Mumbai: Bandhan Bank fell more than 6% Monday after founder and chief executive, Chandra Shekhar Ghosh, announced a voluntary exit despite a board nod to continue in the top job. Brokerages Jefferies and Nomura have slashed their target prices for the stock of the Kolkata-based lender that emerged as a full-service bank after decades of … Read more
“There are a good number of senior management people we have already boarded to the bank and they are also setting up the bank and so it is the right time, given we have a very professional team,” says Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank.What are your future plans?I need to retire and … Read more
The shares of Tac Infosec listed at a premium of 173.6% on the NSE SME platform on Friday. The stock debuted at Rs 290 as against an issue price of Rs 106. Ahead of the listing, Tac Infosec’s shares were trading with a premium of Rs 115 in the grey market. The IPO, which was … Read more
Mumbai: Notwithstanding the sharp swings in the stock market in recent weeks, individual investors are not shying away from borrowing and betting on shares, especially mid-caps – some of the worst hit in the recent sell-off. The total quantum of margin funding – a short-term loan to investors for buying shares they cannot afford otherwise … Read more
The sell-off in mid-cap and small-cap stocks in recent weeks has soured sentiment in this space but some of these shares may still be holding some promise. At least 60 stocks have the potential to rise between 25% and 60% based on analysts’ consensus estimates available on Bloomberg. These companies are tracked by at least … Read more
“If we see that whatever the slippage happened in the Rs 1390 crores, out of that 45% of this slippage happened in the October month, which in that the two causes we mentioned about it,” says Chandra Shekhar Ghosh, MD & CEO, Bandhan Bank.Well, the credit cost this quarter has remained quite stable. But if … Read more
Brokerage firm Macquarie maintained a neutral rating on Bandhan Bank, Divi’s Laboratories recommended a sell rating on Divi’s Laboratories, BofA Securities recommended a buy on Biocon, and JPMorgan upgraded LIC to overweight. We have collated a list of recommendations from top brokerage firms from ETNow and other sources: Macquarie on Bandhan Bank: Neutral| Target Rs … Read more
Eleven stocks are under the F&O ban list on Saturday, January 20 viz. Aditya Birla Fashion and Retail (ABFRL), Balrampur Chini Mills, Delta Corp, Hindustan Copper, Indian Energy Exchange (IEX), National Aluminium Company, Oracle Financial Services Software (OFSS), Polycab India, RBL Bank, Steel Authority of India (SAIL) and Zee Entertainment Enterprises (ZEEL). Ashok Leyland, Bandhan … Read more
Infosys. Share Price 1612.75 04:05 PM | 12 Jan 2024 118.55(7.94%) Oil And Natural Gas Corporation. Share Price 223.40 04:05 PM | 12 Jan 2024 11.56(5.46%) Tech Mahindra. Share Price 1308.05 04:05 PM | 12 Jan 2024 58.65(4.70%) LTIMindtree. Share Price 6237.05 04:05 PM | 12 Jan 2024 277.11(4.65%) Tata Consultancy Services. Share Price 3882.80 … Read more
