Articles for tag: banking, profit, shares

Rajiv Sharma

Business
RBL Bank shares plunge over 13%, profit declines by 24%

RBL Bank shares plunge over 13%, profit declines by 24%

RBL Bank’s shares took a significant hit on Monday, plummeting over 14% to reach ₹175.10. This decline marks a new 52-week low for the private bank’s stock. The sharp drop in share prices has been attributed to disappointing quarterly results, where the bank reported a 24% decrease in profit for the quarter ending September 2024. ...

Rajiv Sharma

Business
Company's profit up 35%, brokerage recommends buying shares for Diwali

Company’s profit up 35%, brokerage recommends buying shares for Diwali

In the financial landscape, quarterly results serve as a significant indicator of a company’s performance and its potential for future growth. For the ongoing financial year 2024-25, one company’s impressive net profit growth has caught the attention of analysts and investors alike. The second quarter results reveal substantial growth in profits compared to the previous ...