Tag: financial performance
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HDFC Bank Q3 FY25 Results: Net Profit Rises 2.2% YoY to ₹16,736 Crore; NII Grows 8% YoY to ₹30,653 Crore
Here are the key highlights from HDFC Bank’s Q3 FY25 results and related updates: Financial Performance Margins and Asset Quality Analysts’ Commentary Stock Performance Forward-Looking Statements Let me know if you need deeper insights or a detailed analysis of HDFC Bank’s Q3 performance.
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Newgen Software Shares Plunge 18% After Jefferies Downgrades Stock and Cuts Price Target
Shares of Newgen Software Technologies Ltd. dropped by 18% on January 21, 2025, after brokerage firm Jefferies downgraded the stock from a “buy” to “underperform.” The downgrade followed the company’s December quarter results, which showed a 5.5% growth in topline revenue and a 26.5% increase in net profit. Despite this growth, Jefferies cited a slower-than-expected…