Latest news with #OpeningBell
Mint
5 days ago
- Business
- Mint
Jio Financial Services Q1 results 2025 out. Should you buy this Mukesh Ambani-owned stock?
Jio Financial Services Q1 results 2025 review: Mukesh Ambani-owned Jio Financial Services declared its Q1 results 2025 on Thursday after the market hours. So, Jio Financial shares are expected to remain in focus once the Indian stock market opens for trade on Friday. According to stock market experts, Jio Financial Services has delivered a firm Q1FY26 number and the stock is expected to come under the bulls' radar in the Opening Bell. They said that Jio Financial Services share price may touch ₹ 340 to ₹ 350, if bulls outperform bears in the upcoming session. Speaking on the Jio Financial Services Q1 results 2025, Seema Srivastava, Senior Research Analyst at SMC Global Securities, said, "Jio Financial Services Limited (JFSL) delivered a strong performance in Q1 FY26, with consolidated total income rising 48% YoY to ₹ 619 crore, driven by robust growth across its diversified business segments. Notably, Net Income from Business surged nearly 4x YoY to ₹ . 219 crore, contributing about 40% of total net income, reflecting improved core operating efficiency. The company's Profit After Tax stood at ₹ . 325 crore, growing 4% YoY, while Pre-Provisioning Operating Profit rose 8% YoY to ₹ . 366 crore, indicating disciplined cost management. The standout performer was Jio Credit Limited (JCL), whose AUM skyrocketed to ₹ . 11,665 crore from just ₹ . 217 crore a year ago, aided by a credit-conscious approach and successful market borrowings at competitive rates." "In asset management, JioBlackRock crossed ₹ . 17,800 crore in AUM within days of launch, placing it among India's top 15 fund houses by debt AUM. The Payments Bank subsidiary became wholly owned after acquiring SBI's stake, expanding its customer base to 2.58 million, and entering toll processing via NHAI empanelment. The JioFinance app recorded 8.1 million monthly active users, supported by a fast-growing network of over 50,000 business correspondents. The company also made strategic technological advances, deploying AI-driven customer insights and personalisation capabilities," said Seema Srivastava of SMC Global Securities. Seema Srivastava, a certified Chartered Accountant (CA), also said that JFSL demonstrated healthy growth, prudent risk management, and scalable digital-first operations, positioning itself as a rising force in India's financial services ecosystem. With strong capital backing and strategic expansion into asset management, lending, payments, and broking, JFSL is well placed for sustainable, multi-vertical growth. Expecting a strong opening for the Jio Financial Services shares, Sumeet Bagadia, Executive Director at Choice Broking, said, "Jio Financial Services shares are looking positive on the technical chart pattern. The Reliance Group stock trades in the ₹ 300 to ₹ 350 range. The scrip may become highly bullish once it breaks above ₹ 350 on a closing basis." On suggestion to investors regarding Jio Financial Services shares, Sumeet Bagadia said, 'Jio Financial Services shareholders are advised to hold the scrip for the short-term target of ₹ 340 to ₹ 350, maintaining stop loss at ₹ 300. Fresh investors may also initiate fresh buying for the short-term target of ₹ 340 to ₹ 350, maintaining stop loss at ₹ 300 apiece levels.' Disclaimer: The views and recommendations made above are those of individual analysts or brokerage companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Malaysian Reserve
6 days ago
- Business
- Malaysian Reserve
LIVE FEED: DISNEY CEO BOB IGER TO RING NYSE OPENING BELL FROM DISNEYLAND RESORT
NEW YORK, July 16, 2025 /PRNewswire/ — On Thursday morning, the New York Stock Exchange will provide a live broadcast of Disney CEO Bob Iger ringing the NYSE Opening Bell from Disneyland Resort in Anaheim, California, in celebration of Disneyland's 70th anniversary. NYSE President Lynn Martin will join Mr. Iger to commemorate the occasion. When:Thursday, July 17, 20259:28 a.m. ET Live feed opens9:30 a.m. ET Opening Bell rings9:31 a.m. ET Live feed closes Live Feed:The live feed will be available via Encompass 4090 and The Switch. Additional requests should be made through the NYSE Broadcast Center at NYSETV@ or 212.656.5483. Live Stream:The live feed also will be streamed on the NYSE's channels on X, LinkedIn and YouTube. Logo – View original content:
Yahoo
6 days ago
- Business
- Yahoo
LIVE FEED: DISNEY CEO BOB IGER TO RING NYSE OPENING BELL FROM DISNEYLAND RESORT
NEW YORK, July 17, 2025 /PRNewswire/ -- On Thursday morning, the New York Stock Exchange will provide a live broadcast of Disney CEO Bob Iger ringing the NYSE Opening Bell from Disneyland Resort in Anaheim, California, in celebration of Disneyland's 70th anniversary. NYSE President Lynn Martin will join Mr. Iger to commemorate the occasion. When:Thursday, July 17, 20259:28 a.m. ET Live feed opens9:30 a.m. ET Opening Bell rings9:31 a.m. ET Live feed closes Live Feed:The live feed will be available via Encompass 4090 and The Switch. Additional requests should be made through the NYSE Broadcast Center at NYSETV@ or 212.656.5483. Live Stream:The live feed also will be streamed on the NYSE's channels on X, LinkedIn and YouTube. View original content: SOURCE New York Stock Exchange Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mint
15-07-2025
- Business
- Mint
HCL Tech share price dips after Q1 results 2025. More pain ahead?
