On July 1, HDFC Ltd will merge with the bank, providing it an extensive network of specialised branches, highly skilled employees, and a secured mortgage portfolio. The last two years have seen HDFC Bank underperform in the stock market. The country’s second largest bank’s stock has been range-bound around Rs … Read more
Tag: Stock
Apple stock hits record, on cusp of $3 trillion market value
The stock is now trading at about 29 times expected earnings, its highest multiple since February 2022, according to Refinitiv data Apple’s stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization. The iPhone maker’s stock rose 0.6% to end … Read more