Tue, Feb 13, 2024 6:28 PM
25 PSU stocks trading 10%-37% lower from 52-week highs amid profit booki...
A Flip by Shubhangi Gupta
Most Latin American currencies were broadly stable in holiday-thinned trade on Thursday, though Brazil's real advanced against the dollar after its central bank intervened in the forex market to support the sliding currency. Brazil's real gained 0.5% against the dollar after its central bank sold $3 billion in a spot auction, extending a series of interventions in the foreign exchange market.
Open Flip
IndusInd Bank has announced the sale of its Microfinance Institution (MFI) retail loan pool, which has an outstanding value of ₹1,573 crore. The bank is offering the entire pool on a 100% cash basis, aiming to optimise its balance sheet and improve liquidity. IndusInd Bank shares settled at ₹931.5, down nearly 4% on the NSE on Thursday. In the last one year, the stock has corrected more than 40%.
Open Flip
Frozen meat exporter HMA Agro Industries Ltd. on Thursday announced that its Board of Directors approved a ₹160 crore credit facility from HDFC Bank. The sanction, which is subject to the terms outlined in the bank’s offer letter dated December 17, 2024, will be available for utilisation once the stipulated conditions are met. The company's stock price fell 1.2% to close at ₹39.56 on Thursday.
Open Flip
