Nirmal Bang

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

A Relationship Beyond Broking

External broker reports(aggregated public sources), Nirmal Bang

External broker reports(aggregated public sources)

Equity Bottom-Up

<div><div><div><div><ul><li>NII growth affected due to margin dip: NII growth was weak as NIM (domestic) expansion (YoY) was soft (+3bps YoY) while declining by 15bps QoQ.</li></ul><div><div><div><div><ul><li>Growth lagging peers: Gross advances increased by 6.2% YoY and 4.0% QoQ. Growth in domestic advances was 5.6% YoY and 3.4% QoQ.</li></ul><div><div><div><div><ul><li>Deposits growth tepid: Overall global deposits increased by 3.6% YoY and 1.7% QoQ. Domestic deposit growth stood at 3.9% YoY and 1.5% QoQ.</li></ul></div></div></div></div></div></div></div></div></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

NII growth affected due to margin dip: NII growth was weak as NIM (domestic) expansion (YoY) was soft (+3bps YoY) while declining by 15bps QoQ.Growth lagging peers: Gross advances increased by 6.2% YoY and 4.0% QoQ. Growth in domestic advances was 5.6% YoY and 3.4% QoQ.Deposits growth tepid: Overall global deposits increased by 3.6% YoY and 1.7% QoQ. Domestic deposit growth stood at 3.9% YoY and 1.5% QoQ.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Punjab National Bank - Weak on Multiple Counts