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Coal India falls ahead of Q2 results

BUZZ-PREVIEW-Coal India falls ahead of Q2 results ** Shares of Coal India COAL.NS fall 2.3% to 466.2 rupees, their lowest since June ** Stock among worst losers on Nifty Energy index .NIFTYENR which is down 1.3% ** Analysts on average expect a ~5% drop in Q2 consolidated net profit and 4% drop in revenue, as per data compiled by LSEG ** Higher rain
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ICICI Bank Ltd <IBN.N> expected to post earnings of 35 cents a share - Earnings Preview

ICICI Bank Ltd expected to post earnings of 35 cents a share - Earnings Preview ICICI Bank Ltd IBN.N , IBN is expected to report resultson October 26 for the period ending September 30 2024 ​LSEG's mean analyst estimate for ICICI Bank Ltd is for earnings of 35 cents per share. The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The mean earnings estimate of analysts was unc
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Indian insurer SBI Life's Q2 profit rises on higher investment income

Indian insurer SBI Life's Q2 profit rises on higher investment income BENGALURU, Oct 23 (Reuters) - India's SBI Life Insurance Company SBIL.NS reported a nearly 40% year-on-year rise in second-quarter profit on Wednesday, helped by higher investment income and sustained demand for insurance products. SBI Life said its profit rose to 5.29 billion rupees ($62.92 million) for the quarter ended Sept.
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India's Max Financial eyes best day in 4 yrs after upbeat Q2 results

BUZZ-India's Max Financial eyes best day in 4 yrs after upbeat Q2 results ** Shares of Max Financial Services Ltd MAXI.NS soar 11% to a record 1298.60 rupees ** MAXI last up 9% and set for best day since Aug 2020, with trading vol nearly 7x the 30-day avg ** Life insurer's value of new business grew 23% in Q2, while margins came in at 23.6%, which
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India's Mahindra and Mahindra Financial slumps after Q2 profit miss

BUZZ-India's Mahindra and Mahindra Financial slumps after Q2 profit miss ** Shares of Mahindra and Mahindra Financial Services Ltd MMFS.NS fall as much as 8% to 259.20 rupees ** NBFC reported a 57% rise in Q2 profit to 3.69 bln rupees ($43.9 mln), but missed analysts' estimate of 4.82 bln rupees, according to data compiled by LSEG ** Jefferies blam
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