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NII or the difference between the interest earned on loans and that paid on deposits increased 8% to Rs 7582 crore from Rs 7013 crore a year ago. Other income growth was slower at just 1% year on year, mainly as treasury income fell 64% to Rs 395 crore from Rs 1100 crore a year ago.

This is Ujjivan’s highest quarterly net profit, also backed by a 38% year-on-year jump in loan portfolio to Rs 19,409 crore and a record Rs 4,326 crore disbursement during the quarter under review.Its net interest margin improved to 9.6% against 8% in the year-ago period (without adjusting for Rs 1794 crore and Rs 674 crore of selling down of loans through inter-bank deals and securitization, respectively.)

"The hourly chart shows that the index is parting from an upper channel line on the downside, and on the way down, it has breached the key hourly moving averages. The hourly Bollinger Bands have started expansion, thus, making way for the index on the downside. Also, the Nifty50 has entered into a recent gap area on the daily chart and can move down further towards 15,360 to fill up the gap area," Ratnaparkhi said.

Consolidated revenues for the quarter jumped 22 per cent YoY to Rs 35,853 crore, thanks to strong execution seen in the infrastructure segment and sustained growth momentum in the IT&TS portfolio.

“Why should India not be a 100-million-ton exporter of steel and if we want to produce 300 million tons of steel, we cannot keep waiting for the domestic market to take us to that level, we need to look at the export markets as well.”

Seeking to democratise the production of a variety of entertainment content, starting with films, Untold.io offers both accredited and non-accredited investors an investment opportunity for a minimum investment of $1,000.

"We do not give a headcount target because that is a forward view and guidance, so we will stay away from it but as we had articulated that we will continue to invest in the pyramid to get more freshers. We see a decent demand pipeline come through and that effort will continue. From the perspective of attrition, we have made numerous interventions over the last three to four quarters that have started to give us benefit."

The Nifty Pharma index closed 1.18 per cent down at 12341.9.

“Asian Paints we expect about 31% kind of a revenue growth on a YoY basis. But if you normalise on a three-year basis, it prints normal growth of about 13 odd percent and largely driven by realisation, volume growth is expected in single digits.”

Marquee investor Dolly Khanna remained busy shopping as she clinched as many as half a dozen new shares, including a few multibaggers.She picked up 48.7 lakh shares or a 3.3 per cent stake in Chennai Petrochem worth Rs 139.2 crore, whereas 18.8 lakh shares or 1.1 per cent stake in Manali Petrochem worth Rs 19.6 crore.