Bandhan Bank Q1 profit falls 32% at Rs 373 crore; NPA see a sharp spike

 

#BandhanBank 

on Friday reported 32 percent decline in net profit at Rs 373.10 crore for June quarter 2021-22 as provisions for bad loans spiked.

The bank had posted a net profit of Rs 549.80 crore in the same quarter a year ago.

Total income however was up 20.4 percent at Rs 2,647.50 crore in the quarter as against Rs 2,198.30 crore in the year-ago period, the bank said in a regulatory filing.

Bank's gross non-performing assets (NPAs) spiked to 8.2 percent of gross advances as of June 30, 2021 from 1.4 percent by June 2020.

Net NPAs (or bad loans) also jumped to 3.3 percent from 0.5 percent.

Provisions for bad loans and contingencies rose to Rs 1,374.87 crore in the quarter from Rs 849.06 crore parked aside in the year-ago period.

Bandhan Bank stock settled 0.43 percent up at Rs 291.30 on BSE.

 Super Moved Today

#Mahindra Logis. +11.15%

#Sparc +10.12%

#SunPharma +10.06%

#SRF +9.32%

#teamlease +8.28%

#KSB +7.86%

#DEEPAKNTR +7.36%

#TechMahindra +7.24%

#IIFLWealthMgt. +6.62%

#SunTV +6.15%

#QuessCorp +6.06%

#AshokLeyland +6.03%🌟🌟🌟🌟🚀

#lauruslabs +5.95%

Profit & Loss Statement

 After Booked Profit In #CrudeOil Today Rs. 72100/-

In Between 21-4-20 To 30-07-2021

Total Booked Profit Rs. 10412815/-

New:

#DRREDDY

#Bergerpaints

#TorntPharm

Old:

#ITC

#BHEL

#coalindia

#PNB

Delivery #LemonTree #vakrangee #SreInfra

Blog: #nickel

Hold 4 Best Return

 Given to you as a free live trades on the date of 26th july 2021, check here

https://twitter.com/arbindtiwariT/status/1419643579056619524

#MCX #CrudeOil August

7 Lots Buy Given At 5365

Now Cmp: 5468

Lot Size: 100

Total Quantity: 700

For Time Being Book Profit

Call Closed

Return: Rs. 72100/-

Rocked With #A3RT

 After Booked Loss In #RIL CE Today Rs. 75000/-

In Between 21-4-20 To 29-07-2021

Total Booked Profit Rs. 10340715/-

New: #DRREDDY

#CrudeOil

#Bergerpaints

#TorntPharm

Old:

#ITC

#BHEL

#coalindia

#PNB

Delivery #LemonTree #vakrangee #SreInfra

Blog: #nickel

Hold 4 Best

 Given To You As A Live Trade On The Date Of 24th June 2021, Check Here

https://twitter.com/arbindtiwariT/status/1407999518726000640

RELIANCE 29th July 2300 CE

6 Lots Bought At 50

Lot Size: 250

Total Quantity: 1500

Total Investment Rs. 75000/-

Today Closed & Booked Loss

Total Loss Rs. 75000/-

Wait 4 Fresh Trade

15 Must Read Books In Investing Stock Markets & Trading.

Check This List Now

1. One Up On Wall Street – Peter Lynch

2. The Intelligent Investor-Benjamin Graham

3. Beating the street- Peter Lynch

4. The Warren Buffet Way- Robert G. Hagstrom

5. Stocks to Riches – Parag Parikh

6. How to avoid loss and earn consistently in the stock market – Prasenjit Paul

7. Value Investing and behavioral finance – Parag Parikh

8. Bulls, Bears and Other Beasts – Santosh Nair

9. Investing in India – Rahul Sarogi

10. The Intelligent Investor (Hindi Edition)- Benjamin Graham

11. Share Market Se Kaise Banaye Mene 10 Crore (Hindi)-Nikolas Darvas

12. Kaise Stock Market Main Nivesh Kare – HINDI (Hindi) Hardcover –CNBC TV18 (Author)

13. Tradeniti: Kaise Bane Safal Professional Trader-Yuvraj Kalshetti

14. Guide To Indian Stock Market- Jitendra Gala

15. Everything You Wanted to Know About Stock Market Investing-CNBC TV 18

 From my side all rollover completed..........

so please at any cost rollover and hold all given positions in August series only..

Hold for best return

And please update me your new pricing on immediate basis on my whats app number

+91 9900017008

#PowerTrade With #A3RT

 #Maruti

Near Term Support At 6850 Spot

LTP : 7243.30 Spot

Details For Results Volatility On Judgement Day

If Sustain Above This Level Then We Can See Fast Up-Move Till 7850/8150

Now 🤞🤞🤞🤞🤞 & Watch The Results.

#PowerTrade With #A3RT

🌟This Is View No Buy/Sell Advice

😥😥😥😥😥😥 #DrReddy Update

 #DRREDDY

Near Term Support Near 4750-80

Anyhow In All Conditions Hold For Best Return Only...

After Closing Bell🚀🚀🚀🚀🚀🚀🚀

 Market closes lower after a range-bound trading session.

#Pharma Top Losers.

Advance-Decline Ratio At 3:4,

Nifty Pharma falls 4% with all its constituents closing in the Red..

Still Hope For Best Up-Move

Wait For Next Update..

#PowerTrade With #A3RT

#Minimum Buy 10 Lots