ICICI Bank – Stock Up
- Strong Q1 Performance: Net profit rose 15.5% YoY to ₹12,768 crore, beating estimates.
- Stable Asset Quality: GNPA held at 1.67%, reassuring investors amid sector-wide concerns
- Analyst Confidence: Most brokerages maintained ‘Buy’ ratings, citing consistent earnings and profitability focus
HDFC Bank – Stock Up
- Profit Growth: Standalone net profit jumped 12.2% YoY to ₹18,155 crore
- Bonus & Dividend: Announced a 1:1 bonus issue and ₹5 interim dividend, which excited investors.Institutional Downgrades: Analysts flagged lack of near-term triggers in O2C, retail, and new energy segments
- Analyst Sentiment: Despite margin pressure, brokerages like Nomura and Nuvama reiterated ‘Buy’ calls, citing long-term strength
- Reliance Industries – Stock Down
- Muted Q1 Results: Refining and petrochemical margins were soft; retail revenue growth slowed.
- Institutional Downgrades: Analysts flagged lack of near-term triggers in O2C, retail, and new energy segments
- FII Selling Pressure: Foreign investors have been offloading Indian equities, hitting large caps like RIL
Also Read news on Banking https://zerodaynews24.com/indian-banks-q1-fy26-a-mixed-bag-of-margins-momentum-misses/