|Bid||54.61 x 800|
|Ask||54.63 x 800|
|Day's range||53.65 - 54.99|
|52-week range||50.61 - 79.39|
|Beta (5Y monthly)||0.88|
|PE ratio (TTM)||24.38|
|Forward dividend & yield||0.61 (1.11%)|
|Ex-dividend date||11 May 2022|
|1y target est||76.00|
Broker research is an important consideration in the strategies of many investors. Reading up on what the experts think - and examining whether they believe a...
A lot has been happening in the financial sector of India with big-ticket M&As hogging the spotlight.
India's largest private lender HDFC Bank's $40 billion acquisition of its biggest shareholder could face regulatory hurdles due to the stake it would give the bank in the insurance sector, analysts said. Sources told Reuters last year that the Reserve Bank of India, which acts as regulator for the financial industry, wants banks to limit ownership stakes in insurance companies. HDFC Bank's acquisition of HDFC Ltd, announced on Monday, will create an entity with a combined balance sheet worth $237 billion and will include the target's insurance and other financial subsidiaries.