HDFC Bank shares: During the past week, there was notable buying activity in HDFC Bank shares. Within this period, the share price of HDFC Bank increased by 6 percent, leading to speculation that the large-cap banking stock may be transitioning out of a base-building phase following its merger with HDFC Ltd. Experts anticipate that HDFC…
JSW Energy Limited has garnered Rs 5,000 crore through the sale of shares to institutional investors. Such investors include the Abu Dhabi Investment Authority (ADIA), which aimed to expedite its expansion strategies. In a regulatory disclosure made on Friday, the company announced the successful conclusion of its Rs 5,000-crore Qualified Institutions Placement (QIP). JSW Energy…
Gold and silver price: On Saturday, gold prices experienced a modest decline. The price of 24-carat gold stands at At Rs.7211.8 per gram, indicating a decrease of Rs.91.0. Similarly, 22-carat gold is priced at Rs.6606.0 per gram, reflecting a decrease of Rs.83.0. Over the last week, the price of 24-carat gold has experienced a decrease…
HDFC ADR: On April 4th, the HDFC Bank American Depository Receipt surged by 7% following its announcement of a robust business update for the fourth quarter. Notably, the bank’s ADRs outpaced all other Indian ADRs in performance. The banking stock listed on the NYSE climbed to an intraday high of $60.42, marking a significant increase…
Suzlon Energy shares: On Friday, Suzlon Energy Ltd’s shares extended their decline for the second consecutive session. The stock was observed trading 0.77% lower at Rs 42.70. Despite this, the stock, which has been a multi-bagger, has surged by 425.86% over the past year at this price. In a recent filing with the BSE, the…
Marico: On April 5, Marico shares increased 3% as investors celebrated the company’s encouraging business updates for the fourth quarter that concluded in March. At 1:16 PM, Marico shares were priced at Rs 503.05 on the NSE. In its Q4 update, the company reported that its international operations have resumed strong double-digit growth in constant…
Vedanta, a conglomerate dealing in metals and oil, announced on Thursday its plan to raise Rs 2,500 crore ($299.6 million) via way of debt instruments. The funds will be raised via the issuance of non-convertible debentures through private placement. The purpose for which the funds will be utilized was not specified by the company led…
Dabur India shares fell over 4 percent after the company announced moderate growth in earnings for the January-March period. The stock fell 4.5 percent to 507 on the National Stock Exchange (NSE) at 1:38 pm. The company’s India operations and home and personal care segments are expected to grow in high-single digits, the company said…
HDFC Bank: Foreign Portfolio Investors (FPI) dumped shares of HDFC Bank Ltd in the last quarter, the latest dividend data available on the stock exchange showed. 2,663 FPIs in total held 3,14,19,30,208 shares or 47.83 percent in the third most valuable company on Dalal Street at the end of the March quarter, the data showed…
Hindustan Zinc: During afternoon trading on April 3, Hindustan Zinc Limited experienced a significant surge of 4.6 percent in its shares. This increase followed the company’s announcement of its highest-ever quarterly refined metal production, reaching 273 kilotonnes (KT) in March. This achievement was attributed to improved plant availability. In the March quarter, mined metal production…
