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CITI on HDFC Bk

Buy, TP Rs 2000

Reported loan growth of 21% yoy – 1st qtr with loan growth >20% since 1QFY21 & up from 16% yoy reported in 3Q

Sequential growth of 9% qoq is 2nd highest in past decade, leading to loans of Rs13.7tn, 3.5% ahead of est
Morgan Stanley on HDFC Bk

OW. TP Rs 1800

Bank's initial update points to very strong growth in loans & retail deposits, & implies continued market share gains

Loan growth strong in retail & commercial, with big surprise in corporate banking relative to est
#GlobalNews | #SriLanka's Cabinet of Ministers resign with immediate effect, as country faces its worst economic crisis of all time
Deepak Parekh -of HDFC commentary on MEGA MERGER
In case of the amalgamation of the Corporation into and with HDFC Bank, the share exchange ratio shall be 42 equity shares each of HDFC Bank for every 25 fully paid up equity shares each of the Corporation.
RESULTS SEASON IS ONNNN !

TCS Q4 & FY 2022 RESULT ARE OUT !


Catch the details below -
Q4
NP - 9,926 CR.
NP UP 1.6%
REVUENE UP 3.5%
Margin flat at 25%
TCS

FY2022 Highlights :

• Total employee head count: 5,92,195

• Approved final dividend of 22 Rs.

• Attrition rate: 17.4%

• Q4FY22 Employees addition: 35,209

• Indirect employment to many like services in transport, catering and other contract works

A great service to nation, in providing employment to so many 🇮🇳🇮🇳🇮🇳


Jai Hind !
LIC IPO MAY HIT THE MARKETS SOON !
Dear Beloved Members,

As you may be aware that LIC IPO is Officially scheduled to launch on 4th May 2022 and it bidding will close on 9th May 2022,

To apply for LIC IPO, Demat account is being made mandatory by the regulators,

So if you don't have demat account please open the demat account by clicking on below link :
https://upstox.com/open-account/?f=FS7804

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koolsfincon pinned «Dear Beloved Members, As you may be aware that LIC IPO is Officially scheduled to launch on 4th May 2022 and it bidding will close on 9th May 2022, To apply for LIC IPO, Demat account is being made mandatory by the regulators, So if you don't have demat…»
LIC IPO DETAILS
Result SEASON is ONNNN
Earnings Report Card
koolsfincon
LIC IPO DETAILS
LIC IPO Allotment likely today !

Link for checking the shares allotment : https://kcas.kfintech.com/ipostatus

Please Note : Allotment may be released today late evening or tommorow, please be patient till then !