HDFC Bank, which retains a 94.6% stake in HDB, plans to sell shares valued at ₹10,000 crore, while HDB will issue fresh shares totalling ₹2,500 crore.
Posts tagged All News
Bullish Momentum: 3 stocks with White Marubozu Pattern on October 30 (31-10-2024)
Traders interpret it as a signal that buyers were in control from the opening to the closing, often using such patterns for informed decisions about future price movements in financial markets.
All E Technologies, making businesses ready for AI (31-10-2024)
He states it’s not a family business but a professionally managed company. I have a gut feeling he will sell the firm once he decides to retire.
Bought Swiggy shares over Rs 500 prior to IPO? Here’s what you can do (31-10-2024)
As Swiggy prepares for its IPO with a price cap of Rs 390 per share, early investors who bought shares at Rs 530 may face challenges due to a six-month lock-in period and a lower company valuation of $11.3 billion, reflecting market cautiousness.
Buy Arvind SmartSpaces, target price Rs 1,085: Axis Securities (31-10-2024)
Axis Securities recommends buying Arvind SmartSpaces with a target price of Rs 1,085. Current price is Rs 923.15. The company, a smallcap in real estate, reported strong income growth and net profit in the latest quarter. It aims for 30-35% growth in pre-sales and plans geographical expansion. Promoter stake is 50.17%.
HDFC Bank’s arm HDB Financial files papers for Rs 12,500 crore IPO (31-10-2024)
India’s HDB Financial Services, a non-banking lending unit of HDFC Bank, files for an IPO worth Rs 12,500 crore, with HDFC Bank selling shares worth up to Rs 10,000 crore. The proceeds are earmarked for capital requirements including onward lending, fulfilling regulatory requirements for listing NBFCs by September 2025.
Acme Solar Holdings fixes price band at Rs 275-289 for Rs 2,900 crore IPO. Check details (31-10-2024)
Acme Solar Holdings has announced a price band of Rs 275-389 for its upcoming initial public offering (IPO), set to open for public subscription on Tuesday, November 5, and remain available until November 8. Investors can bid for a minimum of 51 shares, with additional bids required in multiples of 51.
Paushak Ltd. – Alembic’s agrochemical business (31-10-2024)
Transcript of latest AGM: