Net interest income (NII) grew by 6.5 %, totaling Rs 10,831 crore in Q2, compared to Rs 10,174 crore in the same quarter of the previous year.
Revenue from operations increased 71% year on year (YoY) to Rs 2,848 crore.
Recommendation: Buy; Target Price: Rs 780
In Q2FY24, Titan's consolidated net profit increased by 9.7 % compared to the previous year, driven by a robust revenue growth of 36.7 % year-on-year
A deal is expected to be finalized within a month, according to a November 6 story from the Economic Times.
Recommendation: Add; Target Price: Rs 310
October 2023 saw net FPI selling of $2.5 billion, with banks and IT seeing the bulk of the selling pressure in the month.
Recommendation: Buy; Target Price: Rs 643
Import volumes of key bulk chemicals remained elevated, creating challenges for domestic import substitution products.
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