HSBC raises HDFC’s target price to Rs 2,500, says NBFC crisis to help co gain market share
Samvat 2074 was a good year for the equity market as benchmark and broader indices hit historic highs, but returns were in single digits. The Nifty, which was trading at 22.2 times forward earnings is now trading at 20 times. The Sensex gained 8 percent, while nifty surged 4 percent, but BSE Midcap and Smallcap indices, [.]
· Edelweiss Capital, a holding company of nine subsidiaries, plans to raise about Rs 609-693 crore from the primary market by issuing 8.4 million equity shares (including employee reservation of 0.2 million) in the price band of Rs 725-825.
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India and Russia signed two long-term support agreements for the sukhoi su-30mki combat aircraft fleet, which is the mainstay of the Indian Air Force (IAF).Pacts were also signed for maintenance and life-cycle support for other Russian-origin platforms, such as Mi-17.
HDFC’s to raise up to Rs 85,000 cr through debt securities.. Share on Facebook Share on Twitter.. Help us delete comments that do not follow these guidelines by marking them offensive. Let’s.
HDFC Securities has a buy call on the shares with a target price of Rs 2,096 over a one year horizon.. buy this NBFC mid-cap stock to gain up to 25%: HDFC Securities. The increasing share of.
MUMBAI: HSBC has raised target price on Housing Development Finance Corporation (HDFC) as it believes that the mortgage giant is well positioned for potential market share gains in the current uncertain environment. HSBC has raised target price to Rs 2,500 from Rs 2,195 and maintained `buy’ rating.
· Total income grew 6% to Rs 281 crore from Rs 265.8 crore, while net interest income grew 14% to Rs 109.3 crore that is the good amount of any non-banking finance company. "The second quarter results were as per expected lines where we centred on retaining pricing discipline and handling costs to unlock shareholder value.
The government has set a reserve price of Rs 510 per share for the Oil India offer for sale. The issue opens today and the government hopes to rake in Rs 3000 crore from the stake sale. Auto sales January auto sales numbers will be declared today. CNBC-TV18 estimates indicate a slow start to 2013 with car industry volumes declining 8-10%.
Financial Contrast: Community First Bancshares (CFBI) vs. Frederick County Bancorp (MD) (FCBI) He nas financially supported a number of publications and television shows whici had. was found caicTully Jjidden near the fcbi uurh 24, 1904 scene of the crime. Senator Mil- lard Tydings of Maryland, as is re- corded in Senate journals.. Inc. The First National Bank of Dallas has lent heavily to Bright Star; the First.What is the Cost of Waiting Until Next Year to Buy? [INFOGRAPHIC] The cost of waiting to buy is defined as the additional funds it would take to buy a home if prices & interest rates were to increase over a period of time. Freddie Mac predicts interest rates to rise to 5.1% by the end of 2019. corelogic predicts home prices to appreciate by 4.8% over the next 12 months.