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Mint
2 hours ago
- Business
- Mint
IDBI Bank share price inches higher after Q1 results. Should you buy?
IDBI Bank share price inched higher on Tuesday after the lender reported its Q1 results, with steady profit growth and improvement in asset quality. IDBI Bank shares gained as much as 1.07% to ₹ 98.30 apiece on the BSE. IDBI Bank reported a standalone net profit of ₹ 2,007 crore for the quarter ended June of FY26, registering a growth of 17% from ₹ 1,719 crore in the year-ago quarter. The banks' operating profit in Q1FY26 increased 13% to ₹ 2,354 crore from ₹ 2,075.5 crore, year-on-year (YoY). Net interest income (NII) during the June quarter fell to ₹ 3,166 crore from ₹ 3,233 crore, YoY, while net interest margin (NIM) dropped 50 bps to 3.68% from 4.18% YoY. Asset quality of the bank showed robust improvement as gross non-performing assets (GNPA) ratio improved to 2.93% from 3.87%, while net NPAs ratio was at 0.21% versus 0.23%, YoY. The Provision Coverage Ratio remained high at 99.31%, providing a firm cushion against potential stress. Total business expanded by 8% YoY to ₹ 5.08 lakh crore, with deposits growing 7% and net advances rising 9%. Seema Srivastava, Senior Research Analyst at SMC Global Securities said that IDBI Bank delivered a stable financial performance in Q1 FY26, reflecting steady earnings growth and continued improvement in asset quality. She noted that the retail loans formed 70% of the total advances, indicating a conservative and granular lending strategy. The CASA ratio moderated to 44.65% from 48.57%, reflecting a shift toward higher-cost term deposits in a tighter liquidity environment. 'The bank's capital adequacy remained among the highest in the sector, with CRAR at 25.39% and Tier 1 capital at 23.71%, positioning it well for future growth. Return on Assets (ROA) improved to 2.01%, while Return on Equity (ROE) stood at 17.91%, reflecting improved operational efficiency,' Srivastava said. IDBI Bank continues to reinforce its transformation journey with a strong balance sheet and improved profitability, she added. IDBI Bank share price has gained 7% in one month and 13% in three months. The stock has rallied 22% in six months and risen 26% on a year-to-date (YTD) basis. IDBI Bank share price has jumped 69% in two years and has delivered strong returns of 150% over the past five years. At 10:20 AM, IDBI Bank share price was trading 0.15% lower at ₹ 97.10 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
4 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.
Time of India
5 days ago
- Automotive
- Time of India
Igarashi Motors Hits Bullish Zone Above 200-DMA; Target ₹660, Says Shitij Gandhi
'At the current juncture, fresh bullish momentum is building as the Igarashi Motors stock trades above its 200-day exponential moving average, accompanied by a breakout above the ascending triangle pattern. Traders can buy for a target of Rs 650 in the next 5-7 weeks,' Shitij Gandhi, Senior Technical Analyst, SMC Global Securities, said Show more Show less
Mint
10-07-2025
- Business
- Mint
TCS share price: Is this a stock to buy after Q1 results 2025?
TCS Q1 Results: Tata Consultancy Services (TCS) on Thursday, 10 July 2025, announced its first quarter results for the financial year 2025-26. Experts believe that the shares of the largest IT company in India have a chance of hitting ₹ 3,580 levels after a positive market reaction fueled by the Q1 results. According to the exchange filings, the company's net profits rose 6% to ₹ 12,760 crore for the April to June quarter of the financial year 2025-26, compared year-on-year (YoY) with ₹ 12,040 crore in the same quarter a year ago. TCS's consolidated revenue from operations also rose 1.3% to ₹ 63,437 crore in the first quarter, compared to ₹ 62,613 crore in the same quarter of the previous financial year. The IT major also announced an interim dividend issue of ₹ 11 per share with a face value of Re 1 apiece to investors along with its quarterly results for the April-June quarter. However, on the salary hike front, the company did not announce any plans to increase employee wages. Seema Srivastava, Senior Research Analyst at SMC Global Securities, highlighted how TCS is showing resilience amid macroeconomic headwinds, with the net profits rising for the quarter. 'Tata Consultancy Services (TCS) share price delivered a steady performance in Q1 FY26, showcasing resilience amid macroeconomic headwinds. Revenue rose to ₹ 63,437 crore, a 1.3% YoY increase, though it declined 3.1% in constant currency. Net income climbed 6% YoY to ₹ 12,760 crore, with a net margin of 20.1% and an improved operating margin of 24.5%. It declared a dividend of ₹ 11 per share,' said Srivastava. 'The Total Contract Value (TCV) of $9.4 billion indicates healthy client traction in AI, cloud, and cybersecurity. Growth was led by AI & Data (including WisdomNext™), TCS Interactive, and Cyber Defence Suite. Sector-wise, Energy & Utilities (+2.8%) and Technology Services (+1.8%) showed resilience, while Life Sciences (-9.6%) and India (-21.7%) saw significant declines. MEA, Asia Pacific, and Latin America posted healthy growth,' highlighted the stock market expert. 