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ICICI BANK:. Q1 results on 27-7-2019.
Indiabulls Ventures (up 0.96 per cent), ICICI Bank (up 0.86 per cent), HDFC Bank (up 0.86 per cent) and Cholamandalam Investment & Finance Company (up 0.83 per cent) too were trading in the green.
Shares of Edelweiss Financial Services (up 7.32 per cent), REC (up 1.15 per cent), Power Finance Corporation (up 1.01 per cent) and ICICI Lombard General Insurance Company (up 0.98 per cent) were the top gainers in the index.
Sadbhav Engineering (up 3.40 per cent), CG Power and Industrial Solutions (up 2.59 per cent), GE T&D India (up 2.46 per cent) and ABB India (up 1.74 per cent) too were trading higher.
Shares of Suzlon Energy (up 7.71 per cent), Dilip Buildcon (up 6.70 per cent), V-Guard Industries (up 4.82 per cent) and BEML (up 4.52 per cent) were trading with gains.
Symphony (up 0.56 per cent), Voltas (up 0.39 per cent) and Crompton Greaves Consumer Electricals (up 0.26 per cent) too were trading higher.
Shares of Rajesh Exports (up 1.59 per cent), Whirlpool of India (up 1.33 per cent) and Blue Star (up 0.88 per cent) were trading in the green.
Shares of TV Today Network zoomed 8% on the BSE after HDFC Mutual Fund has increased its holding in the company by 2.14% stake through the open market transaction.
Jammu & Kashmir Bank (down 1.27 per cent), Canara Bank (down 0.46 per cent), Bank of Baroda (down 0.17 per cent) and State Bank of India (down 0.13 per cent) were the top losers in the index.
Shares of Allahabad Bank (up 4.12 per cent), Syndicate Bank (up 2.98 per cent), Central Bank of India (up 1.23 per cent) and Oriental Bank of Commerce (up 1.01 per cent) were the top performers in the index.
Power Grid Corporation of India (up 2.36 per cent), JSW Energy (up 2.24 per cent), CG Power and Industrial Solutions (up 2.07 per cent) and ABB India (up 1.64 per cent) too were trading with gains.
Shares of Reliance Infrastructure (up 11.75 per cent), Suzlon Energy (up 5.78 per cent), Tata Power Company (up 4.54 per cent) and GMR Infrastructure (up 2.98 per cent) were the top performers in the index.
Majority of the companies on the list have eroded investor wealth between April 22 and June 25, , with PC Jeweller falling 63 per cent Jet Airways 52 per cent, Jain Irrigation 52 per cent, Reliance Power 49 per cent, TV18 Broadcast 28 per cent and IRB Infrastructure27 per cent.
State Bank of India (SBI) had 73 per cent of its bad debts from the industry sector, followed by Allahabad Bank at 70 per cent. Only two banks saw the share of industry NPAs at less than 50 per cent — Syndicate Bank and Bank of India at 36 per cent and 49 per cent, respectively.
Andhra Bank, SBI, UBI among top PSU banks with over 70% NPA from industry in FY19 Finance ministry data shows Andhra Bank had highest share of industry bad debts at 86%. UBI and Indian Bank followed at 78% and 74%, respectively.
Reliance Infra wins contract for Versova-Bandra sea link worth Rs 7,000 cr
Godrej Properties (down 2.33 per cent), Mahindra Lifespace Developers (down 1.93 per cent), Sunteck Realty (down 0.57 per cent) and Sobha (down 0.34 per cent) were trading lower.
Shares of Brigade Enterprises (up 1.52 per cent), Indiabulls Real Estate (up 1.40 per cent), DLF (up 1.16 per cent) and Oberoi Realty (up 0.10 per cent) were trading with gains.
HDFC Bank (up 0.23 per cent), Kotak Mahindra Bank (up 0.18 per cent), Punjab National Bank (up 0.13 per cent) and State Bank of India (up 0.13 per cent) too were trading with gains.