Page 3 - Hdfc Securities

Kolkata-based Nephrocare India secures Rs 8.08cr in pre-IPO funding

Nephrocare India, a Kolkata-based comprehensive renal care institution, has raised Rs 8.08 crore in its pre-IPO round paving the way for its expansion plans, the company said on Friday. The funding saw participation from marquee investors, who include former HDFC chairman Deepak Parekh, HDFC Securities chairman Bharat Shah, and founder and MD of Macleods Pharmaceuticals Rajendra Agarwal, it said. The fresh infusion of capital will fuel Nephrocare India's target of establishing 22 high-end kidney care facilities across India by March 2026. Four centres are expected to be operational by the end of the current fiscal, the company said in a statement. Its long-term vision is to establish 300 Nephrocare centres across the country within the next 8-10 years. Highlighting the critical need for such expansion, company officials pointed out the vast demand for kidney care units in India, the statement said. With an estimated seven crore patients struggling with chronic kidney diseases and

Nifty, Sensex could see another 8-10% upside in 2024: HDFC Securities

The brokerage said its preferred sectors are large-cap banks, industrial and real estate, power, autos, pharma, OMCs, gas, and capital markets

HDFC Securities launches mobile trading app HDFC SKY on AWS cloud

Amazon Web Services (AWS) on Monday said HDFC Securities, which is among the leading investment service providers in India, has launched its mobile trading app, HDFC SKY on the AWS cloud. With AWS, HDFC Securities is expected to reduce its annual IT infrastructure and management costs by up to 50 per cent as compared to using on-premises infrastructure. AWS, Amazon's cloud computing unit, has recently outlined plans to invest USD 12.7 billion in cloud infrastructure in the country by 2030 as it looks to meet growing customer demand for cloud services. "AWS, an Amazon.com company, announced today that HDFC Securities Ltd., one of the leading investment service providers in India, launched its new mobile trading app, HDFC SKY, on the world's most comprehensive and broadly adopted cloud," according to the release on Monday. With AWS India as its preferred cloud provider, HDFC Securities is providing a secure and low-latency trading service for the growing number of tech-savvy retail .

Samvat 2080: Stock picks by HDFC Sec, Kotak Sec, ICICI Direct, JM Financial

Here's a list of Diwali picks recommended by top brokerage and research firms that can help you build your portfolio for Samvat 2080.

ER&D software firms navigate Q2 bends with growth arrows in sight

BCG and Nasscom's signposts point to 8-9% annual growth through 2030, India's share to take express lane

HDFC Securities sees BSE sustaining 3 times gains on derivatives boost

Shares of BSE on Thursday closed at a new record high of Rs 1,545, with a gain of 3.85 per cent over its previous close

Gold price jumps Rs 500, closes at Rs 60,150; silver rallies Rs 1,000

Gold price jumped Rs 500 to Rs 60,650 per 10 grams in the national capital on Wednesday amid strong global cues in international markets, according to HDFC Securities. In the previous trade, the yellow metal had finished at Rs 60,150 per 10 grams. "Gold prices jumped on Wednesday, following a positive trend in the overseas market," Saumil Gandhi, senior analyst of commodities at HDFC Securities, said. Silver also surged Rs 1,000 to Rs 74,700 per kilogramme. In the global markets, both gold and silver were trading higher at USD 1,937 per ounce and USD 23.10 per ounce, respectively. Comex gold surged to its highest level in four weeks as demand for safe-haven assets intensified after the Middle East turmoil widened, with hopes for a diplomatic resolution deteriorating after a deadly explosion in Gaza, Gandhi said.

Agilus Diagnostics files for IPO to raise funds via 142.3 mn shares

The diagnostics giant partners with ICICI Securities, Axis Capital, and Citigroup for public offering, aiming to sell equity shares held by key investors

HDFC Securities looks to gain active clients with a new trading app

With the launch, the broker will be competing with low-price broking services with a flat pricing of Rs 20 per all intraday trades and delivery

F&O Strategy: Bear spread on Bank Nifty, suggests HDFC Securities

Momentum Oscillators- RSI (11) has fallen below benchmark level of 50, which indicates bearish trend

Siemens: Here's why Bear Spread strategy may be profitable for this stock

Short-term trend of the Siemens turned weak as the stock price is trading below its 5,11 and 20-day EMA

F&O Strategy: Bear spread on Bank Nifty, suggests HDFC Securities

RSI has fallen below benchmark level of 50 for Bank Nifty, indicating a bearish trend, says Nandish Shah of HDFC Securities

Broking industry revenues could be healthy in FY24, says Dhiraj Relli

As trading volumes are likely to be firm, broking industry revenues could be healthy in fiscal 2023-24 (FY24), even as the yields may not have much further to fall

Godrej Properties: Bull Spread Strategy apt for July expiry; here's why

The stock of Godrej Properties saw 1 per cent addition in Open Interest (Prov) on Thursday, July 13, with price rising by 1.40 per cent

HDFC twins' merger may take effect July 1; boards to meet on June 30

HDFC shares will not be traded after July 13

HDFC Sec sees up to 16% upside in Firstsource Solutions, Marico; check why

Midcap IT as a sector has been outperforming and the same is expected to continue

Hold longs on Nifty with a stop at 17,500: HDFC Securities

Among individual stocks, Vinay Rajani the technical & derivative analyst recommends to Buy Ircon International and ABFRL.

HDFC Securities picks two stocks with bullish breakout patterns; Check here

The stock of Bank of Baroda is on the verge of breaking out from the symmetrical triangle

Here's why Vinay Rajani is bullish on Pidilite Industries, Delhivery

Among individual stocks, the technical & derivative analyst from HDFC Securities recommends to buy Pidilite Industries and Delhivery

Nandish Shah of HDFC Securities suggests Bull Spread strategy on M&M Fin

The primary trend of the stock is bullish as it trades above its 50, 100 and 200 day-EMA