Result Analysis: Persistent Systems Limited (CMP: Rs.3961) Result Update: Q3FY23 Persistent Systems Ltd. is a software solution provider company catering to mainly three segments: Technology Services, Banking, Financial Services and Insurance (BFSI), and Healthcare & Life Sciences. Its solutions include cloud life cycle management, Internet of Things, unified…
Result Analysis: IndusInd Bank Limited (CMP: Rs.1223) Result Update: Q3FY23 IndusInd Bank is one of the fastest growing private bank in India engaged in providing a wide range of banking products and financial services to corporate and retail clients. It is the fifth largest private bank in India…
Result Analysis: ICICI Lombard General Insurance Company Ltd. (CMP: Rs. 1250) Result Update: Q3FY23 ICICI Lombard General Insurance Company Ltd. (ILGI) is 4th largest general insurance companies in Asia and 14th largest company globally in 2021. The company is leading private sector non-life insurer in India with 8.6%…
Result Analysis: ICICI Prudential Life Insurance Company Ltd. (CMP- ₹484.35) Result Update: Q3FY23 ICICI Prudential Life Insurance Company Ltd. (“ICICI Pru.”) is 3rd largest private sector Life Insurance Company and is engaged in the business of providing life insurance, pensions and health insurance products to individuals and groups.…
NIFTY: The NIFTY opened at 18074.30 with a gap up of just 21 points. The index initially consolidated and then breaks on the upside after recording its intraday low at 18932.45. Price rallied sharply and went above 18100. The index started facing resistance there and formed a trading…
View on market: Stay Cautious, be with quality business: Stocks in Asia were poised to decline Thursday after US shares fell and the treasuries rallied. Shares edged lower in Australia and a gauge of US-listed Chinese companies slumped 2.5%. At 5:51 a.m., the Singapore-traded SGX Nifty, an early…
Result Analysis: Bank of India (CMP: Rs.90) Result Update: Q3FY23 Bank of India is one of India’s leading government owned commercial bank which provides range of banking products and financial services to retail and corporates segment. The bank operates through majorly three segments i.e. treasury operations, wholesale banking…
NIFTY: the NIFTY opened at 17922.80 with a gap up of just 28 points. The index recorded its intraday low at 17886.95 in its initial trades and started moving higher. Prices went above 18000 and then started facing resistance there to form a trading range. The range eventually…
View on market: Stay Cautious, be with quality business: U.S. stocks struggled to rise as earnings outlook and Fed’s prospective plans weighed on investor sentiments. The S&P 500 changed little by mid-day, while Nasdaq 100 rose 0.2%. Meanwhile, the yield on 10-year Treasuries advanced three basis points to…