ICICI LOMBARD GENERAL INSURANCE COMPANY LTD Q3 RESULTS
Tata Steel Q4 preview: PAT may fall up to 46% YoY on revenue decline; European operations in focus
Tata Steel will announce its Q4FY25 earnings on Monday, May 12, 2025, and it is expected to report a net profit fall of 18%-46% on a year-on-year basis, according to estimates given by four brokerages. The bottom line range is seen between Rs 459 crore and Rs 1,399 crore.
Health and general insurance claim settlement: 5 fastest and 5 slowest insurers to settle claims within 3 months
IRDAI's 2023-24 handbook on Indian insurance statistics reveals the claim settlement performance of all Indian insurers. Navi recorded the highest claim settlement ratio at 99.97%, while Acko also showed impressive speed. However, correspondingly, their incurred claims ratios vary significantly, raising questions about claim payouts versus premiums collected. Stand-alone health insurers like Star Health have lower claim settlement and incurred claims ratios, emphasizing the need for comprehensive policy evaluation.
Japan's SMBC to take 20% stake in India's Yes Bank
Sumitomo Mitsui Banking Corporation (SMBC) is set to acquire a 20% stake in Yes Bank, marking the largest cross-border M&A deal in India's financial sector. SMBC will purchase shares from State Bank of India (SBI), reducing SBI's stake, and from other major Indian banks including Axis Bank, HDFC Bank and ICICI Bank.
DII holdings in Nifty 50 surge to a record high of 23.6%. Axis Bank among top 5 choices
Domestic institutional investors raised their Nifty-50 holdings to an all-time high of 23.6% in March 2025, while foreign institutional investors reduced stakes for the fourth straight quarter across most Nifty-500 stocks.
PSU banks attract strong FII, DII interest as promoters reduce exposure: Motilal Oswal
Public Sector Undertaking banks are now favourites. Foreign Institutional Investors and Domestic Institutional Investors are showing increased interest. FII stakes in PSU companies rose to 18.1% by March 2025. DII stakes also hit a high of 18.8%. FIIs reduced exposure in private companies. DII holdings in private companies increased. BFSI is a key sector for FIIs.
Hold Polycab India, target price Rs 6,150: ICICI Securities
ICICI Securities maintains a Hold call on Polycab India, setting a target price of Rs 6150. The company's Q4FY25 financials reveal a significant surge in consolidated total income and net profit. Strong performance in the FMEG portfolio and cables & wires segment drove growth, while the company gained market share in the domestic organized cables and wires industry.
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I-Sec maintains Buy on Kotak Mahindra Bank, revises target price to Rs 2,500
ICICI Securities has a Buy call on Kotak Mahindra Bank, setting a target price of Rs 2,500. The bank's Q4FY25 financials revealed a consolidated total income of Rs 27174.42 crore. While business and NII growth were weaker than expected, strong other income boosted PAT. Advances growth moderated, but asset quality remained comfortable.
India's Q4 earnings fare better than expected, but downgrades outstrip upgrades: Motilal Oswal
Indian companies have shown strong earnings for the March 2025 quarter. Metals, technology, BFSI, and oil & gas sectors performed well. However, future earnings estimates are being lowered more often than raised. Motilal Oswal remains cautious despite the positive results. They prefer large-cap and domestic-focused sectors. Near-term market volatility is expected due to global factors.
Paytm shares rally over 5% after Q4 loss narrows
Paytm's parent company, One97 Communications, saw shares rise after reporting a narrower consolidated net loss of Rs 540 crore for Q4FY25, despite exceptional items. Revenue declined 16% year-on-year but increased sequentially. The company anticipates potential policy clarity around merchant discount rates on UPI, which could offer incremental monetization opportunities.
ETMarkets Smart Talk | Is gold the new growth asset? 3 reasons why yellow metal rose 28% in 4 months: Ajit Banerjee
We are all aware markets do not like uncertainty of any type, and by nature, it is forward-looking. Hence, it reacts either positively or negatively depending upon the underlying developments.
