Stop-loss: Rs 570 Target: Rs 665 The stock is in a clear uptrend, consistently forming higher highs and higher lows. After a brief consolidation phase, it has delivered a fresh breakout supported by strong volume, indicating renewed buying interest. The bullish setup is further confirmed as the price is trading above all major EMAs of…
Markets remained subdued for yet another session on Friday and ended largely flat. In today’s trade, shares of Eternal, Marico, Adani Enterprises, HAL, Bandhan Bank among others will be in focus due to various news developments and fourth quarter results. EternalFood delivery company Eternal (formerly Zomato) saw its net profit fall by 78% year-on-year (YoY)…
While earnings season has started, HDFC Bank’s earnings on Saturday, April, 19, 2025 will be a curtain raiser for the BFSI pack. Brokerage Motilal Oswal FInancial Services (MOFSL) remains bullish on banks, expecting outperformance. NBFCs could pivot back to growth, it said. Based on reasonable valuations and a healthy growth outlook, MOFSL has curated a…
Mumbai: General Atlantic is set to sell up to a 5.1% stake in PNB Housing Finance through an open market transaction on Wednesday. According to a term sheet issued by IIFL Securities, General Atlantic Singapore Fund FII Pte will sell 1.33 crore shares at a floor price of Rs 775 apiece, aiming to raise Rs…
As of March 2024, General Atlantic Singapore Fund FII PTE owned 9.82% stake in the company while Asia Opportunities V (Mauritius) owned 9.88% stake in the company. Societe Generale was among the buyers in the deal and bought shares worth ₹94.82 crore. Source link
Shares of PNB Housing Finance dropped over 8% to the day’s low at Rs 724 in Wednesday’s trade on BSE following a large block deal in which 2.7% equity changed hands. The specific buyers and sellers involved in the transaction remain undisclosed. However, media reports suggest that Asia Opportunities V Mauritius and General Atlantic Singapore…