Strong Q2 performance, improved earnings visibility keeps analysts bullish on the counter
US election results: The brokerage believes Donald Trump's protectionist policies such as higher tariffs, and policies against immigration, could be a curve ball for global trade
ICICI Securities, a part of the ICICI Group, on Tuesday reported a 25 per cent year-on-year growth in profit after tax to Rs 529 crore in three months ended September 2024. In comparison, the company had posted a PAT (profit after tax) of Rs 424 crore in the year-ago period, the brokerage house said in a filing to stock exchanges. Total income rose 37 per cent to Rs 1,707 crore in the July-September quarter of the current financial year (FY25) from Rs 1,249 crore in the same quarter preceding fiscal. The surge in total income was driven by revenues from the broking and distribution business. Shares of ICICI Securities settled 0.71 per cent lower at Rs 844 on the BSE.
ICICI Securities share price dipped as much as 3.42 per cent to Rs 837.65 per share on the BSE in Thursday's early morning trade
The NCLT Ahmedabad bench, led by justice Shammi Khan, while approving the scheme, dismissed two applications objecting to the scheme of delisting
NTPC has filed for an IPO of its green energy arm, NTPC Green Energy Ltd, with an aim to raise approximately $1.2 billion (Rs 10,000 crore).
ICICI Securities shareholders will receive 67 ICICI Bank Ltd shares for every 100 shares they hold, as per the approved scheme
In one week, the stock of the second largest private sector lender has outperformed the market by gaining 3.5 per cent, compared to the 1.9 per cent rise in the BSE Sensex.
PMEA Solar IPO: The funds raised through the fresh issue will be allocated towards capital expenditure and debt repayment
PVR Inox share price today: ICICI Securities' new target price on PVR Inox reflects around 41 per cent upside from the stock's Thursday's closing price
Congress leader Pawan Khera accuses Buch of receiving remuneration not only from the government but also from ICICI Bank and ICICI Prudential.
Facing an unprecedented attack on its credibility, the last thing that the SEBI would want is to give the impression that while all M&A is equal, some transactions are more equal than others
The broking outfit agreed to pay Rs 69.82 lakh for settling the charges
ICICI Securities shareholders will receive 67 ICICI Bank Ltd shares for every 100 shares they hold as per the approved scheme
ICICI Securities resolves Sebi case with Rs 69.82 lakh settlement, concurrently gains NCLT approval for delisting despite some objections from minority shareholders
The outlook for Indian capital market related businesses continues to remain positive over the medium to long term.
Contract manufacturer Akums Drugs plans expansion; targets higher margins
The initial public offer of luxury furniture brand Stanley Lifestyles got subscribed a whopping 96.25 times on the last day of subscription on Tuesday. The Rs 537 crore initial share-sale received bids for 98,56,97,520 shares against 1,02,41,507 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers (QIBs) fetched 222.10 times subscription while the quota for non-institutional investors got subscribed 118.65 times. The quota for Retail Individual Investors (RIIs) attracted 18.13 times subscription. The Initial Public Offer (IPO) has a fresh issue of up to Rs 200 crore and an offer for sale of up to 91,33,454 equity shares. The initial share-sale has a price range of Rs 351-369 per share. The IPO of Stanley Lifestyles got subscribed 1.43 times on the first day of subscription on Friday. Stanley Lifestyles on Thursday said it raised a little over Rs 161 crore from anchor investors. The net proceeds from the fresh issue to the tune of Rs 90.13 crore
Shareholders of the brokerage firm complained that bank officials sought screenshots and influenced them to vote in favour
ICICI Securities, a subsidiary of ICICI Bank, had secured a shareholder nod in March for the delisting