Contents
10:00 AM
RVNL emerges as lowest bidder for project of Rs 133 cr; shares up over 2%
Rail Vikas Nigam Limited (RVNL) shares surged as much as 2.40 per cent to hit an intraday high of Rs 421 per share on Wednesday. The uptick in stock price came after RVNL announced that it has emerged as lowest bidder (L-1) for a contract worth Rs 133 crore from Central Railway. READ MORE
9:57 AM
HDFC Bank rallies 4%, hits record high as foreign holding slips below 55%
Shares of HDFC Bank hit a record high of Rs 1,794, surging 4 per cent on the National Stock Exchange (NSE) in Wednesday’s intraday trade, after foreign portfolio investor (FPI) holdings in the private sector lender dropped below 55 per cent at the end of the June 2024 quarter. This drop in foreign ownership has helped the bank meet the criteria for increase in weight in the MSCI index. READ MORE
9:40 AM
Namita Thapar-backed Emcure Pharma IPO opens: GMP, price, apply or not?
The anchor book includes marquee investors such as HDFC MF, ICICI Pru MF, SBI MF, Abu Dhabi Investment Authority, Goldman Sachs Asset Management, Nomura, HDFC Life, ICICI Pru Life, SBI Life, Birla MF, Kotak MF, Nippon MF, Mirae MF, and IIFL WhiteOak. READ MORE
