Latest news with #AnujGupta
Mint
3 days ago
- Business
- Mint
Gold and silver rates to see more correction; is it the right time to buy gold and silver?
Gold prices held steady on Monday as improved risk appetite—following a trade agreement between the United States and the European Union—limited further gains. Investors also remained cautious ahead of the upcoming U.S. Federal Reserve policy meeting later this week. As of 0736 GMT, spot gold remained unchanged at $3,336.75 per ounce, after briefly hitting its lowest level since July 17 earlier in the session. Back home, MCX Gold August 5 contracts saw a slight uptick of 0.07 per cent, trading at ₹ 97,890 per 10 grams, while MCX Silver September 5 contracts inched up by 0.05 per cent to ₹ 1,13,107 per kg around 9:15 AM. ' Gold prices fell to their lowest in nearly two weeks, as a framework trade agreement between the US and EU reduced appetite for safe-haven assets. U.S. struck a framework trade agreement with EU, imposing a 15% import tariff on most EU goods - half threatened rate - and averting a bigger trade war between the two allies that account for almost a third of global trade. Agreement mirrors key parts of the framework accord reached by the U.S. with Japan, but like that deal, it leaves many questions open, including tariff rates on spirits, a highly charged topic for many on both sides of the Atlantic,' said Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial services Ltd. Gold declined by 0.21% last week, settling at 97,819 after reaching a high of 100,555. In the spot market, it touched a peak of $3,438 before retreating by 0.40% to close at $3,326. Renewed optimism around tariffs weighed on both gold and silver prices. Silver hit a fresh all-time high of 116,641 during the week but witnessed a sharp correction, ending at 113,052. According to Anuj Gupta, Director, Ya Wealth Research & Advisory, gold and silver price are likely to witness further corrections in short-term amid ongoing Trump's tariff row. ' We are expecting further corrections in gold and silver may be seen. Gold is strong at $3280 and then $3220 levels. Resistance at $3360 and than $3450 levels. For next week gold may test $3280 to $3250 levels. Silver support at $37 and then $36 levels. Strong Resistance at $40,' Gupta said. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
News18
21-07-2025
- Business
- News18
HDFC Bank Vs ICICI Bank: Which Stock Deserves A Spot In Your Portfolio Post Q1FY26?
Last Updated: Shares of HDFC Bank and ICICI Bank were up 2% each on Monday's trading session; Which one should you buy post Q1 results? HDFC Bank Vs ICICI Bank: Shares of HDFC Bank and ICICI Bank were up 2% each on Monday's trading session after both private sector lenders announced their financial results for the quarter ended June 30, 2025. HDFC Bank shares have risen over 19% in the past six months and one year, while ICICI Bank shares have gained nearly 15% over the same period. Q1 FY26 Results: Head-to-Head HDFC Bank HDFC Bank posted a 12.24% year-on-year (YoY) rise in standalone profit after tax (PAT) at Rs 18,155 crore, driven by solid deposit mobilisation and higher other income. However, consolidated profit dipped slightly by 1.31% YoY. While the bank recorded steady loan growth and a 16.2% YoY jump in deposits, there was a mild deterioration in asset quality. Gross and net non-performing assets (GNPA and NNPA) rose marginally, and the net interest margin (NIM) declined to 3.35% from 3.6% a year ago. The board approved a special dividend of Rs 5 per share (record date: July 25), along with the bank's first-ever 1:1 bonus issue. The record date for the bonus will be announced later. Net interest income (NII) grew 10.6% to Rs 21,635 crore. Asset quality improved significantly, with GNPA falling to 1.67% and NNPA to 0.41% (from 2.15% and 0.43% YoY). Although NIM saw a slight dip, the bank maintained strong loan and deposit growth and robust core profitability. Which Stock to Buy? Anuj Gupta, Director at Ya Wealth Research & Advisory, recommends investing in both stocks, given their strong Q1 performance. 'Both banks are moving at a similar pace. Investors can consider splitting their allocation equally between the two," he said. Analyst Ratings And Target Price HDFC Bank Antique Stock Broking has a 'Buy' rating on HDFC Bank with a target price of Rs 2,270. The brokerage considers HDFC Bank its top pick among large private banks, citing tailwinds such as better deposit traction, reduction in RIDF investments, and operating leverage gains from network expansion. Antique has also reiterated a 'Buy' rating on ICICI Bank, raising the target price to Rs 1,680 from Rs 1,640. The firm expects return on assets (RoA) of 2.3–2.4% and return on equity (RoE) of 16–17% over FY27–28. While loan growth has moderated in line with sector trends, recovery is expected in the second half of FY26. view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Mint
21-07-2025
- Business
- Mint
HDFC Bank vs ICICI Bank: Which stock to buy post Q1 results 2025?
