Rating: buy; SBI Card: Improved NIMs to boost earnings growth
SBI Card (SBIC) reported 3% q-o-q dip in PAT in Q3FY23 primarily on account of lower NIMs (subdued revolver mix and higher cost of funds), lower instance-based fees (removal of…
Read MoreTag: 金碧辉煌ktvJH
Rating: hold; HCL Tech – Revenue growth led by software
HCLTech’s Q3 results were ahead of estimates led by higher-than-expected revenue growth in software business. Services segment witnessed growth moderation due to impact of furloughs. Deal bookings remained steady, however…
Read More