Bajaj Housing looks well placed to benefit from rising housing demand

Bajaj Housing looks well placed to benefit from rising housing demand

Issue dates: September 09-11, 2024Issue price: Rs 66-70Issue size: Upto Rs 6,560 croreImplied market cap: Upto Rs 58,297 croreFace value: Rs 10Lot size: 214 sharesRetail portion: 35% Bajaj Housing Finance (BHFL), the country’s second largest mortgage lender after LIC Housing Finance, plans to raise Rs 3,560 crore through fresh issue of shares to augment the … Read more

ICICI Bank Q2 results: Net profit jumps six-fold to Rs 4,251 crore; NII rises 16% to Rs 9,366 crore

ICICI Bank Q2 results: Net profit jumps six-fold to Rs 4,251 crore; NII rises 16% to Rs 9,366 crore

NEW DELHI: ICICI Bank on Saturday reported a six-fold jump in its net profit at Rs 4,251 crore for the September quarter. The private lender had reported a profit of Rs 655 crore in the year ago quarter. Net interest income (NII), which is the difference between the interest income a bank earns from its … Read more