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ICICI, HDFC bank share prices hit fresh records post March quarter earnings | Check details

Shares of ICICI Bank and HDFC Bank Ltd. surged to record highs on Monday after both posted stronger-than-expected earnings over the weekend. Motilal Oswal Financial Services Ltd. revised its FY26 earnings estimate for HDFC Bank up by 3% and raised ICICI Bank’s price target by 3% to ₹1,650. HDFC Bank climbed more than 2% on Monday, hitting a one-year high of ₹1,950 on.
Both the BSE and NSE. Axis Bank Ltd., India’s third-largest private lender, is set to report its earnings on Thursday. The implied volatility spread between the Nifty Bank Index and the broader Nifty 50 Index has narrowed to levels last seen in early April, reflecting improved trader sentiment towards banking stocks. Analysts believe Indian banks remain largely.
Insulated from global trade tensions due to their limited international exposure. The overall outlook for banking stocks is positive, with most banks having significant capital adequacy ratios, good additional provisions as buffers, and accelerating growth prospects as monetary policy eases and liquidity improves were driven by healthy loan growth, improved asset quality, and stable margins.
Shares of ICICI Bank and HDFC Bank surged to record highs on April 21, 2025, following initiatives, including deposit rate continued success. As the financial sector leads the broader market rally, investors and analysts alike are keeping a close watch on these banking giants.robust March quarter earnings that exceeded analyst expectations. The strong performances to
ICICI Bank’s Stellar Performance
ICICI Bank’s stock climbed over 2% to reach an all-time high of ₹1,437 on the National Stock Exchange (NSE). The bank reported an 18% year-on-year increase in net profit for Q4 FY25, amounting to ₹12,630 crore. Net interest income (NII) also saw an 11% rise to ₹21,193 crore during the quarter. These results marked the seventh consecutive gains ICICI Bank’s shares.
Brokerages responded positively to the earnings report. Motilal Oswal Financial Services projected a return on assets (RoA) of 2.3% and a return on equity (RoE) of 17.5% for FY27, upgrading earnings estimates. The bank’s market capitalization surpassed ₹10 lakh crore, reflecting strong investor sentiment bolstering investor confidence in India’s banking sector.
HDFC Bank’s Record-Breaking Quarter
HDFC Bank’s shares rose by 2.27% to hit a 52-week high of ₹1,950.70 on the BSE. The bank reported a 7% year-on-year increase in consolidated net profit for Q4 FY25, totaling ₹18,835 crore. Net interest income grew by 10% during the same period. Analysts highlighted HDFC Bank’s decision to cut savings deposit rates by 25 basis points, the first such move in five years.
Impact on Broader Market
The strong performances of ICICI Bank and HDFC Bank contributed significantly to the Nifty 50 and BSE Sensex indices, which extended their gains for a fifth consecutive session. The Nifty 50 rose by 0.82%, while the BSE Sensex increased by 0.79%. Financial stocks, particularly in the banking sector, were the primary drivers of these gains. Foreign investors have shown.
Analyst Outlook
Analysts remain optimistic about the prospects of ICICI Bank and HDFC Bank. Jefferies and Emkay Global have raised their price targets for both banks, citing strong lending margins and controlled credit costs. The updated median targets now stand at ₹1,600 for ICICI Bank and ₹2,120 for HDFC Bank. Emkay anticipates that HDFC Bank will benefit from a more.
The record-breaking performances of ICICI Bank and HDFC Bank underscore the resilience and growth potential of India’s banking sector. Strong quarterly earnings, strategic initiatives to enhance profitability, and positive investor sentiment have positioned these banks for accommodative regulatory stance, narrowing the gap with its peers. The bank’s strategic.
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Video: India successfully tests homegrown ‘Bhargavastra’ counter-swarm drone system

Bhargavastra, an indigenous low-cost counter drone system designed by Solar Defence and Aerospace Limited (SDAL), was successfully tested by India at the Seaward Firing Range in Odisha’s Gopalpur on Tuesday. The micro rockets used in this counter-drone system underwent rigorous testing in Gopalpur, with three trials conducted in the presence of senior.
Officials of the Army Air Defense (AAD). All four rockets performed as expected and achieved the required launch parameters, underscoring its pioneering technology in mitigating large-scale drone attacks The Bhargavastra is meant for quick interception of drones for an assured hard kill using tiny, guided missiles with swarm engagement capability This solution offers.
Mobile protection against drone attacks with near-simultaneous engagement of multiple drones. Highlights of ‘Bhargavastra’ include multi-layered defense, advanced detection and targeting, terrain adaptability and modularity, indigenous design, and self-reliance in defense The Bhargavastra is designed for quick interception of drones for an assured hard kill using.
Tiny, guided missiles with swarm engagement capability. It offers complete situational awareness to engage single or multiple threats, and is fully compatible with existing network-centric warfare systems. The system is also designed for deployment across diverse terrains, including high-altitude areas, and allows configuration of sensors and launchers per mission need.
