Stocks to Watch: ICICI Bank, Tech Mahindra, Shree Cements, Cipla, Vedanta
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Devansh Sharma from livemint said that ICICI Bank reported a 17.73 % jump in its December quarter consolidated net profit to ₹5,498.15 crore, helped by higher core income but experienced a surge in bad assets from its retail loans
NEW DELHI : With just a few hours to go before finance minister Nirmala Sitharaman announces the Union Budget for fiscal 2022, here’s a list of stocks that maybe in focus today:
ICICI Bank: The Mumbai-headquartered lender on Saturday reported a 17.73 % jump in its December quarter consolidated net profit to ₹5,498.15 crore, helped by a jump in core income but experienced a surge in bad assets from its retail loans. On a standalone basis, ICICI Bank showed a 19.12% rise in the post-tax profit to ₹4,939.59 crore for the reporting quarter, up from ₹4,146.46 crore in the October-December 2019 period.
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