On the sectoral front, Nifty PSU Bank stocks are trading with over 2% gains.
During Q3, HDFC Bank recorded a 4% growth in net interest income (NII) driven by a 4.9% sequential increase in gross advances
The equity issue is part of a board decision made in September last year to fund Rs 1,500 crore.
Recommendation: Add; Target price: Rs 149
ACC reported a substantial 375.10% rise in consolidated net profit for Q3FY24, reaching ₹537.63 crore
Ten Adani stocks are traded on exchanges, and various subsidiaries, including Adani Energy Solutions and Adani Power, witnessed positive momentum
Shareholders must pay Rs 50 each rights equity share upon applying.
Recommendation: Add; Target price: Rs 1290
The gross revenue in Q3FY24 increased 3.2% YoY to ₹2,48,160 crore, primarily driven by continued growth in consumer businesses
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