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Ujjivan SFB. Goldman Sachs recommends a buy rating on HDFC Bank while Citigroup maintains a sell rating on Persistent Systems and ICICI Securities initiated a coverage on Craftsman Automation with a target of Rs 5557.We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Citigroup on Persistent Systems: Sell| Target Rs 3790 The Q2 is likely to remain soft compared to expectations. Persistent has performed well recently in the last 1 month.

1. REC REC Limited, with a 20-day SMA of 236.52, closed at Rs 245.55 on September 7.2. Indian BrickBata India Limited soared above its 20-day SMA of 1693.35, closing at Rs 1731.25 on September 7.

AU Small Finance Bank Ltd aims to use its premium credit card offering to attract new deposits and retain existing customers seeking more banking services. On Tuesday, the SFB introduced the Zenith+ metal card, with an annual fee of ₹4,999, excluding taxes. It offers customers complimentary rounds of golf, free movie tickets, as well as other benefits.

growth potential of these companies. Let's explore the performance of these stocks. (Data Source: StockEdge)1. Suprajit Engineering Suprajit Engineering exhibited robust momentum by crossing its 50-day SMA on August 31, closing at Rs 423.1.2. Sonata Software Sonata Software demonstrated strong growth by surpassing its 50-day SMA on August 31, closing at Rs 1045.55.3. Max Healthcare Institute Max Healthcare Institute showcased impressive growth by exceeding its 50-day SMA on August 31, closing value of Rs 589.55.4. Rainbow Children's Medicare Rainbow Children's Medicare displayed promising momentum by crossing its 50-day SMA on August 31, closing at Rs 1059.45.5. JK Lakshmi Cement JK Lakshmi Cement achieved a noteworthy feat by surpassing its 50-day SMA on August 31, closing at Rs 674.05.

«Because of the fact that we offer multiple products to our customers, our customers are largely people who are the common man of the country, people in the middle income or low middle income segment of the country,» says Rishi Gupta, Fino Payments Bank.This entire payment bank experiment of the system, you have really done a great job. Many could not. And now I was just comparing, the way you have turned this quarter, you are on route to almost Rs 80 crore of profit for the full year versus say Rs 65 crore, roughly, give or take 5% last year. We all are reading about your plans of moving into a transition, into a small finance bank. When it does actually happen, how does the profitability outlook change or improve? What meaningful change actually happens then for you? From a Fino Payments Bank point of view, we have been doing this business for the last 17 years.

Q1 results today: Amid trend reversal at Indian stock market, stock market experts are advising intraday traders and positional investors to remain vigilant about the quarterly earnings for the financial year 2023-24. They said that Q1 results 2023 would help an investor understand the fundamental status of the company with more clarity as companies declare their earnings expected for medium to long term as well while announcing their quarterly results. For such investors and traders, there is a piece of stock market news.

The Sensex climbed 367 points to settle at 66,527, while the broader Nifty jumped 107 points to end at 19,753. Stocks that were in focus include names like Nazara Tech, which rose 4.66%, Ujjivan SFB, which gained 8.92%, and SBI Card, whose shares fell 0.14% on Monday.Here's what Riches Vanara, Technical And Derivatives Analyst at StoxBox, recommends investors should do with these stocks when the market resumes trading today:Nazara Tech On the weekly chart the stock is making a rounding bottom pattern and a decisive close above 740 level will confirm the pattern breakout.

According to the data from BSE, the investors made bids for 12,27,66,000 equity shares or 1.02 times compared to 12,05,43,477 equity shares on offer for subscription by 12.06 pm. The quota for retail bidders was subscribed 3.79 times, whereas the allocation for non-institutional investors fetched 1.24 times bids. But the portion for qualified institutional bidders was not off the mark yet.

Bank, a Kerala-based lender with a focus on unbanked and under-banked customer segments, has filed papers with the capital market regulator Securities & Exchange Board of India (Sebi) to raise ₹629 crore through an initial public offering. The bank has scaled down its IPO size by about a third from what was planned before the Covid-19 pandemic.

ET Intelligence Group:Issue dates: July 12-14, 2023Issue price: Rs 23-25Issue size: Upto Rs 500 crore (fresh issue)Implied market cap: Upto Rs 2,740 croreFace value: Rs 10Lot size: 600 sharesRetail portion: 10%Utkarsh Small Finance Bank (SFB) plans to raise Rs 500 crore through an issue of fresh equity to augment the capital base. The promoter Utkarsh CoreInvest’s stake will fall to 69.3% after the IPO from 84.8%.

IPO). The bank has scaled down its IPO size by about a third from what was planned before Covid. This is the third time it is seeking Sebi's approval for an IPO.

The price band for the IPO was fixed at Rs 23 to Rs 25 per equity share with face value Rs 10. The fundraising is expected to take care of Utkarsh's business expansion for the next 18-24 months, managing director Govind Singh said. Among small finance banks, Jana and Fincare are also looking to raise equity via public offer shortly.

Cyient DLM Ltd, and one IPO for a small to medium-sized enterprises (SME), Global Pet Industries Ltd. Moving forward, the week is jam-packed with listing and IPO issues that are open for subscription. Let's look at some of the companies that are opening for subscription this week and some getting listed.

Multibagger stocks: Amid stock market hitting record highs on a regular basis, Dalal Street has produced a good number of multibagger stocks in recent years. Among this list of multibagger stocks in 2023, banking stocks dominate the list as both private and PSU bank stocks witnessed sharp upside move throughout the year, which enabled Bank Nifty to hit life-time high before NSE Nifty and BSE Sensex. Here we list out 5 private bank shares that have delivered multibagger return to its shareholders in last one year: 1] Karur Vysya Bank: Share price of this multibagger stock has been in uptrend for the last one year.

Adani WilmarAdani Wilmar has delivered strong double-digit volume growth at 25% for the first quarter ended June.

Equitas Small Finance Bank (Equitas SFB) on Monday announced it has partnered with Cholamandalam MS General Insurance to launch the Chola Sarva Shakti Policy, a women-specific health insurance policy to empower Indian women with good health and finances.