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HDFC Sec on SBI BUY TP Rs270 from Rs316 Improvement in NPAs due to high write offs Morat is unusually low when compared to peers & related disclosures were ambigous COVID19 prov on the lower side Expect NIMs of 2.9% over FY21-22E Cut earnings est by 47.2%/18% for FY21E/FY22E
GSI discovers 250 kg gold reserves near Jamshedpur - The Economic Times via @economictimes
Geological Survey of India has discovered ~250 kg of gold reserves in Bhitar Dari village in Jharkhand's East Singhbhum district, 20 km from Jamshedpur. It has submitted a final report on it to the Jharkhand govt on June 3 2020 paving the way for auctioning of the gold mines
Dmart has justified why I like the stock so much and why I think its such a good defence and aggressive stock to have in our portfolio. At 2500 rupees also, I am comfortable on the price outlook for the future. @aajtak @livemint @FinancialXpress @JagranNews @republic
Ultratech Cement has already reached 3950. So, we are there already. #nifty #stocks #news @aajtak @livemint @BT_India @FinancialXpress @JagranNews @republic
Torrent Power says demand in the co.’s licensed and franchised distribution areas during the period March 25, to April 30 was down 49% compared to same period last year. May 2020 demand down 36% (YoY). Expect overall electricity demand in FY21 to be lower than FY20.
ICICI Sec on @TheOfficialSBI ADD TP at `206 from `185 Depression in NIM offset by lower credit cost Unlike peers, SBI not created prov buffer for COVID19 Lower morat % reaffirms lower vulnerability in portfolio Rerating upside capped due to risk to NIM, low CET1 & economic risk
Yes we battling Coronavirus/ Cyclone / Job Cuts / Lower GDP. But at times you just have to make the best out of the worst! #SaturdayVibes
Vedanta reported record annual steel production at 1.23 million tonne for FY2020, up 3% y-o-y.
Vedanta Q4 results: Firm posts net loss of Rs 12,521 crore - The Economic Times
At last, today Airtel DTH is operational again. Mended just now. I had to pay Rs 600/- towards replacement of LNGF Connector and service charges. Good that it is operational again. Thank you and Kindly add my lost days from May 20 thru Jun 05 @Airtel_Presence @airtelindia
~16000 cr impairment charges taken by Vedanta on crude fall in the last quarter. Not surprised at all... few cos r consistent always
Ambit on @TheOfficialSBI BUY TP Rs336 Standing Tall Moratorium book at 20% is a +ve surprise 39%/61% of corporate/personal retail book being lower risk Expect lower deterioration in asset quality of SBI vs peers NPA recoveries to slowdown due to lower demand for stressed assets
This is pure gold. He is a gem.
#JioPlatforms to raise an additional Rs 4,546.80 crore from #SilverLake, co-investors #RIL #BSE #NSE
#InFocus Reliance Industries
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