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HCL Technologies was up 4% to Rs 995  on the NSE in early morning trade after the company said on Monday after market hours that it will consider share buy-back on July 12.The announcement comes within a month of Tata Consultancy Services (TCS), the country's largest software exporter, declaring an Rs 160 billion share buy-back programme at Rs 2,100 a share.HCL Technologies had last year offered buy-back of shares at Rs 1,000 apiece, a 17% premium over its prevailing trading price at that time. For expert advice click here: CapitalHeight.


    Bandhan Bank, which hit a new high of Rs 585, up 5% on Tuesday, was trading at its highest level since listing on March 27, 2018. The stock gained 54% over the issue price of Rs 375.Since April 26, post FY18 results, Bandhan Bank has outperformed the market by surging 16% after the private sector lender reported 21% year on year (YoY) growth in net profit at Rs 13.46 billion. Net interest income grew 26% at Rs 30.32 billion over the previous fiscal.

     IndusInd Bank's net profit grew 23 percent to Rs 1,035.7 crore in the first quarter of financial year 2018-19, exceeding analyst expectations. Net profit in the April to June quarter a year ago in FY17-18 stood at Rs 836.5 crore.Gross non-performing assets (NPAs) as a percentage of total loan rose marginally to 1.15 percent as compared to 1.09 percent a year ago and 1.17 percent in the previous quarter ending March 2018.Net NPAs were at 0.51 percent from 0.44 percent in the same quarter last year and 0.51 percent in the previous quarter.
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