Net Interest Income was Rs 18,307,9 crore, up 24% from Rs 14,786.8 crore in the same quarter last year.
Adani Power, despite not initially expressing interest, entered into a partnership with Dickey Alternative to submit a joint resolution plan.
Recommendation: Reduce; Target Price: Rs 2050
The Bandhan Nifty Alpha 50 Index Fund is a factor fund that is pegged to an index with quarterly portfolio churn.
The project, which is situated in Achegaon, Maharashtra, would produce about 27.5 million units (MUs) of renewable energy every year.
Recommendation: Reduce; Target Price: Rs 755
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.
Recommendation: Buy; Target Price: Rs 300
Sequentially, net profit increases by 12.01%. In the April through June period of the current fiscal year, L&T Finance Holdings' combined net profit was Rs 530.93 crore.
Strong loan growth, margins could be under pressure.
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