#ICICIbankโs valuation discount to that of #HDFCBank has narrowed. But it is still trading at around 18% discount to its closest lending peer. Hence, there is room to further close the gap with HDFC Bank.
Here's why๐ฅ ๐
https://www.moneycontrol.com/news/business/markets/ideas-for-profit-why-icici-banks-stock-re-rating-will-continue-and-valuation-gap-with-hdfc-bank-narrow-further-8407811.html?utm_source=telegram&utm_medium=social
Here's why๐ฅ ๐
https://www.moneycontrol.com/news/business/markets/ideas-for-profit-why-icici-banks-stock-re-rating-will-continue-and-valuation-gap-with-hdfc-bank-narrow-further-8407811.html?utm_source=telegram&utm_medium=social
Moneycontrol
Ideas For Profit | Why ICICI Bankโs stock re-rating will continue and valuation gap with HDFC bank narrow further
In terms of valuation, following the past year's rally, ICICI Bankโs valuation discount to that of HDFC Bank has narrowed. It is, however, still trading at around 18% discount to its closest lending peer hence, there is room for further closing of the gapโฆ
#MCExclusive โก๏ธ HDFC Bank took the initiative for the mega merger with HDFC as early as Nov 2021 approaching the latter with a proposal.
This was after a top-level review meeting at #HDFCBank in May 2021 on the matter.
https://www.moneycontrol.com/news/business/exclusive-hdfc-bank-top-brass-batted-for-merger-with-hdfc-as-early-as-november-8475361.html?utm_source=telegram&utm_medium=social
This was after a top-level review meeting at #HDFCBank in May 2021 on the matter.
https://www.moneycontrol.com/news/business/exclusive-hdfc-bank-top-brass-batted-for-merger-with-hdfc-as-early-as-november-8475361.html?utm_source=telegram&utm_medium=social
Moneycontrol
Exclusive | HDFC Bank top brass batted for merger with HDFC as early as November
Bank cited the potential benefits of the merger to the parent, primarily access to a booming mortgage lending market. It was assessed that the conditions for the merger are more conducive now compared to before.
#MCExplains: #HDFCBank & #ICICIBank recently issued electronic bank guarantees to deliver quick, digital, paperless services.
Why are banks issuing electronic bank guarantees? 5 questions answered. ๐
https://bit.ly/3qGGZp1
Why are banks issuing electronic bank guarantees? 5 questions answered. ๐
https://bit.ly/3qGGZp1
#HDFCBank aims to bring two crore merchants on to its digital banking platform over the next 3 years, Parag Rao, group head - payments, consumer finance, technology and digital marketing, said.
Read onโฌ๏ธ
https://bit.ly/3ypxejg
Read onโฌ๏ธ
https://bit.ly/3ypxejg
Moneycontrol
HDFC Bank aiming to onboard 2 crore merchants in the next three years: top official
The era of partnerships between banks and fintechs is here, and HDFC Bank is open to more such tieups, says Parag Rao
Media is too big
VIEW IN TELEGRAM
#MarketsWithMC | Chiranjivi Chakraborty brings you the #marketwrap of the day!
Both the benchmark indices ended in the red, with the #Nifty & #Sensex falling 0.7% and 0.6% each. The top gainers in the nifty were #HeroMotorcop and #HDFCBank.
Both the benchmark indices ended in the red, with the #Nifty & #Sensex falling 0.7% and 0.6% each. The top gainers in the nifty were #HeroMotorcop and #HDFCBank.
#HDFCBank and #HDFC lit up the market today with strong gains and Chiranjivi CHakraborty will explain why investors are making a beeline for the stocks.
Santosh Nair makes a case for #ApolloHospitals and M&M after the companies' second quarter earnings.
Watch the video for more ๐น
https://bit.ly/3Ts5e6r
Santosh Nair makes a case for #ApolloHospitals and M&M after the companies' second quarter earnings.
Watch the video for more ๐น
https://bit.ly/3Ts5e6r
Moneycontrol
Stock Market Live: HDFC twins on fire, what's driving the rally?
HDFC Bank and HDFC lit up the market today with strong gains and CJ will explain why investors are making a beeline for the stocks. Plus Santo makes a case for Apollo Hospitals and M&M after the companies' second quarter earnings.
After the completion of #HDFC and #HDFCBank's union, the weight of the merged entity could be double that of HDFC Limited in #MSCI
Read here ๐๐ป
https://bit.ly/3A6hId5
Read here ๐๐ป
https://bit.ly/3A6hId5
Moneycontrol
Merged HDFC entity could have double the weight in MSCI, says Macquarie
At present, HDFC is part of MSCI indices, while HDFC Bank is not
Media is too big
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#TradeSetup for January 13th โก๏ธ #Wipro, #HDFCBank, L&T Technology & #RailVikasNigam: Top Stocks To Watch On Friday
These are the stocks that will possibly be in the spotlight during trading hours on January 13, Friday. We explain the reasons why these stocks are buzzing before the Opening Bell and the factors that could come into play in trade.
