Broker’s call: South Indian Bank

[ad_1] Target: ₹39CMP: ₹28.08Muted NII and lower Treasury income led to the decline in South Indian Bank’s Q4 operating profit. Lower provisions aided profitability, with a 0.98 per cent RoA (down 7bps q-o-q). Asset quality improved across segments. With stress...

Stock that will see action today: 14 March 2024

[ad_1] Cholamandalam Investment and Finance Company Ltd has bought 4.67 acres of land in Chennai from realty firm DLF Ltd for ₹735 crore. DLF has sold this land to monetise its land. The realty firm has a good presence in...