Market Updates
India Movers: Ashok Leyland, JSW Infra, HDFC Bank, Kotak Mahindra, Skipper
Arun Goswami
26 Feb, 2024
Mumbai
Kotak Mahindra declined 1.7% to ₹1,720.0, and Zurich Insurance agreed to acquire a 70% stake in Kotak Mahindra General Insurance for ₹5,560 crore.
Early in the month, the bank received regulatory approval for the transaction.
Infibeam Avenues decreased 1.4% to ₹34.50, and the company acquired a 20% stake in the U.S.-based AI developer XDuce for $10 million, or about ₹83 crore.
JSW Infrastructure soared 7.3% to ₹261.30 after the company was awarded a project to mechanize the dry cargo handling facility at V. O. Chidambaranar Port under a public-private partnership arrangement.
Transformers and Rectifiers inched lower by 0.8% to ₹342.0 after the company won orders worth ₹232 crore from Power Grid Corporation.
Skipper soared 4.8% to ₹354.0 after the company won a ₹737 crore order to build a 765 kV transmission line from Power Grid.
Ashok Leyland increased 0.5% to ₹173.90 after the company acquired a 49.9% stake in TVS Truck for ₹25 crore.
HDFC Bank declined a fraction to ₹1,419.45 after the company received approval from the Reserve Bank of India to sell a 90% stake in its education loan subsidiary, HDFC Credila Financial Service, to a consortium of private equity firms, including ChrysCapital Group.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|