Buzzing stocks of today
- ICICI today shown drastic growth of 8.91%
- The reason behind this significant change is that the bank has shown good results for the quarter Jan-March
- It has achieved 5 fold profit of 2082.75 crore for marchQ4 quarter against the Dec quarter which was 406.71 crore
- 189% increase in standalone profit after tax from 702 crore (US$ 108 million) for the quarter ended March 31, 2016 (Q4-2016) to 2,025 crore (US$ 312 million) for the quarter ended March 31, 2017 (Q4-2017)
- There is 14% year-on-year growth in domestic advances
- Net interest income increased by 10% on a year-on-year basis to 5,962
crore in the quarter ended March 31, 2017 (Q4-2017)
from 5,404 crore in the quarter ended March 31, 2016
(Q4-2016)
- Fee income increased by 11% on a year-on-year basis to ₹ 2,446 crore
(US$ 377 million) in Q4-2017 from ₹ 2,212 crore (US$ 341 million) in Q4-
2016.
- The Board Meeting held on 3rd may ,2017 board members recommended a dividend of Rs.100 per preference shares of the face value of Rs.1 crore each
- one negative impact is Gross NPAs rose to 7.89 per cent but the bank believes that NPA will be reduced in FY18
- V-Mart Retail Limited retails readymade garments and accessories.
- It offers products across three verticals, which include apparel, general merchandise (non-apparel and home mart) and kirana bazaar. It provides a range of apparels and accessories for men, women, boys, girls and toddlers. Its general merchandise includes footwear, home furnishing, kitchenware, toys and games, bags and luggage, and crockery.
- V-mart Retail net profit is jumped to 5crore and 40.72% rise in total income which is 252.58 crore in march Q4.
- The stock is open at 1,015.35 and it has touched 5.93% rise till now
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