ICICI Bank Q2FY19 profit declines 56 per cent, asset quality improves ICICI Bank Q2FY19 profit declines 56 per cent, asset quality improves Nidhi Jani / Friday, October 26, 2018 0 1357 Article rating: 4.0 The net interest income (NII) for Q2FY19 came in at Rs. 6418 crore as against Rs. 5709 crore as compared to the corresponding quarter last year, an increase of 12.4 per cent. Also, the net interest margin (NIM) stood at 3.33 per cent as against 3.19 per cent for Q2FY18. Read more
UFO Moviez announces acquisition, stock spikes up UFO Moviez announces acquisition, stock spikes up Bhagyashree Vivarekar / Friday, October 26, 2018 0 1368 Article rating: No rating The largest digital cinema distribution network and in-cinema advertising platform, UFO Moviez announced the acquisition of Scrabble Digital (SDL) through its wholly-owned subsidiary Scrabble Entertainment (SEL). The stock gave a breakout on Friday’s trade closing 5.5 per cent up. Read more
Private banks drag down benchmark indices, Nifty Bank tanks Private banks drag down benchmark indices, Nifty Bank tanks Gayathri Udyawar / Friday, October 26, 2018 0 1706 Article rating: 5.0 The most tracked index in the stock market Nifty Bank bleeded on Friday and lost close to 400 points and closed at 24,421.05 down by 1.60 per cent. BSE BankEx was down by 1.97 per cent. Major private bank stocks Yes Bank, Axis and IndusInd Bank lost the most. Read more
Bharat Electronics Q2FY19 profit spikes 39 per cent Bharat Electronics Q2FY19 profit spikes 39 per cent Nidhi Jani / Friday, October 26, 2018 0 1501 Article rating: 4.3 During H1FY19, the company secured new orders amounting to Rs. 14,338 crore. The total order book as on October 1, 2018, stood at Rs. 48,995 crore. Read more
UPL Q2FY19 profit rises 14 per cent UPL Q2FY19 profit rises 14 per cent Nidhi Jani / Friday, October 26, 2018 0 1069 Article rating: 5.0 The PAT for the quarter came in at Rs. 270 crore as against Rs. 237 crore in the corresponding quarter last year, yoy increase of 14 per cent. Read more