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Bank of Maharashtra Q1 results: Net profit jumps 27% YoY to ₹2,020 crore
Bank of Maharashtra's net profit rose 27% to ₹2,020 crore in Q1 FY27, driven by growth in interest income and improved asset quality. Total income increased to ₹9,063 crore, and the bank's GNPA ratio improved to 1.45%.
DBS Bank India profit jumps 49% on lower costs, better asset quality
DBS Bank India reported a significant 49% net profit increase. Advances grew fifteen percent while expenses and provisions saw a decrease. Total income fell seven percent to Rs 10,591 crore for the year. Gross NPAs dropped to 1.34 percent, reflecting improved asset quality. The bank's capital adequacy stood at 19.7 percent.
DBS Bank India profit jumps 49% on lower costs, better asset quality
DBS Bank India reported a significant 49% net profit increase. Advances grew fifteen percent while expenses and provisions saw a decrease. Total income fell seven percent to Rs 10,591 crore for the year. Gross NPAs dropped to 1.34 percent, reflecting improved asset quality. The bank's capital adequacy stood at 19.7 percent.
75% returns in YTD! Indiabulls share price hits a fresh 52-week high
Indiabulls share price has delivered strong returns over a period time. The smallcap stock has gained 30% in one month and has delivered multibagger returns of 180% in three months. Indiabulls shares have jumped 104% in six months, while it has surged over 75% on a YTD basis.
Analysts back buy-on-dips strategy as Nifty targets 24,450–24,800
Indian stock market analysts are optimistic, anticipating the Nifty to continue its upward trend. They suggest buying on dips around the 24,000-24,150 mark, with potential upside targets reaching 24,800. Several stocks, including Container Corporation of India, IndusInd Bank, Biocon, HDFC Asset Management Company, Shriram Finance, and Piramal Pharma, are highlighted as strong buy recommendations with specific price targets and stop-losses.
Small-cap stock under ₹50: Sindhu Trade Links up over 8%. Do you own?
Sindhu Trade Links share price has gained 8% in one month and has rallied 28% in three months. The smallcap stock has surged 40% in six months, while it has fallen 6% in one year. Over the past five years, Sindhu Trade Links shares have delivered multibagger returns of 760%.
2026 multibagger smallcap stock jumps another 10% after Rs 1,437 crore Vedanta Aluminium order
Bluspring Enterprises shares hit a record high after its subsidiary secured a Rs 1,437 crore operations and maintenance contract from Vedanta Aluminium Metal. The order strengthens the company’s order book, while multiple recent contract wins and positive brokerage views on Vedanta Aluminium support investor sentiment.
Toyota Kirloskar Motor's June sales rise 7% on stronger domestic demand
Toyota Kirloskar Motor witnessed a robust 7% surge in total sales for June, reaching 31,016 units. This growth was fueled by an 8% rise in domestic sales to 28,441 units and a 7% increase in exports to 2,575 units. The company attributes this success to sustained market momentum and a strong customer-centric approach, aiming to further enhance its market presence with quality products and services.
Motilal Oswal's top 4 banking picks ahead of Q1 earnings season. Do you own any?
Motilal Oswal has identified its top banking picks ahead of the Q1 earnings season, anticipating strong MSME credit demand. HDFC Bank and ICICI Bank are highlighted for their robust asset quality and profitable growth. State Bank of India leads the PSU pack with aggressive pricing and housing loan strength, while AU Small Finance Bank is favored for its retail segment performance.
Stock Market LIVE: Sensex off lows, Nifty below 24,100; Adani Ent, IndiGo top losers
Sensex Today | Stock Market LIVE Updates Monday: In the broader markets, the Nifty MidCap was up 0.03 per cent, and the Nifty SmallCap fell 0.03 per cent.
Stocks to buy below ₹100: Mehul Kothari of Anand Rathi recommends three shares to buy or sell
Next week, Bank Nifty's trading range is set between 57,000 and 59,000, with breakouts suggesting future trends. Analyst Mehul Kothari advises buying Trident, UCO Bank, and MMTC under ₹100, as the Indian market remains strong amid mixed signals and easing crude oil prices.
Rajesh Palviya of Axis Sec suggests JSW Infrastructure, Ind-Swift Laboratories, Welspun Living shares to buy next week
The Indian stock market will remain closed on June 26 for the Muharram holiday. Benchmark indices extended their winning streak ahead of the holiday, with Nifty 50 closing at 24,056 and Sensex at 77,100.47, boosted by easing crude oil prices and supportive measures for the rupee.