Mumbai: The shares of Reliance Industries, Reliance Power, PTC India, Bank of Baroda, HDFC Bank and others are expected to remain in news on October 4, 2024 (Friday).
As the Israel-Iran conflict deepens, the domestic equity benchmark indices BSE Sensex and NSE Nifty are likely to extend losses on October 4, 2024 (Friday). Gift Nifty signalled that the Indian stock exchanges are expected to trade lower today.
Reliance Industries share price
A day after the shares of Reliance Industries dropped nearly 4 per cent amid mayhem at the Dalal Street, the bellwether stock is expected to remain in focus today. RIL share price declined 3.91 per cent to settle at Rs 2,815.25 on the BSE. At the NSE, it dropped 3.94 per cent to Rs 2,813.95.
PTC India share price
PTC India shares are expected to remain in news today after the company confirmed that its shareholders have given the green to the resolution for a final dividend of Rs 7.80 per equity share for FY24.
“PTC’s shareholders approved the resolution for declaring the final dividend at the rate of 78 per cent (Rs 7.80 per equity share of Rs 10 each) for the financial year 2023-24 by an overwhelming majority. To ensure the interest of its shareholders, PTC would be paying the dividend to all members as on the record date in accordance with law,” the company said.
Bank of Baroda share price
In its Q2 2024-25 Results, Bank of Baroda reported its domestic deposits increased 7.14 per cent YoY to Rs 11.50 lakh crore. The public sector bank informed the exchanges of 7.1 per cent advance in domestic deposits at Rs 11.5 lakh crore in the second quarter, as compared to Rs 10.74 lakh crore in July-September quarter of 2023-24.
The bank’s advances surged by 12.51 per cent to Rs 9.39 lakh crore. The lender’s global deposits also recorded a YoY increase of 9.11 per cent to Rs 13.63 lakh crore.
Reliance Power share price
Reliance Power shares are likely to remain in focus today after the company’s board approved fundraising of USD 500 mn via bonds. The board of directors of the Anil Ambani-led firm gave its nod to a proposal to raise up to USD 500 million (about Rs 4,198 crore) through issuance bonds. The board also approved an Employee Stock Option Scheme (ESOS) for all employees of the company.
HDFC Bank share price
Morgan Stanley and Citigroup on October 3, 2204 purchased shares of HDFC Bank for over Rs 755 crore through open market transactions. According to the information on the BSE, the uS based financial services companies bought 43.75 lakh shares of the bank through their affiliates.
The shares were picked up at an average price of Rs 1,726.2 apiece, taking the combined transaction value to Rs 755.29 crore.
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Stocks in news today: Reliance Power, HDFC Bank, PTC India, Bank of Baroda, Reliance Industries and others are expected to remain in focus on October 4, 2024. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