In addition to drones, the Bhargavastra has been used in various other sectors, such as education, entertainment, sports, and more. The system has been praised for its effectiveness in countering the threat of drone swarms and providing a safer environment for civilians.
India has successfully tested its indigenous counter-swarm drone system, ‘Bhargavastra’, marking a significant advancement in the nation’s defense capabilities. Developed by Solar Defence and Aerospace Limited (SDAL), Bhargavastra is designed to neutralize the growing threat posed by drone swarms.
Overview of Bhargavastra
Bhargavastra is a low-cost, hard-kill counter-drone system that employs a multi-layered defense mechanism. The system integrates both unguided micro-rockets and guided micro-missiles to effectively detect and eliminate unmanned aerial vehicles (UAVs), including drone swarms.Wikipedia+11Hindustan Times+11mint+11Wikipedia+6Moneycontrol
Key Features
- Detection and Engagement Range: The system can detect small drones at distances up to 6 kilometers and engage targets up to 2.5 kilometers away. Business Today+2Wikipedia+2Business Today+2
- Layered Defense:
- First Layer: Unguided micro-rockets with a lethal radius of 20 meters, designed to neutralize multiple drones simultaneously.
- Second Layer: Guided micro-missiles for precision targeting of high-value or elusive aerial threats. Deccan Chronicle+10Hindustan Times+10www.ndtv.com+10ap7am.com+9mint+9Hindustan Times+9
- Operational Flexibility: Bhargavastra is adaptable to various terrains, including high-altitude regions exceeding 5,000 meters, making it suitable for deployment across India’s diverse geographical landscape. ap7am.com+4Business Today+4mint+4
- Modular Design: The system’s architecture allows for the integration of additional soft-kill measures, such as jamming and spoofing technologies, providing a comprehensive shield against UAV threats. Hindustan Times+3mint+3Moneycontrol+3
Recent Trials
On May 13, 2025, Bhargavastra underwent rigorous testing at the Seaward Firing Range in Gopalpur, Odisha. The trials, conducted in the presence of senior Army Air Defence officials, included:Wikipedia+10www.ndtv.com+10mint+10
- Two tests involving the firing of individual micro-rockets.
- One test in salvo mode, launching two rockets within a two-second interval.@EconomicTimes+9ap7am.com+9mint+9
All four rockets performed as expected, achieving the required launch parameters and demonstrating the system’s operational readiness. Moneycontrol+7@EconomicTimes+7Business Today+7
Strategic Significance
The successful testing of Bhargavastra aligns with India’s broader defense initiatives aimed at enhancing self-reliance and countering modern aerial threats. The system’s development underlines the country’s commitment to indigenous defense technology and its capability to address emerging challenges in drone warfare.@EconomicTimes+1@EconomicTimes+1@EconomicTimes
Bhargavastra is part of a suite of defense projects reviewed by Prime Minister Narendra Modi, including the Nagastra-3 loitering munition, which is currently in its prototype phase. @EconomicTimes+1@EconomicTim
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Amritsar hooch tragedy: 15 dead, a dozen critical; death toll likely to rise
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At least 17 people have died and six have been hospitalized in the Majitha sub division of Punjab’s Amritsar district after consuming spurious liquor. Nine accused individuals have been arrested and four officials, including the local excise and taxation officer (ETO) and deputy superintendent of police, have been suspended. The deaths were reported in Bhangali.
Patalpuri, Marari Kalan, and Therewal villages. A police probe revealed that methanol was procured in bulk online to prepare the hooch. State finance minister Harpal Singh Cheema placed the Majitha sub division excise and taxation officer (ETO) and inspector with Amritsar immediate effect for negligence. The main suppliers, Prabhjit Singh and Sahib Singh, have.
Been arrested from Rajasansi. The police are tracing and seizing each packet and a case has been registered under the Bharatiya Nyaya Sanhita and the Excise Act.Union minister Ravneet Singh Bittu has criticized Chief Minister Bhagwant Mann for his anti-addiction campaign, claiming it is a “political theatre.” Bittu criticized the Aam Aadmi Party government’s Yudh.
Nasheyan De Virudh campaign, which he called “political theatre” and criticized the Mann government’s history with alcohol. He argued that the fight against addiction should be sincere, as the liquor mafia rules and people are dying. Bittu argued that Punjab needs action, not slogans. The issue of the hooch tragedy in Amritsar, Punjab, has been a topic of discussion.
In recent days. The incident has led to the release of high-quality satellite images showing destruction by Indian strikes at Pak military sites. The situation has also led to the launch of the United Airlines Dreamliner with luxury business class studio suites. Bittu also highlighted the availability of smartphones and tablets, including the Samsung Galaxy A55 5G, which.
