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Indian Overseas Bank plans to raise ₹2,000 crore by selling shares to institutional investors, reducing government stake. Q3FY24 net profit rose 21% YoY to ₹874 crore, driven by strong income growth.

Paytm, operated by One 97 Communications, is set to report its December quarter earnings, with revenue expected between Rs 1,842 crore and Rs 1,826 crore, a 35-36% YoY decline. Yes Securities predicts an EBITDA loss of Rs 100 crore and Emkay Research estimates a net loss of Rs 346 crore.

Kotak Mahindra Bank shares: The Net Interest Income (NII) for Q3FY25 rose to Rs 7,196 crore, up 10% year-on-year from Rs 6,554 crore in Q3FY24. The Net Interest Margin (NIM) for Q3FY25 stood at 4.93%.

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The Nifty Realty index was trading 0.25 per cent at 941.60.

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The Relative Strength Index of the stock stood at 39.38 on Monday.

Indian Hotels shares 2.93% as Sensex rises

Updated at : 2025-01-20 18:00:02

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A total of 240,865 shares changed hands on the counter till 02:15PM (IST)

IRFC Q3 Results: The revenue from operations for the quarter was Rs 6,763.43 crore, marking a slight increase of 0.4% from Rs 6,736.57 crore reported in the same quarter last year.

IDBI Bank Q3 Results: The net interest income (NII) surges 23% year-on-year to Rs 4,229 crore.

Indian benchmark indices ended higher on Monday, driven by gains in Kotak Mahindra Bank and Wipro after strong quarterly earnings. In contrast, Zomato reported disappointing quarterly results shortly before the market close.

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