These 8 banking stocks can give more than 29% returns in 1 year, according to analysts
Clearly, the market is in stock-specific mode. A large PSU bank, an outperformer for some time, took a hit on Tuesday as its Q4 results did not match up to the street’s expectations. But it did not lead to an all-around decline in banking stocks. Now, everything has to be seen in a context. Banking stocks have been outperforming the bearish phase of the market for the last four months. So there is bound to more than the usual pressure if there is a slight disappointment.
Is Elon Musk eyeing number one status in AI race? Check Tesla boss' latest big artificial intelligence move
Elon Musk's AI firm xAI has been taking big steps as the competition in the artificial intelligence sector toughens.
Eternal sees sharpest EPS cut among Nifty50 companies in April
April saw EPS downgrades for 70% of Nifty50 firms, led by Zomato with a 15.1% cut. IT, consumer, and auto sectors faced sharp estimate reductions. Despite strong Q4 beat-miss ratios, FY26 forecasts declined due to global headwinds and underperformance in IT, FMCG, and financials.
ICICI Securities downgrades Bandhan Bank to Add, target price Rs 185
ICICI Securities downgrades Bandhan Bank to 'Add' with a target price of Rs 185, citing muted Q4FY25 PAT and moderating NIM. While the bank's capital buffer is strong and secured lending strategy is appreciated, NIM pressure and rising opex are expected to limit profitability growth in the near term. Credit costs are anticipated to improve in H2FY26.
Cyient shares in focus as U.S. unit hit with $26,780 IRS penalty
Cyient Limited faces scrutiny as its American branch, Cyient Incorporated, receives a penalty. The Internal Revenue Service issued the order. It relates to alleged non-compliance with the Affordable Care Act. Cyient is challenging the decision. The company reported a profit jump in Q4. However, revenue saw a slight dip. Technical indicators for Cyient stock present a mixed outlook.
I-Sec maintains Buy on Vedanta, lowers target price to Rs 575
ICICI Securities maintains a Buy call on Vedanta, revising the target price to Rs 575. Q4FY25 EBITDA rose 31% YoY, driven by higher volumes and cost savings. The brokerage anticipates 18.6% YoY EBITDA growth in FY26E, fueled by cost initiatives, increased volumes, and improved performance in oil & gas and power divisions.
CDSL Q4 results: PAT declines 22% YoY, revenues fall by 7%
CDSL reported a 22% YoY decline in PAT to Rs 100.39 crore for Q3FY25, with revenue from operations dipping 6.7% YoY to Rs 224.45 crore. The board has recommended a final dividend of Rs 12.50 per share. While depository activity revenue saw a slight decrease, data entry and storage revenue experienced a sharp decline.
Buy Adani Green Energy, target price Rs 1,150: ICICI Securities
ICICI Securities recommends buying Adani Green Energy shares. The target price is Rs 1,150. Adani Green Energy reported strong Q4FY25 results. Revenue reached Rs 27 billion, up 31% year-on-year. EBITDA also increased by 31% to Rs 24 billion. Profit stood at Rs 3.9 billion, a 25% rise. The company commissioned 2.6GW capacity in Q4FY25.
5 stocks with consistent score improvement and return potential of more than 43% in 1 year
At this juncture in the market, it is important to look at the macro picture of the sector and the Q4 numbers of the company before making investment decisions. If there is a decline in Q4 performance with no logical reason for the decline, stay away from the stock. Now, what do we mean by “logical reason”? For example, there are some sectors where, cyclically, Q4 results are bound to be bad. So, there is a logical reason for the poor results. When there is no such reason, it’s a red flag. Our selected stocks for today depict a strong upward trajectory in their overall average score which is based on five key pillars: Earnings, fundamentals, relative valuation, risk, and price momentum. This implies that there has been a significant improvement in their market outlook in the given time frame.
