HDB Financial Services Ltd, the NBFC arm of HDFC Bank, is preparing to launch its ₹12,500 crore initial public offering (IPO) by mid-July 2025, according to sources quoted by Moneycontrol. This IPO is expected to be the largest of the year, surpassing the ₹8,750 crore public issue of Hexaware Technologies in February. The company is […]
Shares of Aditya Birla Capital Ltd saw a positive movement on Wednesday, June 11, after a large block deal worth ₹568 crore took place on the stock exchanges. As per reports, 2.34 crore shares, which make up 0.9 percent of the company’s equity, changed hands at ₹242.70 per share in a block deal window. The
Shares of Premier Energies Ltd, a leading solar energy company, rose in early trade on Monday, June 10, after a large block deal took place involving over ₹2,600 crore worth of shares. According to reports, 2.5 crore shares, equal to 5.54 percent of the company’s total equity, were traded at ₹1,052 per share in a
Shares of Wipro Ltd rose more than 1 percent on June 9 after a large block deal took place during the second block deal window of the trading session. This deal involved nearly 2 percent of the company’s total equity and was valued at over ₹5,000 crore. As per reports, around 20.23 crore shares, which
In its June 2025 monetary policy meeting, the Reserve Bank of India (RBI) announced a 50 basis points cut in the repo rate, bringing it down to 5.5 percent. This move, aimed at supporting economic growth, came amid global trade tensions and signs of softening inflation. The RBI also shifted its policy stance from ‘accommodative’
Indian stock market saw a rally in rate-sensitive sectors like banking, real estate, and automobile on Friday, June 6, after the Reserve Bank of India (RBI) surprised investors by cutting the repo rate by 50 basis points. This brought the key lending rate down to 5.5 percent, from 6 percent earlier. The RBI also shifted
Banking, Realty, Auto Stocks Rise as RBI Cuts Repo Rate by 50 bps to Boost Growth Read More »
Shares of Reliance Infrastructure Ltd rose over 11 percent on June 4, after the National Company Law Appellate Tribunal (NCLAT) put a temporary stop to insolvency proceedings against the company until July 18, the next hearing date. This relief comes after Reliance Infra challenged an earlier decision by the NCLT Mumbai Bench, which had admitted
Reliance Infrastructure shares rally 11% after NCLAT halts insolvency case till July 18 Read More »
Tata Technologies Ltd may witness a large block deal worth ₹634 crore during trade on Wednesday, June 4, as private equity firm TPG is likely to sell 2.1 percent stake in the company. As per reports, TPG will offload the stake through a block deal at a floor price of ₹744.5 per share, which is
TPG plans ₹634 crore block deal to sell 2.1% stake in Tata Technologies at discount Read More »
Shares of Ola Electric Mobility Ltd dropped more than 7 percent in early trade on Tuesday, June 3, following a big block deal worth ₹731 crore. About 14.22 crore shares, equal to 3.23 percent of the company’s equity, were traded at a price of ₹51.4 per share, which is lower than the previous day’s closing
Shares of Niva Bupa Health Insurance fell sharply by nearly 10 percent on Monday, June 2, after a major block deal took place on the stock exchange. Around 56.3 lakh shares of the company were traded in a single block transaction during the early market hours. At 9:15 am, the stock was trading at ₹83.24,