Amritsar, May 14, 2025 — A devastating hooch tragedy has rocked the Majitha area of Amritsar district in Punjab, claiming at least 15 lives so far, with over a dozen individuals battling for survival in critical condition. The incident, which unfolded over the past 48 hours, has Amritsar triggered widespread panic and anger among locals, with fears that the death toll could rise as more victims are being admitted to hospitals with deteriorating health.
According to police and health officials, the victims had consumed spurious liquor allegedly distributed in local villages, including Chogawan and Daburji. Many started showing symptoms such as vomiting, blurred vision, and unconsciousness soon after consumption. Several have been referred to Guru Nanak Dev Hospital in Amritsar for emergency treatment.
Initial investigations suggest that the illicit liquor may have contained high levels of Amritsar hooch tragedy: 15 dead, a dozen critical; death toll likely to rise methanol, a toxic industrial alcohol often used to increase the potency of bootleg alcohol but extremely lethal when consumed. Punjab Police have detained at least six individuals in connection with the tragedy. special investigation team (SIT) has been constituted to probe the supply chain and distribution network behind the spurious liquor.
The Punjab government has promised strict action, with Chief Minister Bhagwant Mann expressing condolences to the bereaved families and ordering a thorough investigation. “Those responsible for this horrific crime will not be spared,” he said in a press statement. The tragedy has reignited concerns over the illegal liquor trade in Punjab, which has claimed.
Numerous lives in recent years despite repeated crackdowns. Civil society groups and opposition leaders have criticized the administration’s failure to prevent such incidents, calling for stronger enforcement and grassroots awareness campaigns As rescue operations and medical treatments continue, the community remains on edge, mourning the lives lost to another preventable tragedy.
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Sunny Doel was roped in for Jaap after this Tollywood actor declined it, reveals director

Director Gopichand Malignin disclosed in a recent interview that Jaap was not initially approached by Sunny Doel as an actor. This is his statement Tollywood filmmaker Gopichand Malignin’s first Bollywood film, Jaap, starring Sunny Doel, was first offered to another actor. He disclosed in an interview with TeluguOne that Nantaimori Balakrishna rejected his first pitch.
For the movie. (Also Read: Everything we know about Balakrishnan’s important part in Rajinikanth-Nelson Dilipkumar’s Jailer Sunny Doel in a shot from Jaap, the first Bollywood film directed by Gopichand Malignin Sunny Doel in a shot from Jaap, the first Bollywood film directed by Gopichand Malignin Balakrishnan was initially presented with Jaap The much.
Anticipated action drama Jaap has been generating significant buzz ever since veteran Bollywood actor Sunny Doel was announced as its lead. But in a recent revelation, the film’s director disclosed that Doel was not the first choice for the role. In fact, the role was initially offered to a leading Tollywood star who eventually turned it to the on down.
Speaking candidly in a promotional interview, director Rajeev Verme revealed, “The character of Jaap was envisioned as a rugged, emotionally complex figure with deep-rooted ties to justice and personal redemption. We originally approached Telugu superstar Rana Decubiti because of his towering screen presence and intense acting chops. Rana loved the script but had to.
Verme added that the casting team had a shortlist of actors who could embody the gritty charisma required for Jaap. “It wasn’t an easy role to fill. We needed someone who could carry the emotional depth while also delivering the kind of action that feels both raw and real. When Rana couldn’t come on board, we went back to the drawing board. That’s when Sunny sir’s.
Sunny Doel, known for his intense performances in iconic films like Ghazali, Gadara, and Border, was apparently enthusiastic about the role from the very beginning. Verma recalled, “When we approached Sunny sir, he immediately connected with the story. He said the character reminded him of the kind of roles he did in the early 2000s, but with a fresh narrative.
According to sources close to the production, Sunny Doel underwent a month-long physical transformation to get into the skin of Jaap. He also trained in a specific style of hand-to-hand combat choreographed by South Korean action directors. The film blends traditional Indian storytelling with an international cinematic style, something Verme believes Doel was able to.
The film, set against the backdrop of a fictional northern town gripped by political corruption and organized crime, follows Jaap, a former police officer who returns from exile to uncover the truth behind a string of mysterious murders tied to his past. With a layered screenplay and action set-pieces designed for the big screen, Jaap is expected to be one of major pan-India.
While fans of Tollywood might wonder what the film would’ve looked like with Rana Daggubati in the lead, Verma is confident that the right decision was made. “Everything happens for a reason. Rana was gracious and supportive even when he declined. But Sunny Deol has brought something rare to the character—something visceral and grounded.”
Jaap is slated for release later this year and will be available in Hindi, Telugu, Tamil, and Malayalam. With a power-packed star cast and a gripping narrative, the film promises to be a thrilling cinematic experience As for Sunny Doel, this could mark yet another high point in a career that continues to evolve, decades after his debut. Fans are already counting down.
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