Stocks Under Focus & Releasing Q1 Earnings: HDFC, ITC, BoB, Zomato & More

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Stocks Under Focus & Releasing Q1 Earnings: HDFC, ITC, BoB, Zomato & More
Credit: © Reuters.

By Malvika Gurung

Investing.com -- HDFC (NS: HDFC ): The country’s largest mortgage lender has raised its benchmark lending rate by 25 basis points, w.e.f. August 1, 2022, making loans costlier for customers.

Dr. Reddy’s Laboratories (NS: REDY ): The pharmaceutical giant has agreed to acquire rights of the US-based pharma company Slayback Pharma’s Brimonidine Tartrate Ophthalmic Solution 0.025%, used for relieving eye redness. 

Bank of Baroda (NS: BOB ): The public sector lender will divest up to a 12.5% stake in IndiaFirst Life Insurance Company via offer for sale in the insurer’s IPO or through any other means.

Yes Bank (NS: YESB ): The private lender has announced a fundraising of $1.1 billion from private equity investors, Carlyle and Advent International, making it one of the largest private capital raises by a domestic private bank.

Zee Entertainment (NS: ZEE ): The proposed merger of Zee Entertainment and Culver Max Entertainment has been authorized by the two exchanges NSE and BSE.

Some Companies Releasing Q1 FY23 Earnings on Monday

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  • Krishna Kumar @Krishna Kumar
    Zomato loss increase 2 fold stock will be available at 35 in 3 days time
    Like 3

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