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Khushboo Gupta posted a topic in General Money Making Discussions3:30 pm Market Closing: Benchmark indices closed range bound session on a flat note, with the Sensex rising 4.55 points to 28334.25 and the Nifty up 15.15 points at 8793.55. About 1533 shares declined against 1311 advancing shares on the BSE. TCS, Infosys and Wipro gained for third consecutive session, up 0.7-2.9 percent despite rupee gains against US dollar. Adani Ports gained 2.3 percent. SEBI Registered Company in Indore BUY CIPLA 590 PE ABOVE 19.55, Target1- 21.10, Target2- 23.10, StopLoss BELOW 17. However, ITC, ICICI Bank, Lupin, HDFC, Asian Paints and Dr Reddy's Labs were down 0.6-2 percent.
Khushboo Gupta posted a topic in General Money Making DiscussionsIndusInd Bank's net profit in the third quarter was 29.2 per cent to Rs 750.6 crore. IndusInd Bank's net profit in the same period last year was Rs 581 crore. Showing the effect of an increase in profit on bank stocks. IndusInd Bank stock in the course of business increased by 5 per cent. Share Market TipsCurrently IndusInd Bank's stock is trading at Rs 1218.- Thus, IndusInd Bank's stock rose 5%, 29% profit increase Interest income increased by 34.5 per cent 34.5 per cent increase in interest income in the third quarter of IndusInd bank rose to Rs 1578.4 crore. IndusInd Bank in the third quarter of fiscal 2016, interest income was Rs 1173.4 crore. NPAs of the bank rose – October-December quarter, up from 0.90 percent gross NPA IndusInd Bank 0.94 per cent. IndusInd Bank's net NPAs increased to 0.37 percent, while 0.39 per cent. If we look at the NPAs of Rs IndusInd Bank, in the third quarter, the bank's gross NPA to Rs 971.6 crore from Rs 899 crore. IndusInd Bank's net NPA in the October-December quarter from Rs 369.2 crore to 400.7 crore. The bank's deposits increased by 38 per cent 38 per cent of the total deposits in the third quarter IndusInd Bank Rs 1.19 lakh crore. SEBI Registered Company in Indore