Stocks to watch
HDFC Bank : The bank's gross advances fell 0.8% quarter-on-quarter at Rs 24.87 lakh crore, while the deposits were flat at Rs 23.79 lakh crore. CASA deposits were down 5% quarter-on-quarter at Rs 8.63 lakh crore for the end of the first quarter in FY25.
Raymond : The company approved the demerger of its real estate arm, Raymond Realty subject to approval of shareholders and regulators.
Poonawalla Fincorp : The lending company reported total disbursements at Rs 7,400 crore up 5% year-on-year, and AUM was up 52% at Rs 26,970 crore, for the end of the first quarter in FY25.
IDBI Bank : The bank's total business was up 15% year-on-year at Rs 4.71 lakh crore, while the deposits were up by 13% year-on-year at Rs 2.77 lakh crore. CASA deposits grew 5% year-on-year at Rs 1.34 lakh crore for the end of the first quarter in FY25.
Punjab National Bank : The bank's domestic advances were up 12.1% year-on-year at Rs 9.89 lakh crore, while domestic deposits grew 8.1% year-on-year at Rs 13.7 lakh crore. Global advances were up 12.7% at Rs 10.33 lakh crore and global deposits were up 8.5% at Rs 14.08 lakh crore for the end of the first quarter in FY25.
RVNL : The company signed a MoU with Delhi Metro Rail Corp for participation in upcoming projects in India and abroad.
Ircon International : The company’s JV received a Rs 750 crore order from RVNL for the installation of tracks in Uttarakhand. The company holds a 60% stake in the project.
Solar Industries India : The company’s step-down unit acquires a 73.99% stake in South Africa's Problast BS.
Mahindra Lifespace Developers : The company was selected as a preferred partner for the redevelopment of 7 residential societies in Mumbai.
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