Marico recommends Rs 7 dividend. Check record, payment date
Marico's board has proposed a final dividend of Rs 7 per share for FY25, pending shareholder approval at the AGM. The record date is set for August 1, 2025, with payment expected by September 7, 2025. This follows an interim dividend of Rs 3.50, bringing the total FY25 dividend to Rs 10.50 per share.
2 top stock recommendations from CA Rudramurthy BV
Wait for any dip in index to buy the dip and I am very bullish on this market for medium to longer term, having seen this big move happening in very short term about 2,700 point Nifty move has happened just in the 10 to 12 trading session, so now we are seeing some time-wise consolidation and use any dip in market to definitely buy.
Reaction to Bajaj Finance and Shriram Finance an opportunity? 6 stocks in the financial sector with upside potential of over 30%
Headlines in the last two days were all about two long-term wealth creators witnessing a sharp decline because their Q4 numbers were below estimates. The headlines don’t tell us why. Nor do they tell us that these stocks were outperformers in the last three months of correction. So, some profit-booking is only to be expected. Check out Stock Reports Plus, powered by Refinitiv, for price targets of over 4,000 listed stocks along with detailed company analysis focusing on five key components - earnings, fundamentals, relative valuation, risk and price momentum to generate standardized scores. SR+ Reports is a complimentary offering to ETPrime members.
Q4 results today: Vedanta, Adani Power among 52 companies to announce earnings on Wednesday
Apart from the above Federal Bank, Forbes & Company, Go Fashion (India), Godrej Agrovet, Greaves Cotton, Orient Green Power Company among others will also declare their results.
Bajaj Finserv Q4 Results: Cons PAT jumps 14% YoY to Rs 2,417 crore, revenue up 14%; Re 1 dividend declared
Bajaj Finserv Q4 Results: Bajaj Finserv on Tuesday reported a 14% jump in its Q4FY25 net profit to Rs 2,417 crore versus Rs 2,119 crore reported in the year ago period. The company's revenue in the March-ended quarter stood at Rs 36,595 crore, which was up 14% year-on-year versus Rs 32,041 crore in the corresponding quarter of the last financial year.
Dailyhunt parent faces audit heat; Go Digit Q4 results
Audit firm Deloitte has raised multiple red flags over Dailyhunt parent’s internal controls. This and more in today’s ETtech Top 5.
Why your EV insurance premium is costlier and features you must have in EV motor insurance policy
Electric vehicle insurance premiums are notably higher than those for traditional cars due to EVs' higher purchase prices and costly battery replacements. Specialized parts, the need for trained technicians, and limited repair networks further contribute to increased costs. Comprehensive policies with battery protection, zero depreciation, and roadside assistance are crucial for EV owners to mitigate potential financial burdens.
JM Financial maintains Buy on ICICI Lombard General Insurance, lowers target price to Rs 2,150
JM Financial maintains a Buy call on ICICI Lombard, reducing the target price to Rs 2,150. The brokerage anticipates EPS growth and upward revisions as IFRS numbers are discussed. Despite a slight EPS reduction for FY26e/FY27e, the firm values the company at 32x FY27e EPS, citing inexpensive valuations for the market leader.
ICICI Lombard shares slip 4% as Q4 profit dips 2% to Rs 510 crore
ICICI Lombard witnessed a slight dip in net profit, reporting Rs 510 crore for the quarter ended March 31, despite a rise in total income and gross direct premium income. The board recommended a final dividend of Rs 7 per share.
ICICI Lombard profit slips, gross premium income up
Gross direct premium income (GDPI) rose 2.3% on year to ₹6,211 crore in Q4, outpacing industry growth of 1.7%. However, due to a change in accounting norms for long-term products effective October 2024, the full-year numbers are not strictly comparable, the company said. On the fire side, the company is expecting double-digit growth for the industry.
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