Yeah, premiumization is a key theme across banks now. Everyone is chasing the HNIs, NRIs, Senior citizen profiles for ticket size. Corp sal type accounts will remain key though because they’re granular and thus not as prone to rate change.
Tembo Global – Infrastructure proxy? (17-10-2024)
Tembo Global has received an order from Maharashtra State electricity Distribution Co. Ltd for 25 years of PPA for Solar Photovoltaic power generation stations valued at approx INR 595 cr.
Disc: Not invested (may invest in future) and sharing only for educational purpose.
PI Industries shares drop 0.89% as Sensex falls (17-10-2024)
A total of 1,434 shares changed hands on the counter till 11:01AM (IST)
ABB nudges profit guidance higher after Q3 beats forecasts (17-10-2024)
ABB, a Swiss engineering company, reported higher-than-expected operating profits in the third quarter. This success came from its electrification unit. The company raised its profitability outlook for the year but slightly downgraded its revenue growth expectations. The new CEO, Morten Wierod, started in August, following an operational overhaul by former CEO Bjorn Rosengen.
Volumes soar at CRISIL Ltd counter (17-10-2024)
CRISIL Ltd clocked volume of 28782 shares by 10:47 IST on BSE, a 12.29 times surge over two-week average daily volume of 2342 shares
Mphasis share price up 4% after Q2FY25 profit jumps over 8%; details here (17-10-2024)
The rise in Mphasis share price came after the company reported a healthy September quarter (Q2FY25) results.
Pondy Oxides hits the roof after Q2 PAT soars to Rs 17 cr (17-10-2024)
Pondy Oxides & Chemicals hit an upper circuit of 5% at Rs 1,117.20 after the company’s standalone net profit surged 112.85% to Rs 17.39 crore in Q2 FY25 as compared with Rs 8.17 crore in Q2 FY24.
Nokia Q3 profit beats expectation, sees signs of recovery (17-10-2024)
Nokia reported a 9% rise in third-quarter operating profit and sees a demand recovery in some areas. The company maintained its full-year outlook and expects significant growth in the fourth quarter. Comparable earnings before interest and tax rose to 454 million euros. Net sales fell 8% partly due to lower sales to India.