Maha Kumbh Mela 2025: Insurance plans launched by PhonePe for devotees, attendees

Maha Kumbh Mela 2025: Insurance plans launched by PhonePe for devotees, attendees

Maha Kumbh Mela: PhonePe has launched a unique insurance plan specifically for travelers attending the Maha Kumbh Mela in Prayagraj, Uttar Pradesh. The Maha Kumbh Mela, known as the largest religious gathering in the world and taking place once every 12 years, will take place from January 13 to February 26, 2025. The insurance plan, … Read more

Q2 results today: Jio Financial, Tata Consumer among 44 companies to announce earnings on Friday

Q2 results today: Jio Financial, Tata Consumer among 44 companies to announce earnings on Friday

The second quarter earnings season is underway and 44 companies will announce their numbers for the July-September 2024 period on Friday. Key results to watch out include from Jio Financial, Tata Consumer, ICICI Lombard and ZEEL. Apart from the above, Advik Capital, Best Agrolife, Duncan Engineering, Hindustan Zinc, Indostar Capital, Manba Finance, L&T Finance, Roselabs … Read more

Will the upswing continue in real estate stocks? Sandip Sabharwal explains

Will the upswing continue in real estate stocks? Sandip Sabharwal explains

“Non-life insurance space has been growing decently, especially the growth shown by companies like ICICI Lombard, etc, have been quite strong and that is also reflected in the stock price movements. Non-life has been doing better than life. And I think vis-à-vis the two spaces I think that is the better space to be in,” … Read more

Amfi stock classification: BHEL, 6 more stocks to become largecaps in H2CY2024. Check m-cap cut-off

Amfi stock classification: BHEL, 6 more stocks to become largecaps in H2CY2024. Check m-cap cut-off

The average market capitalisation cut-off for a stock to make it to the largecap category in the upcoming Amfi semi-annual categorisation is expected to be Rs 84,000 crore compared to an average of Rs 67,000 crore in the six months ending December 2023, Nuvama said in a note. Meanwhile, the midcap threshold is likely to … Read more

Hot Stocks: Brokerage view on ICICI Lombard, LTI MindTree, HDFC Bank and Maruti Suzuki

Hot Stocks: Brokerage view on ICICI Lombard, LTI MindTree, HDFC Bank and Maruti Suzuki

Brokerage firm Bernstein maintained an outperform rating on Maruti Suzuki and HDFC Bank. Macquarie recommended an outperform rating on LTI MindTree and HSBC has a buy rating on ICICI Lombard. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Bernstein on Maruti Suzuki: Outperform| Target Rs 14,400 Bernstein … Read more

Corporate actions this week: Infosys, LTIMindtree to go ex-dividend, Shri Venkatesh Refineries ex-bonus and more

Corporate actions this week: Infosys, LTIMindtree to go ex-dividend, Shri Venkatesh Refineries ex-bonus and more

There are a host of corporate actions scheduled for this week. Infosys, ICICI Lombard, LTTS and LTIMindtree will trade dividends, while Jay Bharat Maruti will trade ex-split. Whereas, shares of three companies — Krishana Phoschem, Maruti Interior Products and Shri Venkatesh Refineries — will trade ex-bonus this week. Shares of Geekay Wires (Rs 10 to … Read more

ICICI Bank gets RBI nod to increase up to 4% stake in subsidiary ICICI Lombard

ICICI Bank gets RBI nod to increase up to 4% stake in subsidiary ICICI Lombard

ICICI Bank received approval from the Reserve Bank of India (RBI) to raise its stake in ICICI Lombard General Insurance Company by up to 4% in multiple tranches. The private lender currently holds a 48.01% share in ICICI Lombard. The second-largest private bank received the RBI nod on Friday, it said in a filing to … Read more

Hot Stocks: Brokerage view on IndusInd Bank, Titagarh Wagon, Polycab and ICICI Lombard

Hot Stocks: Brokerage view on IndusInd Bank, Titagarh Wagon, Polycab and ICICI Lombard

Brokerage firm Goldman Sachs maintained a buy rating on IndusInd Bank, HSBC initiated coverage on Titagarh Wagons with a buy rating, Jefferies recommended a buy on Polycab and CLSA maintained a buy rating on ICICI Lombard. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Goldman Sachs on … Read more

ICICI Lombard Q1 Results: Net profit rises 12% YoY to Rs 390 crore

ICICI Lombard Q1 Results: Net profit rises 12% YoY to Rs 390 crore

ICICI Lombard on Tuesday reported a 12% year-on-year increase in net profit to Rs 390 crore for the first quarter ended June. The company had posted a net profit of Rs 349 crore in the year-ago period. The company has clocked an operating profit of Rs 331 crore during the June quarter, up 4% from … Read more