ICICI Bank stands out among India’s large-cap lenders this year, outperforming rivals through steady earnings, aggressive branch expansion, and rising deposit and loan growth, supported by positive analyst outlooks and improving asset quality. ICICI Bank has been one of the…
Non-resident foreign currency inflows are expected to reduce Indian banks’ net interest margins yet could enhance overall earnings through increased lending, as robust credit growth continues across sectors amid rising deposits, according to IIFL Capital. Foreign Currency Non-Resident inflows are…
Jefferies has upgraded its stance on Hindustan Zinc, citing rising zinc and silver prices bolstering earnings forecasts, while maintaining a cautious outlook on Hindalco due to softening aluminium markets and rising debt levels. Jefferies has turned more positive on Hindustan…
Kotak Institutional Equities has downgraded its fair value for Tata Motors Passenger Vehicles amid rising challenges for Jaguar Land Rover, including intensifying EV competition and operational hurdles in key markets. Kotak Institutional Equities has cut its fair value estimate for…
Shares of HDFC Bank fell sharply following Chief Executive Sashidhar Jagdishan’s announcement that he will not seek another term, heightening concerns over governance and succession amid lingering doubts about the bank’s future leadership. HDFC Bank shares fell sharply after chief…
Indian shares declined on Monday amid renewed tensions in West Asia that boosted crude oil prices and rekindled worries over persistent inflation, leading to a broad-based sell-off across sectors and heightened market caution. Indian shares ended lower on Monday as…
Angel One has upgraded Lincoln Pharmaceuticals to a ‘buy’ rating following its impressive quarterly earnings and ambitious long-term revenue targets, highlighting its growth potential in the pharma sector. Angel One has turned bullish on Lincoln Pharmaceuticals after the Ahmedabad-based drug…
Blackstone’s potential bid for Actis’s BluPine Energy, a significant Indian renewables platform, highlights its strategic focus on fast-growing energy markets amid rising interest from global investors. Blackstone is back in the market’s spotlight after reports that Actis is preparing to…
Groww Asset Management has announced the completion of a Rs 580 crore strategic investment by State Street, signalling a new phase in India’s passive investment market and challenging established fund houses with global expertise and innovative product offerings. Groww Asset…
PVR Inox has approved a ₹300 crore buyback of 20.69 lakh shares at ₹1,450 each, marking its first such move since the merger, amid signs of improved operational performance and market confidence. PVR Inox has approved a buyback of up…
A recent study reveals that anchor investors in India are exiting IPOs much sooner than intended, prompting calls for stricter lock-in rules to restore confidence and improve the signalling role of anchor investors. India’s anchor investor system was meant to…
Indian shares ended lower on August 31, with declines across green energy, power, and technology sectors, amid subdued global cues and sector-specific volatility. Indian shares finished lower on August 31 as selling spread across green energy, power and technology-linked counters,…
