HDFC Bank-backed retail-focused NBFC company debuts on BSE & NSE; Jumps 14.93 per cent to intraday high!
HDFC Bank-backed retail-focused NBFC company debuts on BSE & NSE; Jumps 14.93 per cent to intraday high!

HDFC Bank-backed retail-focused NBFC company debuts on BSE & NSE; Jumps 14.93 per cent to intraday high!

On Wednesday, the stock market was trading in the red, with the BSE Sensex Index down 0.34 per cent at 83,410 and the NSE Nifty-50 Index down 0.35 per cent at 25,453.

DSIJ Intelligence-1 Article rating: 5.0

The stock jumped 14.93 per cent from its IPO price of Rs 740 per share to an intraday high of Rs 850.45 per share on the BSE, where 78.5 lakh shares changed hands.

Don’t Miss Action in This NBFC Stock as Board Announces 3:1 Bonus Share! Check the Record Date Inside
Don’t Miss Action in This NBFC Stock as Board Announces 3:1 Bonus Share! Check the Record Date Inside

Don’t Miss Action in This NBFC Stock as Board Announces 3:1 Bonus Share! Check the Record Date Inside

The company has a market cap of Rs 411 crore and the stock is up by 13 per cent from its 52-week low of Rs 480 per share.

DSIJ Intelligence-1 Article rating: 3.4

The company has a market cap of Rs 411 crore and the stock is up by 13 per cent from its 52-week low of Rs 480 per share.

Demystifying NBFCs: A Guide to Non-Banking Financial Companies
Demystifying NBFCs: A Guide to Non-Banking Financial Companies

Demystifying NBFCs: A Guide to Non-Banking Financial Companies

Non-Banking Financial Companies (NBFCs) are a crucial part of India's financial landscape, playing a vital role in providing credit and other financial services to a wide range of individuals and businesses.

DSIJ Intelligence-1 Article rating: 3.3

However, NBFCs often operate differently from traditional banks, and understanding their key features is essential for informed financial decisions.

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