Auto Sector

Net Interest Income was Rs 18,307,9 crore, up 24% from Rs 14,786.8 crore in the same quarter last year.

Strong loan growth, margins could be under pressure.

The Bandhan Nifty Alpha 50 Index Fund is a factor fund that is pegged to an index with quarterly portfolio churn.

Net interest income (NII) climbed to Rs 6,297 crore from Rs 5,099 crore reported in the same quarter of the previous fiscal, a 23.49% increase.

Combined with the larger acquisitions announced in the preceding quarters, they would add 23%, 22% and 10% to the revenue, Ebitda and EPS respectively.

It is recommended as an addition to diet and exercise to enhance glycemic control in persons with type 2 diabetes mellitus.

Analysts of IIFL Capital Services upgrade BSE to BUY (from ADD) and raise their SOTP-based TP to Rs2,000.

EBITDA (before ESOPs) increased to Rs 153 crore in the second quarter from Rs 84 crore in the first.

Analysts of IIFL Capital Services re-instate coverage on CIFC with BUY and TP of Rs1,400 using their RISQ valuation framework.

U.S. West Texas Intermediate crude futures dropped 61 cents to trade at $87.47 per barrel, while Brent crude futures dropped 60 cents to $91.56 a barrel.