- ICICI Bank’s net profit increased by 8.5% to Rs 13,702 crore.
- Jio Financial’s net profit declined by 14% to Rs 272 crore due to increase in expenses.
- HDFC Bank’s net profit increased by 9% to Rs 19,221 crore.
- Banks have also announced dividends along with quarterly results.
Stocks to Watch Today: There was tremendous growth in the Indian stock market on the trading day of 17th April. Both the major benchmark indices BSE Sensex and Nifty 50 closed trading in the green.
Meanwhile, many companies have announced their quarterly results. Because of this, there may be movement in these shares today, i.e. on Monday 20th April. Let us know about these selected shares.
ICICI Bank Share
ICICI Bank has performed well in the fourth quarter of FY 2026. During this period, the net profit of the bank increased to Rs 13,702 crore. Which was Rs 12,630 crore in the same period last year. That means the bank has registered a growth of about 8.5 percent.
The net interest income of the bank has also increased to Rs 22,979 crore. This figure was Rs 21,193 crore a year ago. Along with the results, the bank has also announced a dividend of Rs 12 per share to the investors. In such a situation, movement may be seen in company shares today.
Jio Financial Share
This time there has been a decline in profits in the results of Jio Financial. The net profit of the company has decreased to Rs 272 crore. Which was Rs 316 crore last year. That means there has been a decrease of about 14 percent.
The main reason for this decline is being said to be the increasing expenses of the company. Which has increased from Rs 145 crore to Rs 692 crore. However, the total income of the company registered a good increase and it increased from Rs 518 crore to Rs 1,020 crore. The financial results of the company can attract investors.
HDFC Bank Share
HDFC Bank has registered a good growth in profit for the March quarter. Talking about the figures, the net profit of the bank has reached Rs 19,221 crore. Which shows an increase of about 9 percent from Rs 17,616 crore of the same period last year. However, during this period there was a slight decline in the net interest income of the bank.
This figure fell by 1.1 percent to Rs 76,610 crore. Besides, the bank has also announced a final dividend of Rs 13 per share for its investors. After this news, bank shares may be on the radar of investors today.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
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