FMP
Jan 24, 2024 6:14 AM - Parth Sanghvi
Image credit: Etienne Martin
Axis Bank has announced its financial results for the third quarter of the fiscal year 2023-24, revealing a net profit of INR 6,071 crore. Despite a slight miss compared to market estimates, the bank showcased resilience with a 4% YoY increase. Key highlights include robust growth in total deposits, improvements in asset quality, and significant advancements in retail loans.
Axis Bank's Q3 performance underscores its financial resilience, with positive strides in profitability, asset quality, and deposit and loan growth. The bank's strategic focus on retail loans and robust deposit mobilization contributes to its overall stability in a dynamic economic landscape.
May 14, 2024 11:41 AM - Sanzhi Kobzhan
A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...
May 24, 2024 9:30 AM - Rajnish Katharotiya
Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...
May 27, 2024 3:30 PM - Rajnish Katharotiya
In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...