'On the talent and operations front, TCS added 6,071 employees YoY, bringing its total headcount to 613,069. Learning and development remained a priority, with associates logging 15 million learning hours and over 114,000 gaining advanced AI skills. Attrition dropped to 13.8%, indicating rising workforce stability. TCS strengthened its global client base through strategic partnerships with IBM (quantum computing), ICICI Securities, Virgin Atlantic, Kingfisher Plc, and Jazeera Airways. It also launched new offerings such as DigiBOLT™, SovereignSecure™ Cloud, and expanded its AI ecosystem. With 8,987 patent applications and numerous global recognitions, TCS reinforced its position as a tech innovation leader focused on sustainable, future-ready growth,' said Seema Srivastava. Anshul Jain, the Head of Research at Lakshmishree Investment, said that the shares of TCS have been trading at a 'tight' range of ₹ 3,580 to ₹ 3,360 and are expected to bounce towards the top of the range at ₹ 3,580 if they hold above the ₹ 3,360 mark. 'For the past 11 weeks, the TCS share price has been trading in a tight range of ₹ 3,580 to ₹ 3,360, with clear support and resistance levels shaping the structure. A decisive breakdown below ₹ 3,360 will confirm a range breakdown, potentially dragging the stock lower to test the ₹ 3,250 zone. An adverse reaction to its results could act as the catalyst for such a move. Conversely, if TCS shares hold above ₹ 3,360, a bounce back towards the top range at ₹ 3,580 remains highly likely,' said Jain. Tata Consultancy Services (TCS) shares closed 0.06% lower at ₹ 3,382.30 after Thursday's stock market session, compared to ₹ 3,384.35 at the previous market close. The company announced its results after market hours on 10 July 2025. TCS shares have given stock market investors more than 52% returns in the last five years. However, the stock has lost 13.15% in the last one-year period. On a year-to-date (YTD) basis, the stock is down 17.45% in 2025 and is trading 0.13% lower in the last three stock market sessions. The shares of the IT major hit their 52-week high level at ₹ 4,585.90 on 2 September 2025, while the 52-week low level was at ₹ 3,060.25 on 7 April 2025, according to the BSE data. The company's market capitalisation was at over ₹ 12.2 lakh crore as of the stock market close on 10 July 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
Mint
10-07-2025
- Business
- Mint
TCS share price: Is this a stock to buy ahead of Q1 results 2025, dividend announcement?
TCS share price: The board of directors of Tata Consultancy Services (TCS) has fixed its meeting on 10 July 2025 to consider and approve Q1 results 2025. The TCS board members will also consider the proposal for the first interim dividend for its shareholders, which will be payable during the financial year 2025-26. So, the TCS share price will remain in focus during the Thursday session. According to stock market experts, the Indian IT major will likely announce modest performance amid geopolitical and tariff-related headwinds. They said the company's revenue growth is expected to be driven by the BFSI and energy sectors, while healthcare and other verticals may lag behind due to cautious client spending. They said that the TCS share price is range-bound in the ₹ 3,150 to ₹ 3,600 apiece range. A decisive breakout on either side of the range will decide the Indian IT major's future course of action. Speaking on the numbers the market expects from TCS Q1 results today, Seema Srivastava, Senior Research Analyst at SMC Global Securities, said, "The company is likely to announce modest performance amid geopolitical and tariff-related headwinds. The company's revenue growth is expected to be driven by the BFSI and energy sectors, while healthcare and other verticals may lag due to cautious client spending. Geopolitical uncertainties, particularly US tariff threats under a potential Trump administration, pose significant risks, potentially increasing costs for TCS's US clients and reducing IT spending. Additionally, strained US-China relations and stricter H-1B visa policies may complicate talent mobility, impacting margins." However, the SMC Global Securities expert, a professional chartered accountant (CA), said that TCS's robust deal pipeline and order book signal resilience, and its strong BFSI exposure provides some cushion. "Management commentary on Generative AI adoption and FY26 guidance will be pivotal in understanding the company's future growth prospects. TCS's forex gains offer some protection, but tariff uncertainties and global macroeconomic pressures temper optimism. The company's ability to navigate these challenges and drive growth through its strong BFSI exposure and deal pipeline will be closely watched," Seema Srivastava of SMC Global Securities added. Speaking on the technical outlook of TCS share price, Ganesh Dongre, Senior Manager of Technical Research at Anand Rathi said, "On the daily chart, TCS share price remains under selling pressure and continues to trade below its 200-day Exponential Moving Average (EMA), which is placed at ₹ 3700 — a key resistance level that reinforces the ongoing bearish sentiment. Currently, TCS shares are consolidating within a trading range of ₹ 3150 to ₹ 3600. A breakout on either side of this range will be crucial in determining the stock's next directional move." In the previous quarter, the Indian IT major reported a slight decline in profit, a modest rise in revenue from operations, and a final dividend for the last financial year. The company surpassed the $30 billion revenue milestone and underscored that a strong order book reinforces confidence in its long-term resilience. According to the company's exchange filing, TCS's consolidated profit after tax (PAT) for Q4FY25 stood at ₹ 12,224 crore. It was 1.7 per cent down from the profit of ₹ 12,434 crore reported for the corresponding quarter of the previous financial year. Consolidated revenue from operations for the quarter stood at ₹ 64,479 crore, growing 5.3 per cent year-on-year against ₹ 61,237 crore in the same quarter last year. 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.
