Multinational paints maker Asian Paints will announce its December quarter earnings on Wednesday along with 21 other companies. Among other important results that are likely to be tracked closely today include those of LTIMindtree, ICICI Prudential Life Insurance Company and IIFL Finance. On Tuesday, HDFC Bank, Federal Bank and Bank of Maharashtra (BoM) announced their …
Storing a portion of your extra income in savings accounts offers numerous advantages, particularly in times of uncertainty like the present: Emergency fund: A sufficient emergency reserve kept in a savings account serves as a financial safety net for unforeseen costs such as job loss, medical emergencies, or sudden repairs. Strive to accumulate at least …
Apart from the much-awaited public issue of Tata Technologies, three other IPOs (Fedbank Financial, Flair Writing and Gandhar Oil Refinery) will open for public subscription on Wednesday. Here’s a look at how the shares of these companies are stacked up in the grey market. Gandhar Oil Refinery Gandhar Oil Refinery shares are commanding a premium …
With Samvat 2079 drawing to a close, a glimpse into the journey of Dalal Street investors shows a year marked by major ups and downs, but India stood strong against the global mayhem and managed to give a Diwali dhamaka! The journey since last Diwali began with benchmark indices hitting lifetime highs in December 2022, …
Midcap stocks with lower free float outdid their peers in the past six months in terms of returns, according to an analysis by Kotak Institutional Equities. State-run Mazagon Dock Shipbuilders and Indian Railway Finance Corporation (IRFC) occupy top slots in the list of 20 best-performing midcap stocks, which also features Fertilizers and Chemicals Travancore (FACT), …
Private sector lender Federal Bank on Monday reported a 35.54 per cent jump in standalone net profit for the second quarter of this fiscal at Rs 953.82 crore, helped by rise in net interest income. The south-based lender had posted a net profit of Rs 703.71 crore in the year-ago period. Total income of the …