Category: Business

This auto stock has returned more than 50% in 2017 so far, HDFC Securities rates as ‘Neutral’

Shares of Bharat Forge have returned more than 50% since the beginning of 2017 so far. The research and brokerage firm HDFC Securities rated the stock as ‘Neutral’. The Pune-based auto component manufacturer Bharat Forge yesterday reported a 60.54% jump in its standalone net profit at Rs 203.72 crore for the July-September quarter on account […]

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YES Bank dips 10% on weak asset quality performance in Q2

YES Bank dipped 10% to Rs 299 on the BSE in early morning trade after the private sector lender saw significant weakening of its asset quality in September 2017 quarter (Q2FY18). The bank’s gross non-performing assets (GNPA) ratio rose to 1.82% in Q2FY18 from 0.97% in June quarter (Q1FY18), while Net NPA rose to 1.04% […]

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