Jan 20, 2021
By: Navdeep YadavThe ₹4,600 crore IPO of IRFC clocks in strong response, got fully subscribed on the second day.
Credit: IRFC
Rakesh Jhunjhunwala reduced stake in the bank to 2.4 percent in December from 2.71 percent earlier in September.
Credit: BCCL
Management expects some margin pressure in the next quarter as raw material prices rise.
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The street expects margins to be under pressure, dented by spiked bad loans.
Credit: Bajaj-Finance
The net income margin expanded to 16.5 percent against 13.4 percent in the year-ago period.
Credit: LTI
The stock has gained nearly 3 percent in the last week.
Credit: Indian-Bank
The company reported a net profit of ₹913.2 crore in December quarter.
Credit: BCCL
MFs reduced stake in the company to 5.56 percent in December from 8.64 percent earlier in September.
Credit: BCCL
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