According to an ETIG analysis, a sample of 29 banks reported record quarterly aggregate PAT of ₹72,646.5 crore and PPOP of ₹1,29,241.7 crore for the June 2023 quarter. On a year-on-year basis, net profit shot up by ₹67.8% while PPOP grew by 42.3%. Majority of the banks in the sample reported a robust double-digit growth in PPOP and PAT.
Molbio Diagnostics shares rally 9% as Jefferies initiates ‘high conviction top pick’ call for recently listed stock. Why is it bullish?
Molbio Diagnostics shares jumped after Jefferies initiated coverage with a Buy rating and named it a high-conviction top pick. The brokerage set a Rs 1,600