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Recovery in downstream cyclical margin and continued strong performance from consumer-centric business have led to most analysts being upbeat about the stock
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The IPO comprises a fresh issue of shares worth Rs 4,993.48 crore and offer for sale to the tune of Rs 2,741.50 crore by selling shareholders.
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Provisions for bad loans and contingencies during the reported quarter fell to Rs 1,865.69 crore as against Rs 2,440.32 crore put aside in the year-ago period.
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On the asset front, the bank's gross non-performing assets (NPAs) as of March 31, 2021 stood at 15.41% of the gross advances, slightly down from 16.80% in the year-ago period.
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26 out 30 Sensex stocks traded in the red. Titan was the biggest loser on the Sensex down 2.62%, Bajaj Finance lost over 2.5%, SBI was down 2.3%, Reliance Industries slipped 1.95% and HDFC Bank fell 1.64%.
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Here is the list of top stocks that could be in focus on May 3. Hero MotoCorp: The company has sold 372,285 units in the month of April 2021. The sales in April’21 were subdued due to the temporary closure of plant operations and the retail outlets across several key territories in India on account […]
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On the coronavirus front, investors continue monitoring the Covid situation in India as the country continues to battle a deadly second wave of infections.
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Here are 6 money making ideas from technical analysts that may deliver good gains in the near term
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"Markets will first react to Reliance Industries earnings and monthly auto sales numbers in early trade," said Ajit Mishra, Religare Broking
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Though the elections are essentially for state legislatures, the outcome in the five states will also partially reflect a signal of the confidence these five states repose on the ruling party at the Centre.
