So, if you analyse why money supply or deposit growth in the last two years has not kept pace with the amount of credit that has got created, it becomes very clear that partly it is because of the external account where capital flows have not been that strong, but mostly is because RBI has gone from maintaining an excess liquidity situation into a liquidity shortfall.
Kotak Equities downgrades HCL Tech to reduce, says shares are fully valued (19-09-2024)
HCL Tech Share Price: Kotak Institutional Equities downgraded HCL Technologies to “reduce,” citing full valuations and growth headwinds, while noting potential recovery in FY2026.
JSW MG bets on EV revolution with bold Windsor pricing (19-09-2024)
Stepping up the competition in the electric vehicle (EV) market, JSW MG Motor on Wednesday launched its electric crossover sport utility vehicle (SUV) Windsor with a new and ‘aggressive’ pricing model, an assured buyback plan, a lifetime battery warranty, and free public charging for one year. Under this new battery-as-a-service (BaaS) pricing model, customers can purchase the Windsor at a starting price of Rs 9.99 lakh (ex-showroom) and then pay a battery usage fee of Rs 3.5 per kilometre (km).
Hitech Corporation Ltd leads gainers in ‘B’ group (19-09-2024)
Gautam Gems Ltd, AGI Infra Ltd, Butterfly Gandhimathi Appliances Ltd and Alankit Ltd are among the other gainers in the BSE’s ‘B’ group today, 19 September 2024.
India to ensure sufficient charging infrastructure to support massive adoption of electric vehicles (19-09-2024)
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ACC shares fall 1.6 per cent in Thursday’s trading session (19-09-2024)
The Relative Strength Index of the stock stood at 50.35 on Thursday.
NSE SME Excellent Wires and Packaging disappoints on listing day (19-09-2024)
NSE SME Excellent Wires and Packaging were trading at Rs 81.25 on the NSE, a discount of 9.72% compared with the issue price of Rs 90.
Vodafone Idea shares crash 15% as SC rejects AGR plea (19-09-2024)
Vodafone Idea Share Price: Shares of Vodafone Idea fell 15% to Rs 10.96 on NSE after the Supreme Court rejected telecom companies’ request for re-computation of Adjusted Gross Revenue (AGR) dues. Vodafone Idea faces a burden of Rs 70,320 crore in AGR dues. Goldman Sachs has set a target price of Rs 2.5, indicating an 83% downside potential.
Aavas Financiers board okays raising funds of Rs 630-cr via NCDs; shares up (19-09-2024)
The rise in Aavas Financiers came after the company approved issuance of non-convertible debentures (NCDs) to raise Rs 630 crore.