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Vedanta has best dividend yield among large-cap stocks Vedanta Ltd has the best dividend yield in the last 12 months among large-cap stocks at 31 per cent. As per a report by Axis Securities, it is followed by Hindustan Zinc at 25 per cent, Coal India at 10 per cent, ONGC at 8 per cent, and Power Grid and GAIL at 5 per cent. Among the mid-cap companies, Sanofi India, REC and Oil India have the best dividend yield at 8 per cent, followed by Power Finance Corporation and Oracle Financial Services at 6 per cent. Among the small-cap companie...
Vedanta has best dividend yield among large-cap stocks
Vedanta has best dividend yield among large-cap stocks
Source: IANS
17/07/2023 5:28:50 PM
Quote on IDFC Ltd & IDFC First Bank merger By Dr. V K Vijayakumar, Geojit Financial Services Below Quote on IDFC Ltd & IDFC First Bank merger 04 July 2023 By Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services IDFC’s proposed merger with IDFC Bank, on the line of the reverse merger of the parent HDFC Ltd with HDFC Bank indicates the consolidation happening in the Indian banking system. This is a healthy development. IDFC Bank has been constrained by its high cost borrowing and this high cost-income ratio has been weighing on pr...
Quote on IDFC Ltd & IDFC First Bank merger By Dr. V K Vijayakumar, Geojit Financial Services
Quote on IDFC Ltd & IDFC First Bank merger By Dr. V K Vijayakumar, Geojit Financial Services
Source: Geojit Financial Services
4/07/2023 4:49:27 PM
Lentra forays into Southeast Asia, aims $100 mn in ARR by 2024  Digital lending Cloud platform Lentra on Tuesday announced its entry into the South East Asian markets of Indonesia, the Philippines and Vietnam to cater to their growing lending needs. With this expansion, Lentra aims to reach $100 million in annual recurring revenue (ARR) by March 2024. The move follows the company's latest fundraise of $60 million in a Series B round led by Bessemer Venture Partners, Susquehanna International Group (SIG), and Citi Ventures. Lentra said i...
Lentra forays into Southeast Asia, aims $100 mn in ARR by 2024
Lentra forays into Southeast Asia, aims $100 mn in ARR by 2024
Source: IANS
14/02/2023 11:47:53 AM
IDFC MF introduces Crisil IBX Gilt April 2032 Index Fund IDFC Mutual Fund (MF) has launched IDFC Crisil IBX Gilt April 2032 Index Fund, an open-ended Target Maturity Index Fund investing in constituents of Crisil IBX Gilt Index - April 2032 with Relatively High interest rate risk and Relatively Low Credit Risk. The NFO opens for subscription on February 06, 2023 and closes on February 14, 2023. The Entry load and the Exit load is not applicable for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Re 1 thereafter. The p...
IDFC MF introduces Crisil IBX Gilt April 2032 Index Fund
IDFC MF introduces Crisil IBX Gilt April 2032 Index Fund
Source: IANS
6/02/2023 3:09:50 PM
IDFC hits 52-week high on reporting many fold jump in Q3 consolidated net profit IDFC is currently trading at Rs. 87.95, up by 3.45 points or 4.08% from its previous closing of Rs. 84.50 on the BSE. The scrip opened at Rs. 90.25 and has touched a high and low of Rs. 90.25 and Rs. 85.80 respectively. So far 2660370 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 90.25 on 02-Feb-2023 and a 52 week low of Rs. 42.25 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 90.25 and ...
IDFC hits 52-week high on reporting many fold jump in Q3 consolidated net profit
IDFC hits 52-week high on reporting many fold jump in Q3 consolidated net profit
Source: Accord Fintech
2/02/2023 2:25:36 PM
IDFC First Bank gains on reporting over 2-fold jump in Q3 consolidated net profit IDFC First Bank is currently trading at Rs. 59.45, up by 0.10 points or 0.17% from its previous closing of Rs. 59.35 on the BSE. The scrip opened at Rs. 61.25 and has touched a high and low of Rs. 61.85 and Rs. 59.10 respectively. So far 3022342 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 64.30 on 15-Dec-2022 and a 52 week low of Rs. 28.95 on 22-Jun-2022. Last one week high and low of the scrip stood at Rs....