HCL Technologies share price: After the announcement of HCL Technologies' Q1 results 2025 on Monday, the HCL Tech share price witnessed strong selling pressure during the Opening Bell on Tuesday. Today, the HCL Tech share price opened with a downside gap at ₹ 1,590 apiece on the NSE and touched an intraday low of ₹ 1,568.30 per share in the early morning deals, recording nearly 3 per cent dip against its previous day's close of ₹ 1,619.80 apiece on the NSE. According to stock market experts, HCL Technologies Q1 results 2025 is disappointing as the Indian IT giant reported a 10 per cent YoY decline in net profit, whereas its operating margins also got compressed. However, the company management has expressed sharp recovery in the July to September 2025 quarter. They said that HCL Tech shares have a strong base at ₹ 1,500, and the IT stock is facing resistance at ₹ 1,700. They advised investors to maintain a buy-on-dips strategy until the HCL Tech share price is above ₹ 1,500. Speaking on HCL Technologies results, Seema Srivastava, Senior Research Analyst at SMC Global Securities, said, 'HCL Tech's Q1 FY26 results reflect ongoing macroeconomic challenges and industry headwinds, with a 10% year-on-year decline in net profit to ₹ 3,843 crore, despite an 8.2% growth in revenue to ₹ 30,349 crore. The fall in profitability is largely attributed to lower utilisation rates and strategic investments in generative AI and go-to-market (GTM) initiatives. Operating margins compressed to 16.3%, down 160 bps sequentially, prompting the company to revise its FY26 margin guidance downward to 17–18% from 18–19% earlier. Revenue growth guidance was modestly raised to 3–5% in constant currency, reflecting cautious optimism amid a subdued demand environment. Additionally, net new deal wins dropped to $1.81 billion from $3 billion in the previous quarter due to procedural delays in large deal closures, although management expects a recovery in Q2.' 'Despite the near-term pressure on profitability and deal momentum, the company continues to emphasise long-term growth, especially in AI-driven services. CEO C Vijayakumar highlighted stable demand conditions and a healthy pipeline, with AI propositions gaining traction, aided by its OpenAI partnership. Strong cash flow metrics (OCF/NI at 129% and FCF/NI at 121%) and an improving return on invested capital (ROIC of 38.1%) underscore operational efficiency. The interim dividend of ₹ 12 per share reflects sustained shareholder commitment,' the SMC Global Securities expert added. Advising investors to buy in this dip, Sumeet Bagadia, Executive Director at Choice Broking, said, 'HCL Tech shares have strong support placed at ₹ 1,500, whereas it is facing a hurdle at ₹ 1,700. On the technical chart, the stock looms positive and one can initiate a buy-on-dips strategy and keep adding until the stock is above ₹ 1,500 for the short-term target of ₹ 1,700.' (This is a developing story. Please refresh for more updates) Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
CNBC
09-07-2025
- Business
- CNBC
Opening Bell: July 9, 2025
Watch the Opening Bell at the Nasdaq and New York Stock Exchange on July 9, 2025.
