Page 24 - Hdfc

HDFC advances over 3% as Q4 nos beat Street expectations, pares gains later

The mortage lender on Monday reported a 22 per cent decline in net profit at Rs 2,233 crore in the fourth quarter, compared to Rs 2,862 crore in the year-ago period.

Market Ahead, May 26: Top factors that could guide markets this week

Corporate results will continue to pour in throughout the week. Investors will first react to HDFC's and other results that were announced over the weekend

Housing firm HDFC Ltd profit declines 10% to Rs 4,342 crore in Q4

The company's net profit (before adjustment of minority interest) was Rs 4,811.26 crore in January-March quarter of 2018-19

HDFC Q4 standalone PBT down 27% to Rs 2,692 cr, revenue up marginally

The company said revenue was at Rs 11,975.72 crore, from Rs 11,580.05 a year ago.

HDFC to report Q4 nos today; here's what leading brokerages expect

Analysts see the net profit declining anywhere between 30 per cent and 70 per cent year-on-year (YoY) coupled with elevated asset quality concerns during the period under review

MARKET: Sensex slips 544 pts from day's high, ends 167 pts up; PSBs decline

All that happened in the markets today

Market Ahead, May 19: Top factors that could guide markets today

Today, 18 companies, including Bajaj Finance, Apollo Tyre, and Ujjivan Small Finance Bank, are scheduled to announce their March quarter earnings

Reduce stake in insurance subsidiaries to 50% or below: RBI to HDFC

HDFC's share price were down almost 8 per cent to Rs 1,512

Shareholders unhappy with virtual AGM concept, but little choice available

The Ministry of Corporate Affairs (MCA) had clarified earlier this month that it would be allowing the meetings to be conducted online because of Covid-19

RIL's valuation premium hits all-time high of 830 bps; stock rises over 3%

It is trading at nearly 28 times its trailing earnings per share against Sensex's 19.4

Market Wrap, April 29: Here's all that happened in the markets today

Among sectoral indices, Nifty Metal index was the top gainer - up 3.74 per cent at 1,724 levels, followed by Nifty Financial Service index (up 3.43 per cent)

HDFC invokes pledged shares to acquire 6.43% stake in Reliance Capital

These shares were acquired pursuant to invocation of pledge by security trustee on behalf of the corporation, which was pledged against a loan given by the lender in its normal course of business

HDFC cuts prime lending rate by 15 bps; move to benefit home loan customers

The reduction in rate comes after the RBI provided a boost to the banking system through its policy measures and also introduced a targeted long term repo operation (TLTRO)

Ending opportunism

Govt right to crack down on strategic investments from China

Chinese investment into Indian markets amid meltdown draws Sebi's attention

The issue surfaced after the shareholding pattern disclosed by HDFC showed the People's Bank of China had hiked its stake in the mortgage lender during the March quarter

Market Ahead, April 13: Top factors that could guide markets this week

HDFC will be in focus in today's session after the People's Bank of China increased its stake in the lending major to 1.01 per cent

China central bank hikes stake in HDFC amid a sharp correction in shares

Sources say PBoC may have increased its stake by 0.2 percentage points in March

People's Bank of China picks up 1% stake in lending major HDFC

The People's Bank of China holds stakes in companies across the world, including BP Plc and Royal Dutch Shell Plc.

RBI should start buying corporate bonds to provide liquidity: Deepak Parekh

According to him, interest rates will go down further, but banks must pass them on to companies.

India may get $1.3-bn passive flow; MSCI EM weight may rise: Morgan Stanley

In October, the Indian government had issued a circular raising statutory FPI limit of Indian companies to the sectoral foreign investment limit