Shares of One97 Communications, Paytm’s parent firm, faced some turbulence on the stock market on Monday after the company reported its second quarter financial results. The company reported a 64 per cent year-on-year rise in revenue, while net loss widened by 8 per cent to Rs 473 crore. Though the…
Shares of ICICI Bank hit a record high on Monday as it rallied nearly 13 per cent on the stock market. ICICI Bank’s stock hit an all-time high of Rs 859 on the stock market in early trade after the lender reported a nearly 30 per cent jump in net profit while announcing second quarter results. The bank’s shares…
Private sector lender IndusInd Bank on Tuesday said it has posted a 10 per cent growth in advances at Rs 2,21,821 crore for the second quarter ended September 30. Net advances stood at Rs 2,01,247 crore at the end of the second quarter of the last financial year, IndusInd Bank said in a regulatory filing. The bank’s…