HDB Financial Services’ initial public offering opens on June 25 and will be the largest IPO so far this year. While only a portion of the proceeds will go to the company, the offering signals a broader structural shift within the HDFC group. Here are 10 key developments around the issue, based on company filings and brokerage research.
Muthoot Finance, Manappuram Finance, other stocks rise up to 5% as gold prices hit Rs 1.48 lakh/10 grams
Gold prices surged past Rs 1.48 lakh per 10 grams on Friday, propelling shares of gold financiers like Muthoot Finance and Manappuram Finance up by