NTPC shares reach a 52-week high after subsidiary NTPC Green

NTPC shares reach a 52-week high after subsidiary NTPC Green Energy selects four investment banks for IPO

NTPC shares: On Friday’s session, NTPC’s stock surged 3%, reaching a 52-week high. This uptick followed the announcement that its subsidiary, NTPC Green Energy, has enlisted the services of four investment banks to manage its upcoming initial public offering (IPO), which is valued at ₹10,000 crore, according to Moneycontrol. If successful, it would mark the…

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Bandhan Bank sees rating and target price slashed

Bandhan Bank sees rating and target price slashed by Jefferies following CEO’s resignation

Bandhan Bank: Jefferies brokerage downgraded Bandhan Bank Ltd.’s rating from “buy” to “underperform” after the bank announced on April 5 that its Managing Director and CEO, Chandra Shekhar Ghosh, would step down Upon the conclusion of his service in early July. The brokerage reduced the stock’s target price to Rs 170 from Rs 290, attributing…

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