BUY ICICIBANK FUT 2 LOTS ABOVE 590 TARGET 597/605 SL 580
SELL HCL FUT 2 LOTS BELOW 914 TARGET 906/902
SL 923
Today ICICI Bank share price added 6% in the early trade after the
company announced its fourth-quarter earnings on Saturday. The private sector lender on April 24 clocked
a 260% year-on-year growth in standalone profit at Rs 4402 crore for the
quarter ending March 2021.The profit in the corresponding period in the previous
year stood at Rs 1221crore.ICICI Bank reported a
strong quarter, led by healthy business performance across all business
segments. Strong operating performance was aided by healthy NII growth though
weak other income affected net earnings. The improving granularity of
the book provides better earnings visibility for ICICI Bank. Today ICICI Bank was
quoting at Rs 588.70, up 3.22%.The share touched a 52-week high of Rs 679.30
& a 52-week low of Rs 285.70 in last year & now It is trading 12.35%
below its 52-week high and 108.4% above its 52-week low.
Today HCL Technologies
stocks price fell 3% in early trade after the company reported muted numbers
for the fourth quarter of fiscal 2021. We believe the company will continue to
trade at a higher discount to TCS/INFY/WIPRO on account of lower revenue growth
and lower profitability. The strong deal bookings, a healthy deal
pipeline, strong net employee addition and rising spend on transformation
initiatives by clients would help HCL Tech deliver strong revenue growth in
FY2022E. The share touched a 52-week high of Rs
1,073.55 and a 52-week low of Rs 463.45 respectively.Currently, it is trading 12.37%
below its 52-week high and 103 % above its 52-week low.
GETTING LIVE MARKET TRADING TIPS ON 7772909587ЁЯУ▓
No comments:
Post a Comment