04 Apr , 2024 By : Debdeep Gupta
Here is a list of top stories this morning:
HDFC Bank rises 2% on robust Q4 biz update; Prabhudas Lilladher has 'buy' call
Shares of HDFC Bank rose 2 percent on April 4 morning, a day after the country's largest private lender shared a robust business update for the quarter ended on March 31, 2024. It was the top Nifty gainer and also the reason for Bank Nifty hitting a new high in early trade.
India’s green hydrogen value chain a $125-billion investment opportunity by 2030: Avendus Capital
The green hydrogen value chain in India is likely to create a cumulative investment opportunity of as much as $125 billion by 2030, driven by the rising focus on sustainability, demonstrated commercial viability, expanding, use cases, and a strong regulatory push, according to Avendus Capital.
Avenue Supermarts at a new 52-week high on robust quarterly revenue; Morgan Stanley bullish
Shares of Avenue Supermarts Limited, which operates the DMart chain of stores, surged 6 percent to Rs 4,715 to hit a new 52-week high on April 4 morning after the company announced a 20 percent rise in standalone revenue for the March quarter.
Vodafone Idea gains on board plan to weigh raising Rs 2,075 crore from promoters
Shares of Vodafone Idea gained over 3 percent on April 4, a day after the telecom operator informed exchanges that its board will later this week consider issuing equity or convertible securities of Rs 2,075 crore on a preferential basis to one or more promoter group entities.
Services PMI rises to 61.2 in March in one of the strongest growth rates in 13.5 years
India's services activity continued to expand in March, with the HSBC Purchasing Managers' Index (PMI) for the sector coming in at 61.2, data released on April 4 showed.
Saudi Crown Prince MBS’ $100 billion foreign investment quest falters
At a gleaming white hangar on Saudi Arabia’s western coast last year, the kingdom’s business and political elite gathered to applaud one of Crown Prince Mohammed bin Salman’s riskiest bets yet.
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