Thu, Oct 8, 2020 11:10 AM
Share market update: 51 stocks hit 52-week highs on NSE
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HDFC Bank, the largest private sector lender in India, is expected to report strong Q4 results with a decent growth in net profit led by treasury income. HDFC Bank Q4 results are scheduled to be released on Saturday, April 20. India’s banking sector is expected to report relatively soft earnings during the January - March 2024 quarter characterized by net interest margin (NIM) pressure, steady.
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Shares of Rail Vikas Nigam Ltd or RVNL witnessed selling pressure in the early morning session but attracted the attention of bottom fishers at their intraday lows. After touching the intraday low, RVNL share price bounced back strongly and logged a more than 4 percent rise against the intraday low. Buying in RVNL shares took place after the PSU company's latest exchange filing.
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Unilever Plc plans to abandon or water down a string of environmental and social pledges against the backdrop of a growing backlash from investors, consumers and politicians against companies pursuing non-financial objectives. The move by Hein Schumacher, Unilever’s chief executive officer, marks a major shift for the £95 billion ($118 billion) consumer group.
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