Shares of HDFC Bank and ICICI Bank will remain in focus in Monday's trading session after private banks reported financial results for the quarter ending on June 30, 2025 last week. Private lender HDFC Bank share price have gained over 19 per cent in six months and one year. Meanwhile, ICICI Bank share price has surged nearly 15 per cent in one year. Private sector heavyweights HDFC Bank and ICICI Bank have delivered strong Q1 FY26 results, each highlighting different strengths. HDFC Bank reported a healthy 12.24% YoY jump in standalone profit after tax (PAT) at ₹ 18,155 crore, supported by strong deposit mobilisation and an uptick in other income. However, the consolidated profit saw a slight dip of 1.31% YoY. Despite steady loan growth and robust deposit growth (up 16.2% YoY), the bank saw mild deterioration in asset quality, with GNPA and NNPA rising marginally. Net Interest Margin (NIM) also slipped to 3.35% from 3.6% YoY. HDFC Bank's board has approved a special dividend of ₹ 5 per share, with the record date set for Friday, July 25. Additionally, the board has sanctioned the bank's first-ever bonus issue in a 1:1 ratio, granting shareholders one bonus share for each share they own. The record date for the bonus issue will be announced later. ICICI Bank, on the other hand, delivered an even stronger performance. Standalone PAT rose 15.5% YoY to ₹ 12,768 crore, while consolidated PAT increased 15.9% to ₹ 13,558 crore. The bank reported a 10.6% growth in NII to ₹ 21,635 crore and demonstrated a notable improvement in asset quality: GNPA declined to 1.67% and NNPA to 0.41%, compared to 2.15% and 0.43% a year ago. Although NIM dipped slightly, the improvement in asset quality, healthy loan and deposit growth, and robust core profitability paint a fundamentally bullish picture. Anuj Gupta, Director, Ya Wealth Research & Advisory recommends investment in both the stocks as the quartely numbers posted by both the private lenders are positive. ' On the basis of number both are looking positive but here very difficult to choose as both are moving as per same pace. Investors can invest 50% in one and another 50% in another stock,' Gupta said. On the other hand, Sugandha Sachdeva- Founder-SS WealthStreet, says that ICICI Bank appears stronger in the short to medium term from a technical perspective. ' ICICI Bank is showing superior momentum both fundamentally and technically, backed by improved asset quality and bullish chart structure. The stock has formed a double bottom near ₹ 1380 and a tweezer bottom at ₹ 1410, validating key support near the lower Bollinger Band. As long as the stock sustains above ₹ 1400, it could head higher toward ₹ 1650 levels in the medium term. A protective stop should be maintained at ₹ 1250 on a closing basis,' Sachdeva said. Conversely, HDFC Bank seems to be facing resistance near ₹ 2020–2030 levels, she added. Sachdeva further went on to say that the stock looks top-heavy with the RSI declining and price facing rejection near the upper Bollinger band. 'Immediate support lies around ₹ 1920, and a breach could open downside potential toward ₹ 1820. However, these dips could offer accumulation opportunities for long-term investors. A closing stop loss should be kept at ₹ 1750 levels for a target of Rs.2200 from a medium to long-term perspective,' she said. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Economic Times
20-07-2025
- Business
- Economic Times
How to trade RIL shares after Q1 earnings
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of Reliance Industries (RIL) are expected to open with a gap-up when trading resumes on Monday, following a stronger-than-expected profit jump in Q1. Having gained 16% over the last three months, RIL shares may have more upside from current levels and could rally up to 22% this year, according to Ambani-led Reliance Industries Ltd (RIL) reported a 78% year-on-year (YoY) increase in its Q1FY26 consolidated net profit to Rs 26,994 crore, compared to Rs 15,138 crore in the same period last year. The profit attributable to the owners of the company exceeded Street estimates of Rs 22,069 crore. On a sequential basis, profit after tax (PAT) rose 39% from Rs 19,407 crore in Q4FY25."We are noticing a strong trend in Reliance stock as it continues to form higher tops and higher bottoms on the technical charts. The strong results may provide further support to the prices," said Anuj Gupta, Director at Ya Wealth Global recommends a 'Buy' on Reliance Industries shares when markets open, with an immediate-term target of Rs 1,500 to Rs 1,530. In his view, the stock could test levels between Rs 1,600 and Rs 1,800 over the next six months, implying an upside potential of up to 22% from Friday's closing price of Rs 1,476 on earnings were in line with Gupta's expectations, he said, adding that robust management commentary and business expansion in Jio, Reliance Retail Ventures, and the O2C segment would support stock Nilesh Jain, Head Vice President, Equity Research – Technical and