IPPB was set up under the Department of Post, with 100% equity owned by the government. The department has now begun discussing how much equity would the Centre divest in the payments bank, people aware of the matter said.
BEL shares jump 4%, hit 52-week high after Nuvama raises target price post strong Q4 results
BEL shares: Nuvama highlighted that BEL’s Q4 margins improved to 30.6% from 26.7% quarter-on-quarter, exceeding market expectations of 24.7%. The management has reiterated its guidance