ICICI BANK on January 25 registered a healthy 158.4 percent year-on-year (YoY) growth in Q3FY20 profit, driven by lower provisions and recoveries from non-performing loans (NPLs).
Net profit increased significantly to Rs 4,146.46 crore during the quarter, from Rs 1,604.91 crore in the same period last year.
NII during the quarter grew by 24.3 percent YoY to Rs 8,545.32 crore with loan growth of 13 percent YoY (to Rs 6.35 lakh crore) and 37 bps improvement in net interest margin.
Domestic advances grew 16 percent YoY and retail loan grew 19 percent YoY, the bank said, adding net interest margin for the quarter stood at 3.77 percent, higher from 3.64 percent in September quarter and 3.4 percent in December quarter 2018.
Domestic advances grew 16 percent YoY and retail loan grew 19 percent YoY, the bank said, adding net interest margin for the quarter stood at 3.77 percent, higher from 3.64 percent in September quarter and 3.4 percent in December quarter 2018.
Total deposits increased by 18 percent to Rs 7.16 lakh crore, wherein CASA deposits grew 15 percent and term deposits grew 24 percent YoY.
Asset quality improved sequentially with gross non-performing assets (NPAs) as a percentage of gross advances falling 42 bps to 5.95 percent and net NPA declining 11 bps to 1.49 percent in the quarter ended December 2019.
Asset quality improved sequentially with gross non-performing assets (NPAs) as a percentage of gross advances falling 42 bps to 5.95 percent and net NPA declining 11 bps to 1.49 percent in the quarter ended December 2019.
Disclaimer - Make your own research before taking any decision on buy or sell of stock or ask to your financial advisor i have just shared this post for information purpose only.
Rajbhai your views on JSW steel for expiry. Holding future buy @ 266. Result not gud but outlook solid
ReplyDeleteKeep Sl of 260 on closing basis and hold on
Deletesir ur view in iti fpo???
ReplyDelete10% returns is possible
DeleteHi Sir your on bank nifty tomorrow
ReplyDeletePositve view
DeleteHi sir your view for Nifty tomorrow
ReplyDelete12000 is major support
DeleteWhat is the target for
ReplyDeleteLarsen
HDFC bank
Tcs
After budget
There is nothing like target if your view is long term than hold on
DeleteIf your view is short term than budget can't be predicted
Raj Sir with due respect I am holding inbox wind at 46 rupees as suggested by u. Please guide should I hold it or sell it .Please comment
ReplyDeleteBro i have suggested @35.50 not at 46 we have booked @46 on 17th January you can scroll up on our channel and check this post of 17th January
Delete👇👇👇
INOX WIND BOOK FULL @46
AFTER THAT DON'T ASK WHAT TO DO IT HAS GONE DOWN THAT TYPE OF QUESTION
So better to exit it on rise or keep strict sl of 40
Thanks sir
DeleteHi sir whts your view on budget.
ReplyDeleteWill it be gud for market or bad.
Can market go up aftr budget or it will crash
It only depends on budget and only know on budget day
DeleteIt only depends on budget and only known on budget day after analysing it
DeleteHi sir whats view on dabur.
ReplyDeleteWhat will be its major support and resistance
480 SUPPORT
Delete540-550 RESISTANCE
Dear Raj Bhai
ReplyDeleteYour view on HAVELLS at CMP for short term?
Nuetral view
Delete570-660 range
Sir I am holding hdfc AMC at 3210. Should I hold it or wait ?? Please suggest .
ReplyDeleteKeep Sl of 3160 on closing basis and hold on
DeleteSir today only I bought this hdfc AMC after your suggestion that it will go till 3300 to 3400
DeleteOk no problem keep Sl as mentioned
DeleteSir in some of your post u always says POWER OF CHARTS
ReplyDeleteSir can u if possibile explain how to study any chart of a stock
No sorry but it is not possible
DeleteIt can't be explained as easy as you think and i am not running any classes of it so it is not possible hope you understand
Good evening Raj sir
ReplyDeleteI have Mphasis shares @891 one month before, 200 qty. Now trading@ 925.. Can this stock has potential to become multibeggar in 3-5 years.. Is stock in under valued? Please send ur view....