IDFC First Bank gains on reporting over 2-fold jump in Q3 consolidated net profit
IDFC First Bank gains on reporting over 2-fold jump in Q3 consolidated net profit
Source: Accord Fintech
23/01/2023 3:37:22 PM
IDFC Mutual Fund introduces CRISIL IBX 90:10 SDL Plus Gilt - November 2026 Index Fund IDFC Mutual Fund (MF) has launched IDFC CRISIL IBX 90:10 SDL Plus Gilt - November 2026 Index Fund, an open-ended Target Maturity Index Fund investing in constituents of CRISIL IBX 90:10 SDL plus Gilt Index - November 2026 with Relatively High interest rate risk and Relatively Low Credit Risk. The NFO opens for subscription on November 14, 2022 and closes on November 16, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re...
IDFC Mutual Fund introduces CRISIL IBX 90:10 SDL Plus Gilt - November 2026 Index Fund
IDFC Mutual Fund introduces CRISIL IBX 90:10 SDL Plus Gilt - November 2026 Index Fund
Source: Accord Fintech
14/11/2022 4:39:20 PM
Infrastructure Development Finance Company gains on reporting 25% rise in Q2 consolidated net profit IDFC is currently trading at Rs. 79.45, up by 0.25 points or 0.32% from its previous closing of Rs. 79.20 on the BSE. The scrip opened at Rs. 80.30 and has touched a high and low of Rs. 80.30 and Rs. 77.90 respectively. So far 406475 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 82.45 on 09-Nov-2022 and a 52 week low of Rs. 42.25 on 20-Jun-2022. Last one week high and low of the scrip stood at Rs. 82.45 and R...
Infrastructure Development Finance Company gains on reporting 25% rise in Q2 consolidated net profit
Infrastructure Development Finance Company gains on reporting 25% rise in Q2 consolidated net profit
Source: Accord Fintech
14/11/2022 3:27:08 PM
Volatility and valuation: A macro and bond update Most of the year so far has been about trying to find policy rate peaks in major developed markets (DMs). Expectations here have been continually frustrated thus far as inflation has proven much more resilient than was being previously anticipated. There was plateauing of expectations around the middle of June, post which rate forecasts were actually reduced under a mistaken impression of policy pivots. However, the illusion was broken by September as a spate of ugly inflation prints dro...
Volatility and valuation: A macro and bond update
Volatility and valuation: A macro and bond update
Source: IANS
10/11/2022 9:01:46 AM
Macro and bond observations More pronounced signs of economic breakage It is evident now that economic growth is slowing appreciably around the world. While this is widely acknowledged by now, one suspects the extent of the eventual slowdown is still not. There seems to be momentum to the slowdown given the context of more restrictive fiscal policy now and the fact that central banks will widely keep monetary conditions tighter for longer. While China is loosening policy on the margin, there are multiple constrain...
Macro and bond observations
Macro and bond observations
Source: IANS
5/09/2022 3:06:37 PM
CCI approves acquisition of stake in IDFC Asset Management and IDFC AMC Trustee by Bandhan Financial, ChrysCapital and GIC The Competition Commission of India (CCI) approves acquisition of stake in IDFC Asset Management Company Limited and IDFC AMC Trustee Company Limited by Bandhan Financial Holdings Limited, ChrysCapital and GIC. The proposed combination envisages acquisition of 99.96% stake in IDFC Asset Management Company Limited (IDFC AMC) and 100% stake in IDFC AMC Trustee Company Limited (IDFC Trustee) by Bandhan Financial Holdings Limited (BFHL), Lathe Investment Pte. Ltd. (Lathe), Tangerine Investments L...
