Top Conviction Ideas - “Banks, Financial Services and Insurance (BFSI)”
Banks (incl. SFBs) credit growth was marginally below our estimates, delivering an 11% YoY (vs our expectation of ~12% YoY) growth as banks exit...
227 Views
HSIE Results Daily: Reliance Industries, RBL Bank, DCB Bank
Reliance Industries: Our ADD rating on Reliance Industries (RIL) with a price target of INR 1,655/sh is premised on (1) EBITDA growth in the...
264 Views
HSIE Results Daily: ICICI Bank, Shriram Finance, AU Small Finance Bank, CreditAccess Grameen
ICICI Bank’s (ICICIBC) Q3FY25 earnings marginally beat estimates on the back of strong operating performance, healthy growth on both sides of the...
244 Views
DCB Bank - Healthy Performance; Other Income Gaining Traction
DCB Bank (DCBB) reported 22.6% YoY growth in PAT to INR1.55b (15% beat) due to higher other income. NII grew 7% YoY to INR5.1b (in line, up 2.5% QoQ).
239 Views
HSIE Results Daily: TVS Motor, IndusInd Bank, Dixon Technologies, Petronet LNG, Metro Brands
TVS Motor: TVS Motors’ Q2 PAT at INR 6.6bn (+24% YoY/+12% QoQ) was marginally lower than our estimates. Higher investments in digital, brand...
301 Views