Yes hold on it is strong fundamental stock
DeleteGood evening raj sir, I seek ur view on three best pharma shares, which can be bought at cmp for good gains in short to mid term
ReplyDeleteDivis lab
DeleteDr ready
Alembic pharma
Is ItC god for long term.. what should be the long term stoploss
ReplyDeleteYes it is good for long term no need of sl
DeleteBuy 50% here and add more on dips
Sir
ReplyDeleteNeed ur advice on reliance having 1540 Feb call at 40.
No view on options
DeleteRELIANCE SUPPORT 1440 RESISTANCE 1550
Hi sir whats your view on colpal and baja auto results can bet on it as a result bet on tomoorow.
ReplyDeleteWhat will be major support and resistance for baja auto and colpa
Coalgate is near support 1460 is good support for it
DeleteBajaj auto not much idea about it
Sir,
ReplyDeleteI purchased AKZO @ 2,240 couple of months ago on your buy call and it has hit stop loss but i did not exit. Thats my bad/mistake. Now a days i see momentum, Should i exit at cost to cost or wait for more upside and book profit. If so suggest what levels can be expected.
Hold on it is good fundamental stock
DeleteSir
ReplyDeleteCan we buy irctc at current price for long term??
Buy on dips
DeleteYour view on SBI Bank share will it open with gap up tomorrow as it result day till what price it may go as there is an IPO for SBI card in coming days is it good time to buy SBI now... and any idea about SBI IPO when we can buy it what will be the price i heard its around 250 its it correct.
ReplyDeleteSbi cards currently not much new info
DeleteSbi major support at 300
Hi Raj,
ReplyDeleteView on Jagran Prakashan for tomorrow.
Results seem fine.
Thanks & Regards,
Result are good if sustian above 71 than good upmove is possible otherwise it will be in range of 60-70
DeleteSir what is your view on icici bank in long term. Can I book now and hold it for long term?? Please suggest.
ReplyDeleteHold on
DeleteIf you don't need money than hold on
Book near 600
Thanks Raj😊
ReplyDeleteYou are welcome
DeleteSir I am keeping HDFC AMC at 3125. Can I exit now to renter later. Looking at charts,
ReplyDelete1. I am seeing it can come down. Can it go below my if it breaks some price ?
2. It is for long term I am keeping, but with nifty coming down and with growing concerns of CoronaVirus and slowdown, is it better to come out ?
Thank you Sir
Bro first of all as you said you have bought for long term than don't sell your long term holding for short term view as when market will reverse no one can say and hdfc amc will go up once you can not buy it so never sell your long term holding for small benifits
DeleteHdfc amc if tomorrow LTCG is removed than it will be biggest benificiary of it
So keep watch on it
LTCG is not removed, amc came down hard. Should I stay invested ? Or will it give a bounce back based on charts so that I can exit with minimal loss.
DeleteAlready said if your view is long term than hold if your view is short term than exit
DeleteNow you have to decide you have bought it for short term or long term
Sir .. i am a big fan of your self discipline and greed control.. you are such a balanced man ..hatsoff to you sir
ReplyDeleteThank you very much
DeleteSir can we buy hdfc life in this dip?
ReplyDeleteYes if your view is long term than definitely buy it
DeleteNow sir whats your view on nifty.
ReplyDeleteWill it recover on momday.
Or still much more pain fully downside we can see on it.
Still it may fall on Monday as BUDGET is not looking good
DeleteGood evening raj sir, please analyse the whole Budget minutely and let us know, which equities are good to invest in sip mode till next budget, please also suggest sectors, on which u are bullish till next budget Or mid to long term
ReplyDeleteI don't think there is anything good in budget
DeleteThat's why only see market reaction 1000 point down
Sir i have hdfc@2455 and hdfc amc@3300.
ReplyDeleteSir it has crash much more today should i hold or exit.
