Monday 16 April 2018

Stock Market Trading Tips-Sensex up 100 pts, Nifty above 10,500; HDFC twins, ITC extend gains

Private sector lender DCB Bank share price rallied more than 5 percent after reporting good earnings growth and improvement in asset quality performance.
Net profit for the March quarter grew by 21.5 percent to Rs 64.2 crore and net interest income grew by 19.7 percent to Rs 263.7 crore compared to year-ago.

Operating profit increased 23 percent to Rs 142 crore from Rs 115 crore on year-on-year basis.
Gross non-performing assets improved to 1.79 percent in Q4FY18 from 1.89 percent in Q3FY18 and net NPA also improved to 0.72 percent from 0.87 percent on sequential basis.
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1 comment:

  1. Domestic indices Sensex and Nifty edged lower on Tuesday and fell 0.45% each by the closing bell today. BSE Sensex closed 181 points lower at 41,461 and NSE Nifty ended 50 points lower to 12,212.
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