March 2024 – 爱上海后花园-爱上海同城论坛-上海后花园爱上海

Hindustan Zinc share price surged 6 per cent to Rs 288 apiece on BSE on Thursday after the company board approved interim dividend for FY23. The company said that the dividend payout of Rs 21 per share i.e. 1050% on face value of Rs 2 apiece would lead to an outflow of Rs 8,873 crore. The record date for payment of the dividend would be 21 July and the dividend would be paid within the stipulated timeline, the company said. Technical analysts said, there is a 50-DMA at 279 in Hindustan Zinc stock. “So it would be important to see …

夜上海论坛

HDFC Bank rating: Buy | On a steady growth trajectory

on 2024-03-182024-03-18

HDFCB reported strong 21.6% y-o-y loan growth, that translated into an NII growth of 14.5% y-o-y (3% below Nomura estimates) and core PPOP growth of 14.7% y-o-y. NIM (on average assets) was flat q-o-q at 4% despite strong retail and SME loan growth sequentially. Fee income fared better than we had expected (+38% y-o-y). Management did not offer any further clarity on the merger dynamics. HDFC Bank’s lending subsidiary, HDB Financials, continued to record improved performance – NII +9.6% y-o-y, PPOP +0.4% y-o-y and net income ~4x y-o-y. Stage 3 improved to 4.95% from 4.99% in Q4FY22. We reiterate Buy …

阿拉爱上海

Nifty IT hits 52-week low on Thursday, fall in rupee doesn’t help

on 2024-03-122024-03-12

Information technology (IT) stocks continued their downward journey on Thursday, with HCL Technologies, Tech Mahindra, TCS, Wipro witnessing selling pressure. The Nifty IT cracked below the 52-week low of 26,399.75 intra-day, marking the lowest level since May 2021, while the BSE IT index fell 1.44%. An interesting fact is that the record plunge of the rupee is not helping curb the fall in IT stocks. A strong dollar against the rupee is considered to be positive for IT companies as a major chunk of their revenue comes from outside the country.

上海419论坛

MCX Crude oil August futures may fall to Rs 7300/bbl this week amid rising COVID cases in China

on 2024-03-092024-03-09

By Jigar Trivedi WTI crude oil futures fell for the second consecutive week, down more than 6% and closed at $97.6 per bbl, as prospects of demand sapping lockdowns in China and recession fears in the US outweighed tight supplies. US gasoline demand, the major demand sector for crude oil, tumbled last week to 8.06 million barrels a day, the lowest seasonally since 1996. However, oil prices pared early losses and bounced back from a four-month low, as Saudi Arabia was not expected to unilaterally announce any oil production increase after Biden’s visits, while prospects of a less aggressive tightening …

上海419论坛

ACC shares retreat as sharp decline in net profit disappoints Dalal Street

on 2024-03-022024-03-02

Shares of ACC Ltd sharply declined on Friday after the cement maker posted a 60.07% decline in its consolidated net profit to Rs 227.35 crore for the quarter ended June 30, 2022. The stock fell 0.73% on the BSE to Rs 2,140.70 while it declined 0.85% to Rs 2,142 on the NSE. The company, which follows the January-December financial year, had posted a profit of Rs 569.45 crore for the June quarter a year ago. The bottom line was impacted because of a steep rise in prices of pet coke and imported coal. As ACC is well-positioned in its key …