What will be it major support and resistance of this both stock hdfc and hdfc amc
If your view is long term than definitely hold on
DeleteIf your view is short term than exit
*Budget 2020 Highlights:*
ReplyDelete* 60 lakhs new taxpayers added via GST introduction
* New simplified GST returns from April 2020
* FDI elevated during period 2014-2019 to $284bn
* Central government debt reduced to 48.7% of GDP in 2019
* 16 points action plan for agricultural & irrigation sector under aspirational India
* New Education Policy will be announced soon
* ECB and FDI will open in education sector
* Degree level full fledged online programs to be started
* National Police University & Forensic university is proposed to be set up
* INR 99,300 cr proposed for education sector
* Investment clearance cell to be set up to facilitate investments and to provide advisory at State as well as Centre level
* 5 new smart cities to be developed
* Move to develop each district an export hub
* INR 27,300 cr for promotion of industry & commerce
* National logistics policy to be released soon
* Digital refund of duties to exporter
* Setting up of solar panels on barren lands
* More Tejas types train to be introduced to connect iconic cities
* 100 more Airports to be developed by 2024
* Proposed to states to replace old electric meters to the smart pre-paid electric meters. This will give flexibility to consumer to choose service provider.
* INR 22,000 cr proposed for power & renewal energy sector
* Private sectors to built data centre parks throughout the country, policy may come soon
* INR 6,000 cr proposed for 'Bharat Net'
* Funding for ideation and start up
* INR 28,600 cr proposed in this budget specific to women
* Proposed to set up Indian Institute of Heritage & culture as a deemed university
* 5 Archeological sites would be developed as iconic sites with onsite museums
* Setting up of Tribal Museum in Ranchi, Jharkhand
* INR 2,500 cr proposed for development of Tourism sector
* Taxpayer's charter to be a part of statute to build confidence/trust
* Government will ensure that citizens need not worry about tax harassment. There is a debate on building criminal liabilites for civil acts. Companies Act will be amended to correct this
* Robust mechanism is in place to monitor health of all scheduled banks
* Insurance cover for deposits increased from INR 1 lakh to 5 lakh
* Universal pension coverage with auto enrollment to be introduced (through PFRDI) to every person
* Invoice financing by NBFCs to MSME sector - Amendments to be made in Factoring Act
* Certain amendments to be made in SARFESI Act
* Non residents can invest in certain Government securities
* Liquidity constraints of NBFCs & HFCs will be addressed - Government has taken steps from last year
* International Buillion exchange to be setup in GIFT IFSC
* LIC initial public offer will come to list on stock exchange; Government will sell part of its holding
*Tax Proposals*
* Personal income tax - proposed to bring new income-tax regime for individual Taxpayer's
New slab rate (without exemption)
10% - income 5 - 7.5 lakhs
15% - 7.5 - 10 lakhs
20% - 10 - 12.5 lakhs
25% - 12.5 - 15 lakhs
30% - Above 15 lakhs
Income upto 5 lakhs no tax
* if individual ears income of 15 lakhs then tax would be 1.95 lakh vis-a-vis 2.73 lakhs as earlier
* New scheme of individual tax rates is optional
* FM says - reviewed all existing income tax exemptions and removed 70 of them in new regime and will review remaining and rationalize
* Propose to remove DDT and dividend would be taxable in the hands of shareholders; removal of cascading effect of dividend distributed by holding to subsidiary (25k cr revenues forgone on account of DDT abolishion)
* Concessional tax rate for electricity/power generation companies
Thank you for information
Delete* 100% tax exemption on new investment by foreign funds in infrastructure sector by 2024 with a minimum lock in period of 3 years
ReplyDelete* ESOPs given by startups to employees currently taxed as perquisites; deffering of tax payment by employees to 5 years
* Increase in turnover limit from 25 cr to 100 cr for startups
* Deduction can be claimed by startups upto 10 years
* Tax audit turnover threshold limit increased from 1 cr to 5 cr
* Concessional 5% withholding tax has been extended to municipal bonds. Cooperatives are taxed at 30 percent now. Cooperatives can choose a 22 percent tax with 10 percent surcharge and 4 percent cess with no exemptions.
* Complete online registration of charitable institutions
* Faceless appeals on the line of faceless assessment
* Vivad se Vishwas Scheme introduced - New direct tax dispute settlement scheme
* More than 4.83 lakhs cases pending at various forums
* Taxpayer's need to pay only disputed amount of tax (no penalty be charged) by March 2020; scheme will be available till June 2020 but some additional payment to made in-addition to tax
* CBDT to adopt Taxpayer's charter
* PAN shall be instantly allotted on the basis of Aadhar without any filling up of form
* Personal interface with tax administrators will be at minimum level
* GST reforms will continue including a simplified return-filling form. FM says, refund has been simplified and has been fully automated.
