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Prateek Agarwal discusses the period of mid 20s growth in index earnings and advises looking at that period for knowledge. He mentions the structural shift in the equity market due to increasing per capita income. He also talks about the potential improvement in valuations of PSU stocks. Regarding Paytm, he highlights the lesson of avoiding businesses with strong regulatory oversight. Prateek shares his thoughts on the private banking space and the impact of interest rates on bank NIMs. He suggests booking profits in overheated sectors like railways, defence, and real estate due to over-exuberance.

Steel products maker Goodluck India Ltd on Saturday posted a 72 per cent rise in its consolidated net profit at Rs 31.75 crore during the quarter ended December 2023, aided by higher income. It had clocked a net profit of Rs 18.40 crore during the October-December period of preceding 2022-23 financial year, the company said in a statement.

Chairman Dinesh Khara however reiterated the bank’s target of maintaining a return on equity (RoE) of 15% on a sustainable basis even as he maintained that the bank will continue to record loan growth of 14% to 16%.

The net profit increased to Rs 49.09 crore while total sales rose to Rs 612.89 crore in Q3FY24 due to strong festive demand and favourable cost of raw materials for the company.

Six of them have experienced consistent increases in prices, trading volumes, and delivery volumes, indicating higher investor interest in these scrips.

An important feature of the FPI flows in January this year was the divergent trends in equity and debt flows, analyst V K Vijayakumar who is Chief Investment Strategist at Geojit Financial Services said as he decoded the FPI trends.

First of all, this debt to GDP matter is being spoken conveniently by cherry-picking data. Look at the globe, look at the countries, even developed countries, some of them and their debt to GDP ratios are stunningly different from ours, in the sense they are even 300% more.

​​The bank earned Rs 105,733.78 crore in interest income in the reported quarter which was up 22% from Rs ​86,616.04 crore reported by SBI in the year ago period.

Total income rose to Rs 301.75 crore in the third quarter of this fiscal from Rs 191.78 crore in the corresponding period of the previous year, according to a regulatory filing on Friday.