6 stocks in the news on 19 Oct
Four private-sector lenders and two public-sector banks reported September-quarter results on Saturday: HDFC Bank's standalone profit rose 4.7% to ₹19,510 crore, ICICI Bank's 20.1% to ₹14,843 crore and Axis Bank's 38% to ₹7,003 crore. YES Bank's ₹1,080 crore profit came with an auditor's modified report on a Supreme Court ruling over its AT1 bonds. IDBI Bank's profit fell 39% to ₹2,205 crore against a year-ago NSDL gain, and Central Bank of India's rose 21.1% to ₹1,468.86 crore. Six stories filed since Friday evening; NSE is shut on Tuesday 20 October.
The big three
The most significant company news this morning.
- 01ResultsSat afternoonHDFC BankHDFCBANK
HDFC Bank's Q2 profit rises 4.7% to ₹19,510 crore; Bagchi takes over as CEO on 27 October
HDFC Bank reported standalone September-quarter net profit of ₹19,510 crore, up 4.7%, on net interest income of ₹34,620 crore, up 9.7%.₹728.85▲ 0.28%BusinessTodayRead - 02ResultsSat afternoonICICI BankICICIBANK
ICICI Bank's Q2 profit rises 20.1% to ₹14,843 crore; net interest margin slips to 4.18%
ICICI Bank reported standalone September-quarter net profit of ₹14,843 crore, up 20.1%, with net interest income up 17.7% to ₹25,339 crore.₹1,397.00▲ 0.55%BusinessTodayRead - 03ResultsSat afternoonAxis BankAXISBANK
Axis Bank's Q2 profit rises 38% to ₹7,003 crore; gross NPA 1.16%
Axis Bank reported standalone September-quarter net profit of ₹7,003.28 crore against ₹5,089.64 crore a year earlier, with gross NPA at 1.16%.₹1,290.00▲ 0.16%WhalesbookRead
Everything in the news
6 stocks · prices are Friday's close
- HDFCBANKHDFC BankResultsHDFC Bank's Q2 profit rises 4.7% to ₹19,510 crore; Bagchi takes over as CEO on 27 October₹728.85▲ 0.28%
- ICICIBANKICICI BankResultsICICI Bank's Q2 profit rises 20.1% to ₹14,843 crore; net interest margin slips to 4.18%₹1,397.00▲ 0.55%
- AXISBANKAxis BankResultsAxis Bank's Q2 profit rises 38% to ₹7,003 crore; gross NPA 1.16%₹1,290.00▲ 0.16%
- YESBANKYES BankResultsYES Bank's Q2 profit rises 65% to ₹1,080 crore; auditors flag Supreme Court AT1 ruling₹17.50▼ 3.42%
- IDBIIDBI BankResultsIDBI Bank's Q2 profit falls 39% to ₹2,205 crore against a year-ago ₹1,699 crore NSDL gain₹84.12▲ 0.80%
- CENTRALBKCentral Bank of IndiaResultsCentral Bank of India's Q2 profit rises 21.1% to ₹1,468.86 crore; gross NPA 2.39%₹30.88▲ 0.32%
Before the bell
Friday's close- Nifty 50
- 23,146.15
- ▲ 0.65%
- Sensex
- 74,729.27
- ▲ 0.56%
- Bank Nifty
- 55,844.00
- ▲ 0.06%
- Midcap 100
- 59,129.75
- ▼ 0.11%
- Smallcap 100
- 19,129.80
- ▼ 0.01%
- India VIX
- 14.06
- ▲ 0.21%
Markets today
- GIFT Nifty 23,118 at 8:05 AM IST, up 11 points (+0.05%) from its 3:30 PM level on 16 Oct.
- On Friday the Nasdaq Composite fell 2.1% and the S&P 500 1.1%; this morning Brent was $107.80 a barrel (-1.88%).
- FII net bought ₹1,165.90 crore on 16 Oct, DII net sold ₹3,661.30 crore (NSE provisional data via 5paisa).
On the calendar
- Mon 19 OctBajaj Finance, UltraTech Cement, Union Bank of India, IREDA and L&T Technology Services due to report Q2 resultsAs reported by Goodreturns
- Tue 20 OctNSE trading holiday
- Wed 21 OctJio Platforms IPO subscription opens (closes Fri 23 Oct)As reported by LatestLY
You're caught up.
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