Thank you for information
DeleteHi Sir,
ReplyDeleteWhat would be the ideal price to enter IRCTC.
Please suggest some stock for investment purpose
If your view is long term than buy on dips
DeleteHi Raj,
ReplyDeleteWhat's your view on HGinfra please share.
If your view is long term than buy on dips keep Sl of 150
DeleteHi
ReplyDeleteHi
DeleteWill market go further down on monday. If goes down, how much we can expect??
ReplyDeleteYes it may go down still more on Monday as budget is not good for economy and specially for stock market it's my personal view
DeleteSir,
ReplyDeleteIs it good to buy Hdfc bank@1200 , HDFC Ltd @2250 or Shall I buy small bank stocks because of Bank Deposit guarantee increased to 5 lakh from present 1lakh.
Thanks
Bank deposit rule doesn't affect any bank share price
DeleteIf you want you can both with view of long term
Hi Sir,
ReplyDeleteWhat would be the ideal price to buy IRCTC
There is not any fixed price
DeleteBuy 25% here and keep adding on dips of every 50 rs
If your view is long term
If your view is short term than avoid
What return should I expect in next 3years?
DeleteCan it get double in 3 years time frame.
If monopoly of Irctc remains intact than definitely possible
DeleteRaj sir, I am holding idbi bank shares at 38.80 , should I hold it or exit. What is going to happen as govt decided to sale it's stake . Please advice.
ReplyDeleteIf your view is short term than exit on rise
DeleteIf your view is medium term like 1 year than hold on
Muthootcapital holding at 590. Hold or exit?
ReplyDeleteIf your view is short term than already given sl of 570
DeleteIf your view is long term than hold on
Hi Sir, Im Holding icici prulife @450, Should I hold it or sell , beacuase of budget ?
ReplyDeleteIf your view is long term than add more on dips
DeleteIf your view is short term than exit
Raj sir one guy is copping your research and calls that you provide in your channel. Name of that channel is free stock market tips.i am your old student from last 2 years
ReplyDeleteSorry but i am not able to find that channel can you please share link of it
DeleteThank you for information
Hi sir whats your view on larsern and ril aftr major fall
ReplyDeleteWhat will be its major support and resistance for ril and larsern
Support of Reliance 1340-1360
DeleteResistance 1450-1500
Larsen support 1225-1165
Resistance 1330-1400
Can we buy both @CPM
DeleteYes if your view is long term than buy
DeleteHi sir, what's ur view on nifty for this week
ReplyDeleteAlready shared
Delete11500-11800
Sir
ReplyDeleteMissing ur future calls
Please help with
Already shared many future calls
DeleteIn last month
Dr ready ; Reliance ; pvr ; Britannia ; SRF
If bought it than easily 1 lakh+ rs profit possible hope as you are asking for Future calls you have traded this all and make mega jackpot profit in it
Now when again there will be opportunity I will share again
And if you have not bought this above mentioned stocks last month than please don't ask for Future calls
I only share those segment calls where there is opportunity
Hello Raj Sir,
ReplyDeleteKindly advise Target for Britannia for next 2- 3 days
Britannia looking good
DeleteAbove 3130 it is good hold on just keep trailing your SL
Sir
ReplyDeleteWhats Your View on ROTO Pumps , Why is it Falling inspite of Positive aspect on Budget announcement of Irrigation Development
It is just as simple
DeleteBuy on rumours sell on news based theory
Sir What is your View on PNBHOUSING for short term ? It has already bottomed . shall we accumlate
ReplyDeleteMajor support at 370 if not break than again 500+ possible
DeleteWhat is view on bank nifty??
ReplyDeleteCan jt touch to 28k till month end as per head and shoulder pattern??
Bank nifty if break 29500 and sustainable below that than only new downmove possible
Deleteis it good to enter in irctc at cmp ??
ReplyDeletehow far it will goo
Sky is limit.
DeleteKeep some sl and buy if you want
Sir Eicher motors results on 6th does sales no are down for previous months does it effect quarterly results sir please share ur views
ReplyDeleteThanks
Eicher motors major support at 19000 if not break than again 21500 is possible
DeleteSo keep this levels on radar
Hi Rajji,could you please share Ur views on marico for short term. As usual,today also all the calls are rocking.
