I think they will take another quarter or a couple of quarters for this to consolidate. Plus, they have the spectre, both Kotak and HDFC Bank have the spectre of this new draft circular from the RBI which says that their sub-entities which are NBFCs which are lending in the same space, they should find a way to consolidate or perhaps lend through one entity
ACC stock price up 0.29 per cent as Sensex slides (21-10-2024)
As of 30-Sep-2024, promoters held 50.05 per cent stake in the company, while FIIs held 5.51 per cent and domestic institutional investors had 15.35 per cent.
PNC Infratech Ltd (21-10-2024)
Sadly, yes. 10 lakhs worth of a bribe, and its gonna cost the company, and its investors crores. But, the silver lining of this whole thing is they can still bid in state orders, and win those at the cost of lower margins. The NHAI/MORTH ordering is quite slow anyway. The only way out of this is to diversify.
Neobrands enters musical instruments market with budget-friendly ‘Akkord’ line; Stocks in red (21-10-2024)
The brand’s initial lineup includes guitars, ukuleles, and keyboards targeting both beginners and professional musicians
HDFC Bank jumps after Q2 PAT rises 5% YoY to Rs 16,821 cr (21-10-2024)
HDFC Bank rallied 3.53% to Rs 1,740.45 after the company reported 5.29% increase in standalone net profit to Rs 16,820.97 crore in Q2 FY25 as compared with Rs 15,976.11 crore in Q2 FY24.
Stock market update: Stocks that hit 52-week highs on NSE (21-10-2024)
GFL Ltd., Pilani Invest, Nalwa Sons Invst, SIL Investments and OrientalAromatics, hit their fresh 52-week highs at 10:44AM.
What The Retail Investor Must Know (21-10-2024)
Many are attracted by the potential for large gains, but don’t necessarily seem to understand that a single trade gone wrong can wipe out their accumulated profits.
Bank Nifty Prediction today – Oct 21, 2024: Trend us uncertain at this juncture, stay out (21-10-2024)
Bank Nifty futures is stuck between 52,000 and 52,800