HDFC AMC is likely to announce strong third quarter results with significant growth in revenue and profitability. Kotak Equities estimates a 21% increase in profit and revenue on a year-on-year basis. However, weak market performance might impact other income. HDFC AMC shares have dropped 16% in the last month.
Tata Capital raises $400 million via bonds
The bonds were sold to investors at a final price of 92 basis points above the three-year US treasury, which was trading at 4.47% on