Here are the top stocks that could be in focus in today’s trade: State Bank of India: India’s largest commercial bank, SBI reported an 8% year-on-year jump in the net profit as it grew from ₹13,264.5 crore in Q2FY23 to ₹14,330 crore in the quarter under review. The net interest income (NII) of the State … Read more
TCS: The IT major’s board approves a buyback of 4.09 crore shares (1.12%) at Rs 4,150 apiece, aggregating to Rs 17,000 crore. An interim dividend of Rs 9 per share was also approved by the board, with Oct. 19 as the record date. Larsen & Toubro: The company received a Rs 64.98 lakh penalty order … Read more
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Gas pipeline, telecoms cable connect Finland and Estonia Cause of the damage, and who did it, unclear – Finnish PM No threat to energy safety, telecommunications – Finnish PM European gas prices rise on the news HELSINKI, Oct 10 (Reuters) – A subsea gas pipeline and a telecommunications cable connecting Finland and Estonia under the … Read more
InCred Equities on Jio Financial Services Limited Not Rated | TP: NA The euphoric valuations are here to stay 1. Jio Financial Services (JFS), which was demerged from Reliance Industries Ltd (RIL), will be listed on Indian stock exchanges on August 21, Monday. RIL shareholders as of the record date of July 20 has received … Read more