ReplyDeleteMarico
DeleteSupport at 300-330
Resistance 365-390
Thank you
DeleteGood morning raj sir, Tesla, electric car maker company`s share price increased over 35% in a couple of days.. So how will be opening of force motor??
ReplyDeletePositve view let's see
DeleteHello Sir, Can you please share support and resistance for Nifty and Bank nifty.
ReplyDeleteWhat is your personal view on market for tomorrow with RBI policy
Nifty support 11700-12000
DeleteResistance 12200
Banknifty no view
Hi sir
ReplyDeleteTARGET for Balrampur
170+
DeleteCan hold till result
DeleteYour choice if you want you can hold
DeleteWe will book tomorrow or exit tomorrow only
Sir your view on sun phpharma ??
ReplyDelete400-440
DeleteHi Raj sir,
ReplyDeleteCan you recommend few mutual-fund for SIP based investment?
Do you think HDFC-AMC ,Bajaj twins and Tata-elxi price will drop in near future ?
Thanks
About Mutual fund I don't have idea
DeleteNo this are quality stocks they correct less and moves up more
Hi sir today bought hdfc amc @3250 and booked @3300.
ReplyDeleteFull n joy sir.
But can bought again it on tomorrow opening.
What will be tr and sl for tomorrow
Yes you can buy
DeleteKeep Sl of 2%
Will Dmart go down/correct in next week..as its running one sided since few days..so I can exit now and re enter again..??
ReplyDeleteIf your view is short term than exit
DeleteIf your view is long term than hold
Hi Sir, is it right time to pick insurance stock or wait for some correction to happen due to budget declaration.
ReplyDeleteWhich one to consider/watch --> HDFC Life, SBI Life or ICICI Prulife from long term perspective.
Thanks
Buy here and add more on dips
DeleteCould you please suggest which one to select - HDFC Life, SBI Life or ICICI Prulife
DeleteAll 3 are good select any of them
DeleteHi Raj, What is your view on Hindustan Unilever and Bostch Stock? What are support and Resistance Levels for both?
ReplyDeleteHul support 2140 resistance 2300-2400
DeleteBosch 13500 support 15000-15500 resistance
Shoud i buy idea for long time??
ReplyDeleteNo
DeleteHi sir what is your view on bank nifty
ReplyDelete31000 support
Delete31500-31700 resistance
Hi sir whats your view on britanias result.
ReplyDeleteCan we go long on monday @cmp.
What wil its major support and resistance
Result are good
DeleteSupport 3100 resistance 3300
Good evening raj sir, please tell me only one if possible, and if not, then maximum two stocks that are trading at discount rates and can give maximum returns in 6 months, one year or two year.. Thanks sir
ReplyDeleteTata elxsi
DeleteHdfc amc
Sir Heg mere pass 33hai 1500 keep rate ke sell y'all hold
ReplyDeleteCurrently hold keep Sl of 1140
DeleteHello Sir,
ReplyDeletePlease ignore my previous message i posted bit bigger number that was typo. I brought hdfcamc @ 3060 i am expecting 3400. Is it possible next week.
Yes definitely possible
DeleteHello Sir,
ReplyDeleteCan you please give your view on Cipla?
Cipla positve view
DeleteKeep Sl of 434 and hold
Thank you very much for your view sir :)
DeleteSir, thanks for your call on JK cement. Just saw the result. Your budget calls always rocks. Any target in kind right now or have to wait till Monday.Thanks
ReplyDeleteOn Monday book at opening and enjoy
DeleteHi sir if bjp loss in delhi what will be efect on market
ReplyDeleteNot much impact
DeleteHi raj bhai whats your view on niit tech will it cross it 52week high.
ReplyDeleteWhat will be its major support and resistance
Support 1800
DeleteResistance 1950-2000
Plz tell zeel view for monday
ReplyDeleteNot view on Monday
DeleteBut zeel is sell on rise stock
today my profit 10k..
Deletegnfc
- ONLY POSSIBLE WITH MY FRIEND RAJ DATTANI
ENJOY
DeleteThankyou sir
DeleteSir i just have 1lac to trade and also can't take much risk ... any specific guidance in this circumstance to trade in your call for me..
