Foreign brokerage Macquarie on Thursday downgraded the HDFC stock, saying the country's biggest mortgage lender had used "aggressive accounting practices" to inflate earnings a charge HDFC later said it "completely disagrees" with. In a …
HDFC Securities Limited, India’s leading financial services intermediary and subsidiary of HDFC Bank, announced it teamed with IBM to launch a new mobile app that allows clients to securely trade stocks, track and manage portfolios …
Sanju Verma, former executive director of HDFC Securities, along with a top investment ... The duo’s company, called Violet Arch Capital Advisors, is backed by one of India’s biggest and respected conglomerates and also by a top non …
HDFC Bank Ltd. Tuesday afternoon reported an expected net profit of 18.9 billion rupees ($347 million) for the January to March quarter, a jump of 30% over the same period last year.
Indian shares are likely to open lower tracking weak global cues, HDFC Securities said in its morning note. However, the brokerage said, the markets could make an attempt to recover from its lows later in the day. The markets will keenly …
Growth stocks can be some of the most exciting picks in the market, as these high-flyers can captivate investors’ attention, and produce big gains as well. However, these can also lead on the downside when the growth story is over, …
HDFC Bank Ltd. (HDB) saw a big move last session, as the company’s shares fell by over 5% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This reverses the recent …
HDFC Bank, the second-largest private sector lender, posted a 45 per cent rise quarterly net profit, above expectations, but its shares fell 1.2 per cent to Rs977.35 on rising bad debts. Its bigger rival ICICI Bank rose 3.5 per cent to Rs441.1, …
According to Anand Narayan, vice president of information technology at HDFC Bank, the financial institution has "prioritized ... was the automation of pledge creation and withdrawal for securities in exchange for bank loans. When …