Stocks in news: HDFC Bank, IDFC First Bank, IDBI Bank, Dr Reddy’s, Lloyds Metals

July 5, 2024

HDFC Bank advances rose 53% to Rs 24.87 lakh crore. LIC boosted IDFC First Bank’s stake to 2.68%. Dr Reddy’s, Sun Pharma recalled items in the US. PNB’s global business grew 10%. Raymond Realty, Poonawalla Fincorp, IDBI, Ujjivan SFB, Lloyds Metals, RBL Bank’s deposits rose 18%, and Mahindra Lifespace will redevelop Mumbai societies.

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Indian companies are experiencing a decline in shareholder dissent, with resolutions facing over 20% opposition from institutional investors dropping to 16% this fiscal year. Increased

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