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Sharekhan is expecting the housing finance company to report an 8.6 per cent YoY rise in net profit at Rs 3,178 crore. NII is seen rising 1.1 per cent to Rs 4,049 crore. The pre-provision operating profit is seen growing 2.3 per cent YoY to Rs 4,446 crore.

“I find that the corporates are much more sensible and reserved in growing their credit. So at least for the next two years, I expect a lot of disciplined growth.”

SRF shares rise 1.09% as Nifty gains

Updated at : 2022-02-02 11:20:03

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The stock quoted a 52-week high price of Rs 2679.0 and a 52-week low of Rs 1026.63.

If the deal had gone through, it would have led to a dilution of all the existing shareholders, including the promoters – Tata group companies — which hold 74.36%.

Voda Idea stock surges on rating upgrade by CARE

Updated at : 2022-02-02 11:20:03

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Care Ratings Limited (CARE), upgraded its rating on Long Term Bank Facilities and Non-Convertible Debentures for Vodafone Idea (Vi) to "Stable" outlook from "Negative" earlier.

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As of 31-Dec-2021, promoters held 59.47 per cent stake in the company, while FIIs held 26.51 per cent and domestic institutional investors had 2.45 per cent.

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​​We maintain our constructive view on the equity market and India continues to remain a ‘buy the dip’ market rather than a ‘sell the rally’ market.

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A total of 4,475 shares changed hands on the counter till 10:56AM (IST)

Buy HPCL, target price Rs 360: Emkay Global

Updated at : 2022-02-02 11:20:03

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Hindustan Petroleum Corporation Ltd., incorporated in the year 1952, is a Large Cap company (having a market cap of Rs 41698.23 Crore) operating in Gas & Petroleum sector.

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Shares of Alphabet rose 8.6% in after-hours trading, to $2,990.10, erasing their losses for the year-to-date. Shares of competitors in online ads including Facebook owner Meta Platforms Inc, Twitter Inc, Trade Desk Inc and Snap Inc all rose as well.

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