Page 15 - Hdfc

HDFC Bank cuts MCLR by 10 bps across tenors, effective from today

After the rate reduction, its overnight MCLR stands reduced to 7%, while one-month MCLR is 7.05%, according to the HDFC Bank website

HDFC launches Rs 14,000 crore QIP at floor price of Rs 1,838; stock up 1.5%

The floor price is at a 3.5 per cent premium of Wednesday's close price. The company will use part of fresh capital for funding inorganic opportunities and investments in existing group businesses.

HDFC to raise Rs 14,000 crore, fixes Rs 1,838 as floor price for QIP

Mortgage lender will use part of capital to fund inorganic opportunities and investments in existing group businesses

HDFC's pre-tax profit dips 9.5% to Rs 3,607 cr in Q1, NII at Rs 3,392 cr

Net profit of the lender was down 4.73 per cent to Rs 3,051.52 crore versus Rs 3,203.10 crore in the same period last year

HDFC Q1 PAT dips 5% YoY to Rs 3,051 cr; Board approves to raise Rs 45K cr

The HFC's revenue from operations stood at Rs 13,017.68 crore for the quarter under review, compared Rs 12,990.29 crore earned in the previous year quarter

F&O Expiry: Financials drag indices, Sensex falls 335 pts; HDFC slips 4%

All that happened in the markets today

Market Ahead, July 30: All you need to know before the opening bell

The quarterly results announcement by Reliance Industries and HDFC will be the major market mover today. Analysts expect a dent in RIL's retail and energy verticals in the June quarter

Market Ahead, July 27: Top factors that could guide markets this week

This week, domestic equity markets will largely be steered by corporate earnings, developments on US-China relations front and Covid-19 trends

Financial stocks crack; Nifty Bank tanks 4%; Axis Bank, SBI slide up to 5%

That apart, NBFC stocks such as Bajaj Financial Holding, Bajaj Finserv, M&M Finance, Choldamandalam Investment and Finance Company, and Bajaj Finance tumbled up to 5 per cent

HDFC plans to seek shareholders' approval to raise Rs 45,000 crore

The board of directors of HDFC Ltd will meet on July 30 to announce the quarterly results for the first quarter ended June of the current fiscal, it said in a regulatory filing.

Top headlines: PBOC sells stake in HDFC, Vikas Dubey killed & more

Here are the top headlines of the day

HDFC's board approves raising up to Rs 14,000 cr through various means

The funds will be raised through issuance of equity shares or compulsorily-convertible debentures, non-convertible debentures along with warrants, foreign currency convertible bonds

Pullback on the higher side likely if Nifty holds 10k: Nilesh Jain

The momentum oscillator MACD has provided buy crossover on the Nifty's hourly chart

Fears about India's retail loan defaults overblown, says Macquarie

"the unanimous feedback has been that there has been a decline in the total loan book under moratorium from the 25-30% numbers reported as of end-May," analysts led by Suresh Ganapathy wrote in a note

HDFC cuts prime lending rate by 20 bps, move to benefit home loan customers

Following the rate cut, the new rates of HDFC will be in the range of 7.5% to 8.5%

HDFC plans to raise up to Rs 4,000 cr via bonds; stock ends 1.25% lower

The issue, set to close on the same date (June 15), will offer coupon rate of 7.25 per cent per annum payable annually. The date of redemption is June 17, 2030.

Financial sector drags down Nifty's P/B value below historical average

Index trading at price-to-book ratio of 2.9x, compared to 20-year average of 3.5x

HDFC offloads 26 million shares worth Rs 1,274 crore of HDFC Life

According to bulk deal data available with the BSE, a total of 26,000,000 shares of HDFC Life Insurance Company were sold by its promoter HDFC

Nifty zooms 1,000 points in just 9 trading sessions; HDFC Bank shines

Interestingly, all the 50 Nifty components have delivered positive gains during this period.

Corona warriors for markets: Ambani, Adani stocks rise most since lockdown

The Bajaj group is the only one on the list of 12 conglomerates to be down - 1 per cent - since the lockdown came into effect, thanks to the hammering of stocks of non-banking financial companies.