Derivatives at Centrum Broking, recommends an 'Accumulate on dips' strategy from a long-term portfolio perspective. "Technically, Reliance had earlier given a breakout above the crucial Rs 1,460 level and rallied up to Rs 1,550. However, recent profit booking has dragged the stock back near its breakout zone of Rs 1,460, which now serves as a key make-or-break level," he added that the core earnings reflect a strong performance by analyst Kranthi Bathini also echoed a 'Buy' call, recommending dip buying for investors with a long-term view. For existing investors, he suggested a 'Hold', estimating an upside of 15–20% over the next 12 months. "RIL reported strong growth in its Q1 profits aided by other income from the stake sale in Asian Paints, and traction in its O2C business is improving," said the Director – Equity Strategy at WealthMills Securities. The company's consumer-facing businesses, Jio and retail, are performing strongly and remain key growth drivers, he conglomerate Reliance Industries (RIL) on Friday posted its June quarter earnings, marking several key milestones, including its highest-ever consolidated quarterly operating profit and net profit. Its telecom arm surpassed 200 million 5G subscribers, while the retail business delivered double-digit EBITDA growth and industry-leading more: RIL Q1 Results: 10 key takeaways from Mukesh Ambani-led energy-to-retail conglomerate's earnings (Disclaimer: Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times
Time of India
20-07-2025
- Business
- Time of India
How to trade RIL shares after Q1 earnings
Shares of Reliance Industries (RIL) are expected to open with a gap-up when trading resumes on Monday, following a stronger-than-expected profit jump in Q1. Having gained 16% over the last three months, RIL shares may have more upside from current levels and could rally up to 22% this year, according to experts. Mukesh Ambani-led Reliance Industries Ltd (RIL) reported a 78% year-on-year (YoY) increase in its Q1FY26 consolidated net profit to Rs 26,994 crore, compared to Rs 15,138 crore in the same period last year. The profit attributable to the owners of the company exceeded Street estimates of Rs 22,069 crore. On a sequential basis, profit after tax (PAT) rose 39% from Rs 19,407 crore in Q4FY25. Explore courses from Top Institutes in Select a Course Category Others Leadership Product Management CXO Artificial Intelligence Data Analytics others Data Science Management Finance Data Science Technology MBA PGDM Design Thinking Healthcare Project Management healthcare Public Policy Degree Cybersecurity MCA Operations Management Digital Marketing Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details "We are noticing a strong trend in Reliance stock as it continues to form higher tops and higher bottoms on the technical charts. The strong results may provide further support to the prices," said Anuj Gupta, Director at Ya Wealth Global Research. He recommends a 'Buy' on Reliance Industries shares when markets open, with an immediate-term target of Rs 1,500 to Rs 1,530. In his view, the stock could test levels between Rs 1,600 and Rs 1,800 over the next six months, implying an upside potential of up to 22% from Friday's closing price of Rs 1,476 on NSE. RIL's earnings were in line with Gupta's expectations, he said, adding that robust management commentary and business expansion in Jio, Reliance Retail Ventures, and the O2C segment would support stock prices. Expert Nilesh Jain, Head Vice President, Equity Research – Technical and Derivatives at Centrum Broking, recommends an 'Accumulate on dips' strategy from a long-term portfolio perspective. "Technically, Reliance had earlier given a breakout above the crucial Rs 1,460 level and rallied up to Rs 1,550. However, recent profit booking has dragged the stock back near its breakout zone of Rs 1,460, which now serves as a key make-or-break level," he warned. He added that the core earnings reflect a strong performance by RIL. Fundamental analyst Kranthi Bathini also echoed a 'Buy' call, recommending dip buying for investors with a long-term view. For existing investors, he suggested a 'Hold', estimating an upside of 15–20% over the next 12 months. "RIL reported strong growth in its Q1 profits aided by other income from the stake sale in Asian Paints, and traction in its O2C business is improving," said the Director – Equity Strategy at WealthMills Securities. The company's consumer-facing businesses, Jio and retail, are performing strongly and remain key growth drivers, he added. Energy-to-retail conglomerate Reliance Industries (RIL) on Friday posted its June quarter earnings, marking several key milestones, including its highest-ever consolidated quarterly operating profit and net profit. Its telecom arm surpassed 200 million 5G subscribers, while the retail business delivered double-digit EBITDA growth and industry-leading margins. Read more: RIL Q1 Results: 10 key takeaways from Mukesh Ambani-led energy-to-retail conglomerate's earnings
