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Showing posts with the label quarterly earnings

HDFC Life Q4 results preview: APE could rise by up to 17 YoY, value of new business to likely surge up to 14%

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[hfe_template id='11223'] [ad_1] HDFC Life Insurance Company’s annualised premium equivalent (APE) is expected to go up in the range of 10% to 17% on a year-on-year basis in Q4FY25, according to estimates given by three brokerages, which have estimated APE between Rs 5,214 crore and Rs 5,510 crore for the quarter ended March 31, 2025. The value of its new businesses (VNB) could go up by 10-14% in the said quarter, the estimates said. The estimates have been given by Mirae Asset Sharekhan, Yes Securities and Nuvama Institutional Equities. While Yes remains most conservative in its APE and VNB estimates, Nuvama remains most bullish in the pack. The private insurer’s profit after tax could go up by 31% on a YoY basis while rising by 28% on the QoQ basis, Sharekhan said. HDFC Life will announce its quarterly earnings on Thursday, April 17, 2025. Live Events Here’s what brokerages recommended: Sharekhan Sharekhan expects HDFC Life’s profit after tax (PAT) at Rs 540 crore in t...

Nvidia's rally takes a break after forecasts fall short of investor expectations

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[hfe_template id='11223'] [ad_1] Nvidia shares dropped more than 6% on Thursday after its forecast fell short of lofty expectations, though some believe the modest sell-off showed investors still remain confident in the generative AI boom that has powered the chip giant's stock higher all year. The company on Wednesday forecast third-quarter gross margins that could miss market estimates and revenue that was largely in line. But some investor concerns were allayed after the company said it expects production of its next-generation Blackwell chips to ramp up in the fourth quarter. Shares of other chip companies were mixed after some reversed gains from earlier in the session. Broadcom shares ended 0.8% lower while those of Advanced Micro Devices fell 0.6%. Shares of Arm rose 5.3%. Nvidia's shares remain up 137% this year, making the company a pillar of the rally in U.S. stocks. Those gains have been driven in part by a series of blowout quarterly revenue forecast...