Why ULIP mis-selling has become rampant ?
Why is there so much mis-selling of ULIP? How to avoid this mis-selling? Who should take ULIP?
The Nifty50 is expected to open in green on Friday tracking Nifty futures on the Singapore Stock Exchange (SGX Nifty) and mixed global markets. Here are a few stocks which may buzz the most in today’s trade:
Results today: Bajaj Healthcare, Cholamandalam Investment and Finance, Cipla, Dabur, Dish TV India, DLF, Dr. Reddy’s Labs, Exide Industries, Grindwell Norton, Heritage Foods, IndusInd Bank, Indian Oil Corporation, JSW Energy, Just Dial, Dr. Lal PathLabs, LIC Housing Finance, Manappuram Finance, Shankara Building Products, Sun Pharma, Tata Motors, Tech Mahindra, Union Bank of India, UPL, Vaibhav Global, UTI Asset Management Company, Vedanta and Wockhardt are slated to announce their Q3 results on Friday.
IRFC: Shares of Indian Railways Finance Corporation will list today on BSE and NSE.
IRCTC: Indian Railway Catering and Tourism Corporation Ltd (IRCTC) on Thursday reported a 62 per cent decline in its profit after tax for the quarter ended in December to Rs 78 crore, impacted by the COVID-19 pandemic.
Asahi Songwon Colors: The company reported over two-fold surge in net profit to 8.52 crore for the third quarter ended December 2020.
DB Corp: Media house DB Corp Ltd on Thursday reported a 21.33 per cent rise in its consolidated net profit to Rs 99.03 crore for the third quarter ended December 2020.
Equitas SFB: Equitas Small Finance Bank has reported an 18% per cent jump in profit after tax at Rs 111 crore for the December quarter, helped by higher net interest income and reduction in costs.
Lupin: The company reported consolidated net profit of Rs 438.30 crore in Q3 December 2020 as compared to net loss of Rs 835 crore in Q3 December 2019. Total income rose 6.6 per cent to Rs 4017.40 crore in Q3 December 2020 over Q3 December 2019.
IndiGo: On a consolidated basis, Interglobe Aviation (Indigo) reported net loss of Rs 620.14 crore in Q3 December 2020 compared with net profit of Rs 495.97 crore in Q3 December 2019. Revenue from operations tumbled 50.56 per cent to Rs 4,909.98 in Q3 December 2020 compared to Rs 9,931.68 crore in Q3 December 2019. Pre-tax loss for the quarter stood at Rs 623.13 crore as against pre-tax profit of Rs 556.53 crore in Q3 December 2019.
Pidilite: Pidilite Industries reported 9.93 per cent growth in consolidated net profit to Rs 356.42 crore on a 2.1% rise in total income to Rs 1,902.63 crore in Q3 December 2020 over Q3 December 2019.
UBL: United Breweries reported 18.84 per cent rise in consolidated net profit to Rs 126.78 crore on a 7.38 per cent fall in total income to Rs 1,350.77 crore in Q3 December 2020 over Q3 December 2019.
Tata Chemicals: The company reported 10.04 per cent rise in consolidated net profit to Rs 160.85 crore on a 1.01 per cent fall in total income to Rs 2,654.97 crore in Q3 December 2020 over Q3 December 2019.
AU Small Finance Bank: The lender reported 151.85 per cent rise in net profit to Rs 479.02 crore on a 51.2 per cent surge in total income to Rs 1,924.53 crore in Q3 December 2020 over Q3 December 2019.