ReplyDeleteYou can trade in small quantity with sl as mentioned
DeleteSir,your view on GNFC for tomorrow
ReplyDeleteGnfc results tomorrow result may not be good so buy after result
DeleteSir I booked profit 2.6k at 1283 for HEG and thank you for the great call. I would like to hold Johnson Control, JK Cement for long term. What will be the SL for these two stocks? Is Venky at good level to buy at CMP
ReplyDeleteYou are welcome enjoy
DeleteYes you can hold Johnson and jk cement no need of sl both are strong fundamental stock
VENKEYS avoid
Sir, your view on Dmart and justdial for tomorrow?
ReplyDeleteDmart buy on dips
DeleteJust dial 500 is make or break level keep watch on it
Hi Raj..Am investing in gillete for long term..I have observe that Gillette is consolidate in price range zone for 4000 to 6000 ...later 6000 to 8000...Now back to 6300 level...Here consolidation continues ...provide support and resistance and result in 13 February...whats your view on result...and future growth story of .gillete ...
ReplyDeleteGillette is strong fundamental stock
DeleteBuy on every dips for long term
It is not a trading stock
Hi Sir,
ReplyDeleteHolding Dmart120 @ 1400 should i hold
and can I add more 30shares at what price.
Buy if get 200-300 rs correction from high price
DeleteHi sir today bout hadfc amc@3350 and sold @3390 intraday have a great profit.
ReplyDeleteBut it has given close to 3324 aftr made high of 3410 so can i buy tomorrow also for gud profit.
Yes you can buy
DeleteSir whats your view on hadfc amc am holding @3100.
ReplyDeleteAper your msg what will the big tr possible for it
Yes hold on
DeleteSir Can u suggeat some target and strick stop loss to me. For hdfc amc
DeleteSir g today i bought hadfamc 3400 can i hold for 2/3 day as you said big tr possible.
ReplyDeleteOr exit tomorrow at any price
Bro you have bought at high price I have suggested at 3300 not 3400
DeleteBut no problem hold on it can give good returns
Hello Raj,
ReplyDeleteIf you can remember I had reached out to you with respect to Indian Bank shares.
Not sure why it is going down even after good results. I'm very much worried. Please suggest me by when it will move towards positive direction
Yes it result are good but it is falling as rest of psu banks are also falling it will only move up in psu banks rally till that you have to forget it
DeleteHi sir support and resistance of lichsgfin and rbl bank ?
ReplyDeleteLic support 400 resistance 470
DeleteRBL Bank avoid
Thank u sir
DeleteHello sir
ReplyDeleteCan we buy irctc for long term after today’s fall??
Buy 30% here and keep adding on dips
DeleteSir, your view on Force motor for tomorrow
ReplyDeleteKeep Sl of 1300 and buy
DeleteHello Sir,
ReplyDeleteI am holding Drreddys @ 3200.whats you r view on Support and Resistance
Support 3130 resistance 3300
DeleteSir what is ur view on public sector banks stock like Allahabad bank and andhra bank, they are at low can I buy them. What about granules stock it is gaining 35 rupees in just one week. Should I buy it now or wait for dips? Please suggest
ReplyDeleteGRANULES already suggested at 130 now it has already moved up so avoid it
DeleteBuy on dips only GRANULES
Psu banks avoid
Hi sir I am a ca student , what course and additional cource should I go to be able to read charts like you and get the targets. Ty
ReplyDeleteOnly experience and practice no need to read any book
DeleteDear sir
ReplyDeleteBahan finance kindly update i m take. Call option 4800 ce at 36 of this month. Kindly explain wether it will reach the price of cost to exit or further it will leap.
Exit
DeleteDear sir I am holding indusland bank 8 shares at price of 1413 for 6 month time frame. Can I hold if or sell? Plz suggest
ReplyDeleteSell on rise and shift to better fundamental stock like Whirlpool ; hdfc ; RELIANCE or Kotak bank
DeleteHi Sir, which are all the stocks good to buy now for long term.Please suggest.
ReplyDeleteReliance ; hdfc ; tcs ; Whirlpool ; Britannia ; Tata elxsi ; Ceat
Delete