Posts in category Economic Times
IDBI Bank Q4 Results: PAT soars 44% YoY to 1,628 crore; NII rises 12% (04-05-2024)
IDBI Bank's gross NPA ratio improved to 4.53% as against 6.38% YoY while net NPA ratio also improved to 0.34% vs 0.92% YoY..The lender has announced a dividend of Rs 1.50 per share which will be will be paid on approval by shareholders at the ensuing Annual General Meeting (AGM) of the bank.
Nuvama downgrades Titan, cuts target price to Rs 3,867 post Q4 results (04-05-2024)
The downgrade came after the company reported a 9% miss in consensus earnings driven by weaker jewellery margins for two consecutive quarters.
5 stocks where the President reduced holdings in March. Do you own any? (04-05-2024)
The President of India publicly holds 78 stocks with a net worth of over Rs. 4,400,890.5 crore.
Trent, BSE among 6 stocks that got upgraded and downgraded this week (04-05-2024)
During the week, at least 5 stocks earned downgrades while Trent got an upgrade.
Indegene IPO opens on Monday. 10 things to know before subscribing to the issue (04-05-2024)
The IPO comprises fresh equity issue worth up to Rs 750 crore and offer for sale (OFS) of up to 2.93 crore equity shares by existing investors. Under the OFS, Manish Gupta, Rajesh Bhaskaran Nair, Anita Nair, Carlyle, Brighton Park Capital, Nadathur Family Office, among others will offload shares.
Kotak Mahindra Bank Q4 Results: PAT jumps 18% YoY to Rs 4,133 crore, NIM at 5.28% (04-05-2024)
Kotak Mahindra Bank Q4 Results: Net interest income in Q4 rose 13% YoY to Rs 6,909 crore.
Why are metal stocks rallying: Explained! (04-05-2024)
Metal stocks have been on a roll lately. The Nifty Metal index has been up significantly, with gains of over 50%, in the last one year.
IPO Calendar: Primary market to do away with election blues with 9 IPOs opening next week (04-05-2024)
Indegene will launch its IPO on May 6, Aadhar Housing Finance and TBO Tek on May 8. All three companies will cumulatively raise just over Rs 6,000 crore through their issues.
Investing guru Warren Buffett draws thousands, but Charlie Munger’s zingers will be missed (04-05-2024)
Tens of thousands of investors are expected to once again descend on an Omaha, Nebraska, arena Saturday to vacuum up tidbits of wisdom from billionaire Warren Buffett. But a key ingredient will be missing from his annual Berkshire Hathaway shareholders' meeting: It's the first since Vice Chairman Charlie Munger died.
Stablecoin Tether steps up monitoring in bid to combat illicit finance (04-05-2024)
Tether, a cryptocurrency pegged to the U.S. dollar, and blockchain analytics company Chainalysis have launched new tools to identify transactions associated with sanctioned entities and analyse the activity of major holders of the token, Tether said.