HDFC will acquire 50.8% from the Apollo Hospitals group for Rs 1,336 crore and will buy out the 0.4% stake being held by the employees for Rs 10.84 crore
In June 2019, HDFC had signed agreement with Apollo Hospitals Group to acquire its 51.2 per cent stake in the health insurance company for Rs 1,347 crore
While TCS, HDFC Bank were the other firms which witnessed a decline in their m-cap for the week ended Friday, HDFC, HUL, ICICI Bank and Infosys emerged as gainers
Demonetisation, RERA, and GST did cause some uncertainty and people stopped buying homes, as they didn't see homes being delivered, says managing director of HDFC Renu Sud Karnad
The secured redeemable non-convertible debentures are to be allotted on a private placement basis on Friday for an issue size of Rs 2,500 crore, HDFC Ltd said in a regulatory filing on Tuesday
The effective date for listing of the commercial paper at the exchange is December 17, the exchange said in a media release
In the broader market, the BSE 30-share Sensex advanced 564.56 points or 1.39% last week
Experts rule this out as a hacking incident and say the outage could have been because of a heavy load on the bank's server
The Sensex advanced 434.40 points or 1.07 per cent last week
So far in the fiscal year 2019-20, the stocks have outperformed the benchmark. While HDFC has surged 17 per cent, HDFC AMC has zoomed 134 per cent till Tuesday.
Since September, FPIs have pumped in net amount of Rs 37,496 crore, while domestic mutual funds invested net amount of Rs 12,618 crore in equities, Sebi data shows.
Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor
Credit demand is firming up and coming from roads, solar power projects, and the oil and gas sector, particularly city gas projects in the case of SBI
SBI's market capitalisation on Friday stood at a low Rs 2.95 trillion, which is just about 42% of private sector HDFC Bank's Rs 7.02 trillion
I think a lot of NBFCs are still struggling for liquidity and have been meeting the liability requirement by selling loans, says Keki Mistry
Net interest income up 17%, PBT grows 30% and PAT jumps 61%; management still cautious about wholesale book
According to estimates by Narnolia Securities, the sale of GRUH Finance is expected to have generated around Rs 1,700 crore as at Q2FY20, providing "sufficient liquidity" to the HFC.
The market valuation of Tata Consultancy Services (TCS) jumped Rs 28,893.36 crore to Rs 8.27 trillion
9.89% stake of the total share capital of Bandhan Bank has been alloted to HDFC Ltd
Weekly Technical Recommendations by Religare Broking Ltd.