CCI approves acquisition of stake in IDFC Asset Management and IDFC AMC Trustee by Bandhan Financial, ChrysCapital and GIC
CCI approves acquisition of stake in IDFC Asset Management and IDFC AMC Trustee by Bandhan Financial, ChrysCapital and GIC
Source: Dion Global Solutions Ltd
3/08/2022 9:23:13 AM
IDFC MF introduces FTP Series- 197 IDFC Mutual Fund (MF) has launched IDFC Fixed Term Plan (FTP) - Series 197, a close-ended debt scheme with tenure of 1483 days with Relatively High Interest rate risk and Relatively Low Credit Risk. The NFO opens for subscription on March 21, 2022 and closes on March 23, 2022. The Entry load and Exit load is nil for the scheme. The minimum subscription amount is Rs 5,000 and multiples of Rs 10 thereafter for both the plans-direct and regular. The performance of the scheme will be benchmark...
IDFC MF introduces FTP Series- 197
IDFC MF introduces FTP Series- 197
Source: Accord Fintech
21/03/2022 3:00:51 PM
LKP Spade, Weekly Pick - Buy IDFC Limited For Target Rs.68 - LKP Securities * Stock moved above its strong hurdle zone with massive bullish candle on daily chart. * Strong volume activity has been witnessed at the time pf breakout. * Momentum indicator MACD is ranging above base which is positive. Buy IDFC Ltd - BUY @ 63-63.5 TGT 68 Stop Loss Below Rs. 59.5 CB CB Duration 1 Week   To Read Complete Report & Disclaimer Click Here   Please refer disclaimer at www.lkpsec.com/#foo ...
LKP Spade, Weekly Pick - Buy IDFC Limited For Target Rs.68 - LKP Securities
LKP Spade, Weekly Pick - Buy IDFC Limited For Target Rs.68 - LKP Securities
Source: LKP Securities Ltd
15/11/2021 10:40:35 AM
Technical Positional Pick - Buy IDFC Ltd For Target Rs.80 - HDFC Securities Technical Positional Pick - Buy IDFC Ltd For Target Rs. 80 - HDFC Securities * Stock price has broken out from the downward sloping trendline on the daily chart with higher volumes. * Stock price is forming bullish higher top higher bottom formation on the daily chart. * Short- and medium-term trend of the Stock is positive where it is trading above its 5,20 and 50-day EMA * Oscillators like RSI and MFI is placed above 60 and rising upwards, Indicating strength in t...
Technical Positional Pick - Buy IDFC Ltd For Target Rs.80 - HDFC Securities
Technical Positional Pick - Buy IDFC Ltd For Target Rs.80 - HDFC Securities
Source: HDFC Securities Ltd
12/11/2021 2:42:31 PM
Update On IDFC Ltd By ICICI Securities Shareholders voice their anguish; Board empathises and gives ray of hope IDFC Limited (IDFC) received the clarification from the RBI (vide its letter dated 20th July’21) allowing it to exit as the promoter of IDFC FIRST Bank after the expiry of lock‐in period of 5 years (Oct ’20). The way forward was to spin off its asset management business, alienate the investments by IDFC Foundation and detach IDFC Foundation. However, to everyone’s disappointment, the progress on this...
Update On IDFC Ltd By ICICI Securities
Update On IDFC Ltd By ICICI Securities
Source: ICICI Securities
15/09/2021 12:06:55 PM
IDFC First Bank Q4 net profit jumps 78.66% at Rs 127.81 cr The bank reported standalone net profit of Rs 127.81 crore for the quarter ended March 31, 2021 as compared to Rs 71.54 crore in the same period last year, registering a year-on-yearĸgrowthĸof 78.66 per cent. Interest income of the bank rose by 0.94 per cent at Rs 3992.87 crore for the quarter ended March 31, 2021 as against Rs 3955.86 crore in the corresponding period last year. During the January-March quarter, total income rose moderately by 8.88 per cent to Rs 4,834.01 crore from Rs 4,439...
IDFC First Bank Q4 net profit jumps 78.66% at Rs 127.81 cr
IDFC First Bank Q4 net profit jumps 78.66% at Rs 127.81 cr
Source: IANS
10/05/2021 9:51:14 AM