718.42 crores. The 52-week high for the stock is ₹74.75, and the 52-week low is ₹42.88. The BSE volume for IDBI Bank shares on that day was 4,158,233.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Source: https://mintgenie.livemint.com/news/markets/idbi-bank-share-price-live-blog-for-17-jan-2024-151705461179018

IDBI Bank closed today at ₹68.67, down -2.49% from yesterday’s ₹70.42

17 Jan 2024, 02:21:54 PM ISTIDBI Bank share price Today :IDBI Bank trading at ₹68.89, down -2.17% from yesterday’s ₹70.42 The current data for IDBI Bank stock shows that the stock price is ₹68.89. There has been a percent change of -2.17, indicating a decrease in the stock price. The net change is -1.53, suggesting a decrease of ₹1.53 in the stock price.
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Source: https://mintgenie.livemint.com/amp/news/markets/idbi-bank-share-price-live-blog-for-17-jan-2024-151705461179018

Federal 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.Federal Bank Ltd.’s net interest margin declined sequentially during Q3 FY24 led by increase in cost of funds. Credit growth stood at 18.4% YoY (20% YoY Q2 FY24) backed by strong growth across the segments. Asset quality remained stable with gross non-performing assets at 2.29% versus 2.26% QoQ.Deposits growth stood at 19% YoY versus 23% YoY (Q2 FY24). Management guided for…
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Source: https://www.ndtvprofit.com/amp/research-reports/federal-bank-q3-results-review-net-interest-margins-declined-qoq-roa-guidance-maintained-idbi-capital

HDFC 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.HDFC Bank Ltd.’s net interest margin remains stable QoQ at 3.4% backed by increase in yields equivalent to rise in cost of funds. However, management guided for improvement led by portfolio mix. Deposits grew by 1.9% QoQ (merged basis) led by retail term deposits while gross advances grew by 4.9% QoQ (merged basis) led by CRB book. HDFC Bank’s asset quality remain stable as…
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Source: https://www.ndtvprofit.com/amp/research-reports/hdfc-bank-q3-results-review-net-interest-margins-stable-roa-maintained-at-2-idbi-capital

IDBI Bank’s Q2 net profit surges by 60%, but shares down 2%

After rising 2% in early trading, IDBI Bank’s shares fell as the lender revealed a net profit of Rs 1,323 crore for the second quarter that ended in September, increasing 60% year over year thanks to a decline in bad loans.In the second quarter of the current fiscal year, the bank recorded a total income of Rs 6,924 crore, up from Rs 6,066 crore in the same quarter of the previous financial year.From Rs 4,978 crore during the same period last year to Rs 6,035 crore in Q2FY24, interest income increased.The gross non-performing assets (NPAs) of IDBI Bank decreased significantly from 16.51% at the end of September 2022 to 4.90% of gross loans, indicating an…
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Source: https://www.indiainfoline.com/article-amp/news-top-story/idbi-bank-s-q-net-profit-surges-by-but-shares-down–1698043002295_1.html

IDBI Bank closed today at ₹70.42,

IDBI Bank Stock Price TodayIDBI Bank Share Price Today : IDBI Bank’s stock opened at ₹69.06 and closed at ₹68.81 on the last trading day. The highest price reached during the day was ₹70.25, while the lowest price was ₹68.57. The market capitalization of the bank is ₹74,170.07 crore. The 52-week high and low prices for the stock are ₹74.75 and ₹42.88, respectively. On the BSE, a total of 1,213,349 shares were traded.Disclaimer: This is an AI-generated live blog and has not been edited by MintGenie staff.
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Source: https://mintgenie.livemint.com/news/markets/idbi-bank-share-price-live-blog-for-16-jan-2024-151705373332934

Diwali 2023 Stock Picks: Tata Power, Kajaria, Macrotech among top 6 buys from IDBI Capital

Samvat 2079 has been a favorable year Indian Stock market and investors with Nifty and Sensex gaining almost 11% in last one year. Amongst the Sensex and Nifty stocks, Tata Motors Ltd and Larsen & Toubro Ltd have been largest gainers have seen their share prices rise 55-61% during last on-year

As the Markets have turned volatile in the recent past, picking the right stocks holds key for future upside. IDBI Capital Markets & Securities Ltd has come out with its stock picks for this Diwali


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Source: https://www.livemint.com/market/stock-market-news/diwali-2023-stock-picks-tata-power-kajaria-macrotech-among-top-6-buys-from-idbi-capital/amp-11699437924108.html

IDBI Bank share price Today Live Updates : IDBI Bank Stocks Surge in Positive Trading Session

IDBI Bank Share Price Today : On the last day, IDBI Bank’s opening price was ₹64.79, and it closed at the same price. The stock had a high of ₹66.15 and a low of ₹63.35. The market capitalization of IDBI Bank is ₹70,836.83 crore. The 52-week high for the stock was ₹74.75, and the 52-week low was ₹42.88. The BSE volume for IDBI Bank was 899,921 shares.Disclaimer: This is an AI-generated live blog and has not been edited by LiveMint staff.

22 Dec 2023, 10:35 AM IST
IDBI Bank share price Today :IDBI Bank trading at ₹66.6, up 1.09% from yesterday’s ₹65.88
The current data of IDBI Bank…
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Source: https://www.livemint.com/market/live-blog/idbi-bank-share-price-live-blog-for-22-dec-2023/amp-11703213107619.html