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SBI reported a whopping 81% year-on-year increase in net profit to Rs 6,451 crore for the quarter ended March 31
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Net Interest Income rose by 18.89% to Rs 27,067 crore in Q4FY21 compared to Rs 22,767 crore in Q4FY20
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State Bank of India is quoting at Rs 389.5, up 1.29% on the day as on 12:49 IST on the NSE. The stock is up 158.2% in last one year as compared to a 66.98% spurt in NIFTY.
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Divi;s Laboratories Ltd is quoting at Rs 4103, up 1.54% on the day as on 12:49 IST on the NSE. The stock is up 76.85% in last one year as compared to a 66.98% spurt in NIFTY and a 45.91% spurt in the N
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Steady growth in electricity consumption alongside stronger capex discipline and distribution sector reforms are the key levers for the sector
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29 out of 30 stocks were trading in the green. IndusInd Bank, SBI, ICICI Bank, Kotak Mahindra Bank and HDFC Bank were trading with gains of over 1%. On the downside, Powergrid was down about a per cent.
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Media firm NDTV reported an over two-fold jump in consolidated net profit at Rs 24.09 crore for the fourth quarter ended March 2021.
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Overseas, Asian stocks traded higher on Friday following an overnight bounce on Wall Street.
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Markets ended lower for the second day in a row led by selling in metals and financial stocks
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The rout on May 19 created panic among investors, leading to exchanges like Coinbase and WazirX witnessing temporary shutdowns