DSIJ Mindshare

Discover which banking stocks with low P/E and P/B ratios could offer potential upside, and which ones may come with hidden risks.

Largest Lender in India Sees Strong Net Profit Growth; Asset Quality Improves Net Profit Rises 28%, Driven by Higher Other Income and Robust Loan Growth

Shares of the company gained more than 350 per cent in the last three years.

A broader market sentiment analysis indicates that around 2091 stocks are advancing, while 1502 stocks are witnessing declines, implying an overall optimistic sentiment across the broader market landscape. 

Nifty opened with a slight gap-up and traded higher after some intraday consolidation. In the afternoon session, it witnessed a profit booking and touched its previous falling trend line on the daily time frame. Nifty closed higher around 24 points or 0.14 per cent to close around the 17,624 level. S&P BSE Sensex also closed flat with a rise of 13 points. Nifty Mid-cap 100 and Nifty Small-cap 100 rallied 0.38 per cent and 0.28 per cent respectively.