Check out this curated list of buzzing #stocks and why they are in the news ๐น๐
https://bit.ly/3QBcUDB
These are the stocks that will possibly be in the spotlight during trading hours on January 13, Friday. We explain the reasons why these stocks are buzzing before the Opening Bell and the factors that could come into play in trade.
Check out this curated list of buzzing #stocks and why they are in the news ๐น๐
https://bit.ly/3QBcUDB
On #MorningTrade
๐HDFC Bank Q3: NII growth best in 7 years, asset quality stable; Time to buy?
๐Other earnings in focus: DMart, Wipro & Just Dial
๐Will RECโs strong momentum continue?
๐ดTune in at 8.30 am to find out!
https://www.youtube.com/watch?v=9BXYzAlgLh8
๐HDFC Bank Q3: NII growth best in 7 years, asset quality stable; Time to buy?
๐Other earnings in focus: DMart, Wipro & Just Dial
๐Will RECโs strong momentum continue?
๐ดTune in at 8.30 am to find out!
https://www.youtube.com/watch?v=9BXYzAlgLh8
YouTube
Stock Market Live: Should You Buy HDFC Bank or REC? DMart, Wipro & JustDial In Focus
HDFC Bankโs NII growth in Q3 was best in 7 years and asset quality also remains stable. Other earnings in focus are DMart, Wipro and JustDial. Also, will RECโs strong momentum continue?
#live #nifty #stockmarket #stockmarketlive #marketslive #hdfcbankโฆ
#live #nifty #stockmarket #stockmarketlive #marketslive #hdfcbankโฆ
#HDFCBank reported a 19.9% YoY jump in its consolidated net profit for the quarter that ended December 31, 2022, to Rs 12,698 crore.
What should you do nowโ
Here is what brokerages have to say about stock & the company's post-December quarter earnings๐
https://bit.ly/3w3r0UK
What should you do nowโ
Here is what brokerages have to say about stock & the company's post-December quarter earnings๐
https://bit.ly/3w3r0UK
Moneycontrol
HDFC Bank reports 20% surge in Q3 bottomline: What should you do now?
HDFC Bank's standalone net profit was at Rs 12,259.5 crore, an increase of 18.5 percent from the same quarter of the corresponding year.
Media is too big
VIEW IN TELEGRAM
India's largest housing finance company #HDFC Ltd will merge with country's largest private lender #HDFCBank to create a banking behemoth.
Read Here ๐๐ป
https://bit.ly/3YTZaX4
Read Here ๐๐ป
https://bit.ly/3YTZaX4
#MarketsWithMC | Over the weekend, #HDFCBank announced its Q4 results, reporting 21% YoY growth in profit. Most broking houses have reiterated their "buy" rating on the stock, although some concerns remain.
Read on ๐ฝ
https://bit.ly/3mC3ZHl
Read on ๐ฝ
https://bit.ly/3mC3ZHl
#HDFCBank and #HDFCLtd, the leading private sector bank and mortgage lender in India, are set to complete their merger by July 1, said Deepak Parekh, Chairman of HDFC Ltd.
More details โฌ๏ธ
https://bit.ly/3NkrDRW
More details โฌ๏ธ
https://bit.ly/3NkrDRW
#DalalStreetWeekAhead | The #market in the coming week will first react to June auto sales numbers announced over the weekend and further updates related to the #HDFC-#HDFCBank merger.
Here are 10 key factors to watch out for next week โฌ๏ธ
https://bit.ly/44mH57L
Here are 10 key factors to watch out for next week โฌ๏ธ
https://bit.ly/44mH57L
The #HDFCBank share price surges over 2% on July 3, reaching a new 52-week high as the bank successfully concludes its merger with parent company HDFC Ltd.
Know more details๐
https://bit.ly/438FEYU
Know more details๐
https://bit.ly/438FEYU
#MCPersonalFinance | Believing in the long-term growth of #HDFC and #HDFCBank, many fund managers held these stocks in their portfolios for long term, irrespective of the market gyrations๐ฆ
Hereโs how the merger multiplied the wealth of MF investors๐
https://bit.ly/3O4wsjX
Hereโs how the merger multiplied the wealth of MF investors๐
https://bit.ly/3O4wsjX
#EarningsWithMC | HDFC Bankโs January-March net interest income is expected to grow by 1.8% QoQ to Rs 29,172 crore.
Here's more on #HDFCBank Q4 preview ๐
https://www.moneycontrol.com/news/business/earnings/hdfc-bank-q4-preview-focus-on-deposits-to-keep-margins-steady-but-income-growth-may-drag-12676461.html?telegram
Here's more on #HDFCBank Q4 preview ๐
https://www.moneycontrol.com/news/business/earnings/hdfc-bank-q4-preview-focus-on-deposits-to-keep-margins-steady-but-income-growth-may-drag-12676461.html?telegram
Moneycontrol
HDFC Bank Q4 preview: Focus on deposits to keep margins steady but income growth may drag
The lender moderated loan growth in Q4 in favour of a strong focus on deposit mobilisation. Exceptional income will also likely bolster quarterly earnings in a challenging environment.