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Prudent provision buffer gives Axis Bank a significant cushion for any potential impact on asset quality from the second wave of the pandemic
The company said that Zomato is proposing an IPO of its equity shares, comprising a fresh issue of equity shares by Zomato and an offer for sale by Info Edge (India).
The bank's net profit fell 6.9% to Rs 5,196.22 crore on 1.1% decrease in total income to Rs 75,980.65 crore in Q3 FY21 over Q3 FY20.
Yes Bank Ltd is up for a third straight session in a row. The stock is quoting at Rs 14.9, up 1.02% on the day as on 12:49 IST on the NSE.
Power Grid Infrastructure Investment is owned by the state-run Power Grid Corporation of India
Proceeds from the fresh issue would be used towards funding organic and inorganic growth initiatives; and general corporate purposes.
Analysts have revised price target upwards as the company looks well-placed to overcome near-term challenges
On a standalone basis, Maruti Suzuki reported a net profit of Rs 1,166.1 crore, down 9.7% from the same period of the previous fiscal.
All 30 constituents of Sensex were trading in the green with Bajaj Finance surging over 3%
Jindal Stainless has started supplying liquid oxygen from Jajpur unit in Odisha to health facilities for the treatment of COVID-19 patients.