What should investors do with HDFC Bank post better Q2 results?

The bank’s standalone net profit increased 20 percent year-on-year (YoY) to Rs 10,606 crore, while its net interest income (NII) grew 18.9 percent to Rs 21,021.2 crore against Rs 17,684.4 crore logged in Q2FY22. HDFC Bank ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ […]

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Bajaj Auto shares gain as Q2 standalone profit jumps 20%

The earnings before interest, taxes, depreciation and amortization (EBITDA) grew 25.5 percent on a Year on Year (YoY) basis to Rs 1,759 crore. Bajaj Auto ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ […]

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Avenue Supermarts shares fall 2% despite strong Q2FY23 earnings

Consolidated revenue came in higher at Rs 10,638 crore for the quarter, an increase of 36 percent compared to Rs 7,789 crore in September 2021 quarter. Avenue Supermarts (D-Mart) ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= […]

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Shree Cements share price falls 4% after net profit slumps 67% in Q2

Standalone revenues rose 18 percent on-year to Rs 3,781 crore as compared to a revenue of Rs 3,206 crore registered in the year-ago quarter. Shree Cement ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); […]

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Bajaj Auto shares likely to open higher as Q2 standalone profit jumps 20%

The earnings before interest, taxes, depreciation and amortization (EBITDA) grew 25.5 percent on a Year on Year (YoY) basis to Rs 1,759 crore. Bajaj Auto ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ […]

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Buzzing Stocks | HDFC Bank, Avenue Supermarts, Bajaj Auto, and others in news today

Stocks to Watch: Check out the companies making headlines before the opening bell Results on October 17: ACC to be in focus ahead of quarterly earnings on October 17. ACC, Can Fin Homes, Craftsman Automation, Heidelbergcement India, PVR, Tata Coffee, Tata Metaliks, RPG Life Sciences, Spandana Sphoorty Financial, Indowind Energy, Bank of Maharashtra, Star Housing […]

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MC Insider: God gets a job, broker gets trolled, former banker makes a comeback, actress offloads real estate, and more

We keep hearing about creative names new-age companies bestow on their CXOs in order to stand out — Chief Farming Officer, Chief Evangelist, Chief Maverick, Chief Gardening Officer, and what not. They also try to recruit famous influencers for these roles in order to grab attention. However, a three-year-old portfolio management service (PMS) seems to […]

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HDFC Bank Q2 net profit rises 22.3% to Rs 11,125 crore powered by loan growth

The private sector lender’s net interest income grew 18.9 percent to Rs 21,021.2 crore from Rs 17,684.4 crore for the quarter ended September 30, 2021 ‘); $ (‘#lastUpdated_’+articleId).text(resData[stkKey][‘lastupdate’]); //if(resData[stkKey][‘percentchange’] > 0){ // $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); // $ (‘.arw_red’).removeClass(“arw_red”).addClass(“arw_green”); //}else if(resData[stkKey][‘percentchange’] < 0){ // $ (‘#greentxt_’+articleId).removeClass(“greentxt”).addClass(“redtxt”); // $ (‘.arw_green’).removeClass(“arw_green”).addClass(“arw_red”); //} if(resData[stkKey][‘percentchange’] >= 0){ $ (‘#greentxt_’+articleId).removeClass(“redtxt”).addClass(“greentxt”); //$ […]

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Infosys Q2 FY23 – Why investors should exercise caution despite stellar numbers, buyback

The evolving macro challenges cloud the outlook for any IT service company, including Infosys The management commentary on a few sectors was loaded with caution and, should the macro remain challenging, the concern could deepen, thereby slowing decision making PRO Only Highlights–  Quarterly performance largely backed by improved realisations–  Medium-term triggers China plus and protectionist […]

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