Indian Bank Q2 profit spikes 139% YoY, asset quality improves sequentially Asset quality improved sequentially in Q2 with gross non-performing assets as a percentage of gross advances (NPA) falling 13bps QoQ to 7.2 percent and net NPA declining 30bps to 3.54 percent.
Stocks in the news: Reliance Industries, Ambuja Cements, Aurobindo Pharma, KPR Mill Reliance Industries | Ambuja Cements | ICICI Lombard | NOCIL | South Indian Bank | SEAMEC and Cyient are stocks, which are in news today.
More than 100 stocks fell 10-50% from September 20; time to buy? Most of the stocks in BSE 500 index have wiped off the gains since September 20 on the backdrop of renewed fear of corporate defaults, PMC crisis & Q2 earnings.
Buzzing stocks: PSB stocks crack up to 9%; Nifty PSU Bank index falls 4% The weakness seems to be a fallout of the government's announcement of merger of 10 PSBs into four on August 30 and the worries stemming from the move.
Buy South Indian Bank; target of Rs 18: Prabhudas Lilladher Prabhudas Lilladher is bullish on South Indian Bank has recommended buy rating on the stock with a target price of Rs 18 in its research report dated July 26, 2019.
Stocks in the news: Tata Motors, Bank of Baroda, Biocon, PVR, Trident, TRF, Techno Electric Biocon | South Indian Bank | PVR | Trident | TRF | Techno Electric | Shriram Transport Finance and Maruti Suzuki are stocks which are in the news today.
South Indian Bank Q1 profit jumps 3-fold to Rs 73 cr Total income of the bank rose to Rs 2,076.76 crore during April-June period of 2019-20, up against Rs 1,799.81 crore a year ago, the bank said in a regulatory filing.
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
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