IndusInd Bank's stock surged over 3 on the BSE, reaching a 52-week high of ₹1,413.55 per share, driven by the bank's robust Q1FY24 business update. During Q1FY24, IndusInd Bank reported a notable 21 growth in net advances, reaching ₹3,01,041

HDFC Bank reported that its advances, which represent its loans and credit extended to customers, amounted to approximately ₹16.15 lakh crore for the quarter ending June 30. This reflected a year-on-year increase of nearly 15.8 compared to ₹13.9

Housing Development Finance Corporation (HDFC) will be replaced in both the Nifty 50 and Nifty 100 indices. Jindal Steel & Power will take HDFC's place in the Nifty 100 index, while also replacing LTIMindtree in the Nifty Next 50 index. LTIMin

The boards of HDFC Ltd and HDFC Bank Ltd had approved their merger on June 30, 2023 to create the fourth most valuable bank by market capitalization. Under the terms of the merger agreement, HDFC Ltd will merger into HDFC Bank Ltd effective July 01,

Late on the night of July 04, 2023, the issuer, PKH Ventures IPO, decided to cancel its IPO due to weak market conditions and a very tepid response to the IPO. The overall IPO got just 65 subscription till the close. While the retail portion got jus

IndusInd Bank's Stock Hits New 52-Week High at ₹1,394. The increase came after the announcement that its promoter, IndusInd International Holdings Limited (IIHL), received approval from its board to increase its ownership in the bank. IIHL, the

Avenue Supermarts, the leading operator of DMart retail chain in India, has announced impressive standalone revenue figures for the first quarter of FY24. The company achieved a noteworthy standalone revenue of ₹11,584.44 crore, marking a significa

Bajaj Finance surged 8 in the early trade on July 4th following the positive financial results for the quarter ending June 2023. The company's customer franchise reached 72.98 million by June 30th, compared to 60.30 million in the same period last y

Lupin, a Mumbai-based pharmaceutical company, received USFDA approval for Cyanocobalamin Nasal Spray, a generic version of Nascobal Nasal Spray by Par Pharmaceutical. This medication helps patients with pernicious anemia maintain normal vitamin B12 l

HMA Agro Industries IPO had a strong listing on 04th July 2023, listing at a premium of 6.84 on the NSE but closed below the IPO price. One can almost say that the stock had select a robust trading day to list as the Nifty was up 65 points and the S

The ₹379 crore of PKH Ventures IPO, consisted of a fresh issue and an offer for sale for the said amount. The fresh issue portion was worth ₹270 crore while the OFS was worth ₹109 crore. The IPO saw tepid response on Day-1 and Day-2 of the IPO

Just a couple of days after the HDFC merger with HDFC Bank became effective, even IDFC has announced that IDFC Ltd would be merging with IDFC First Bank Ltd in the ratio of 155:100. In other words, shareholders of IDFC Ltd will get 155 shares of IDFC