Stocks Under Focus: HDFC Twins, Coal India, NTPC, Eicher, IRCTC & More

  • Stock Market News
Stocks Under Focus: HDFC Twins, Coal India, NTPC, Eicher, IRCTC & More
Credit: © Reuters.

By Malvika Gurung -- HDFC (NS: HDFC ): The mortgage lender has raised its benchmark lending rate by 25 basis points, coming into effect from Aug 9, 2022. This is the sixth rate hike undertaken by the lender in two months.

HDFC Bank (NS: HDBK ): The private lending giant has partnered with the receivables discounting platform M1xchange for providing more liquidity to small businesses at competitive interest rates.

NTPC (NS: NTPC ): The country’s largest energy conglomerate will seek shareholders' approval for raising up to Rs 12,000 crore by issuing NCDs at its annual general meeting on August 30.

Apollo Hospitals (NS: APLH ): The healthcare chain has acquired a hospital asset from Nayati Healthcare and Research NCR in Gurugram for about Rs 450 crore.

HFCL (NS: HFCL ): The telecom company has partnered with Qualcomm (NASDAQ: QCOM ) Technologies for the design and development of the telecom gear maker’s 5G millimetre wave FWA CPE products.

Zensar Technologies (NS: ZENT ): Amansa Holdings has sold 6.02 lakh equity shares of the software and services company or 0.27% stake in it through open market transactions, reducing shareholding to 3.56% from 3.83%.

Some Companies Releasing Q1 FY23 Earnings on Wednesday

  • Coal India (NS: COAL )
  • Eicher Motors (NS: EICH )
  • Hindalco Industries (NS: HALC )
  • Pidilite Industries (NS: PIDI )
  • Tata Consumer Products (NS: TACN )
  • Indiabulls (NS: INBF ) Housing Finance
  • Zydus Lifesciences (NS: ZYDU )
  • Steel Authority of India Ltd. (NS: SAIL )

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  • Gopal Agarwal @Gopal Agarwal
    zensar and fsl, both are worst companies. once up get out of these stock for always.
    Like 2

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