STOCK IN NEWS TODAY

• Net consolidated profit was up 41% YoY at Rs 5,797 cr. • NII jumped 27% YoY to Rs 11,958 cr. • NIM stood at 4.10%, up 50 bps (YoY). • GNPA declined to 1.96% as compared with 2.76% last year. • Net NPA fell to 0.41% compared with 0.64% last year.

• Consolidated net profit was up 30% YoY at Rs 358.57 cr. • Total revenue came at Rs 3741.21 cr, up 12.45% YoY.

M&M acquired a 3.53% stake in RBL and said it may consider raising its stake in RBL further, but won’t exceed 9.99%.