In its draft red herring prospectus (DRHP) dated July 7, the depository said the IPO will see sales of 57.3 million shares by its six shareholders
Shares of HDFC Bank gained 3.2 per cent on the BSE in Monday's intra-day trade to hit a fresh record high of Rs 1,758 apiece
Stocks to Watch on Monday, July 3: Post the approval of the merger between HDFC Bank and HDFC, the trading window in HDFC Ltd will remain closed till July 13
HDFC Bank's weight in the Nifty Bank index may rise from the current 26.3 per cent to 27.3 per cent
At 10:27 AM; with a market cap of Rs 3.02 trillion, Axis Bank stood at the 17th position in overall ranking of the BSE listed companies, data shows.
Merged entity to have far lower weighting than expected
CLOSING BELL: The gains in benchmark indices were led by HDFC Life (up 6.4 per cent), Wipro, ICICI Bank, Titan, Axis Bank, SBI, Hero MotoCorp, Grasim, and Adani Ports
HDFC Bank shares: Analysts believe a re-rating in the stock would happen as and when more clarity emerges on the smooth merger with HDFC Ltd
Stocks to Watch: Infosys delivered a weak performance in Q4 as its profit declined 6.9 per cent on a sequential basis, while revenue dropped 2.3 per cent QoQ
HDFC Bank preview: Near-term focus, analysts said, would be the status of the merger with HDFC Ltd
An unchanged repo rate may propel rate sensitive stocks to rise up to 15 per cent
Descending Triangle breakdown on Nifty Bank index may see up to 5% decline
The move will help increase the investment legroom in the merged entity, which could lead to higher passive flows from global index trackers, said analysts
Analysts expect HDFC Bank's stock to perform gradually until the margin profile revives, and the merger-related overhang eases
HDFC Bank's stock to turn bearish only beneath the support of Rs 1,500
Outlook on margin trajectory, asset quality in Agri/Unsecured book, and commentary around credit cards, traction in fee income, and the merger with HDFC will be the key monitorables, analysts said
From Airtel Payments Bank's COO Ganesh Ananthanarayanan to Parag Rao, Country Head for Payments Business, Consumer Fin, Digital Banking at HDFC Bank, here are panelists from digital & payment banks
From a long-term perspective, they see up to 40.4 per cent upside in HDFC Bank's stock as growth outlook remains intact
The adhesive maker's inclusion to be ad hoc; analysts divided over treatment around HDFC's removal
The trend seems buoyant on the weekly chart with the 200-WMA, placed at Rs 1,285-level, acting as a major support for the stock.