“IDFC First Bank has built a well-rounded platform, arguably among the most improved deposit franchises. Operational efficiencies will play out from H2FY25, and over FY24-27 strong deposit growth will aid loan growth that should aid 28 percent EPS CAGR even as credit costs rise. Improving ROA (to 1.5 percent) andRead More →
As per the expert, IndusInd Bank, currently trading at ₹1,550, has recently broken out of its range by forming a new higher high and higher low, indicating a strong uptrend. The immediate resistance is near the ₹1,690 level, and the current price is exhibiting strong bullish momentum, expected to continueRead More →
The stock has risen over 4 percent just in January, extending gains for the fifth straight month since September 2023. Between September and January to date, it has advanced 23 percent. Meanwhile, the stock has jumped 37 percent in the last 1 year. The private sector lender hit its 52-weekRead More →
Foreign institutional investors (FIIs) were the net sellers of securities worth of ₹1,023.91 crore, while domestic institutional investors (DIIs) bought securities for a net total of ₹1,634.37 crore. FIIs purchased shares worth a net of 14,623.18 crore rupees for the month up to July 28, while DIIs sold shares worthRead More →
In his 2001 letter to shareholders, Warren Buffett opined that he likes hamburgers and he’s going to buy hamburgers for the rest of his life. So, they love it in the Buffett household when the hamburger price goes down. Buffett even joked that they start singing the ‘Hallelujah Chorus’. ButRead More →
The US banking crisis, which began with the SVB fallout, posed a major threat to the American economy and also carried the risk of spiralling its effect on other countries’ financial sectors. US Federal Bank intervention ensured that the crisis doesn’t spiral into other sectors of the economy and affectedRead More →
