Bank of India | HDFC Securities highlights Bank of India's strong capital adequacy ratio, improved net interest margins (NIMs), and enhanced asset quality, calling its valuation of 0.6 times FY26 adjusted price-to-book value an "attractive entry point." The brokerage recommends buying the state-run lender within the Rs 96 - 106 price band, with a target price of Rs 132 by the next Diwali. Key risk...

Stocks in newsLet's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, fundraising, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Results TodayHDFC Life Insurance Company, HDFC Asset Management Company, PVR Inox, Rallis India, DB Corp, Bank of Maharashtra, KEI Industries, Newgen Software Te...

Shares of Reliance Power continued their decline on October 7, hitting the 5 percent lower circuit for the third consecutive session as investors engaged in profit-booking. The stock is now trading 11 percent below its 52-week high of Rs 53.64, which it reached last week.The stock has surged over 60 percent in the past month, fueled by strong investor sentiment after the Anil Ambani-led company an...

Shares of Reliance Power fell to a 5 percent lower circuit on October 4 amid market weakness. The slump comes a day after the Anil Ambani-promoted company said its board has approved the issue of up to Rs 4,200 crore worth of Foreign Currency Convertible Bonds (FCCBs), on a private placement basis, to affiliates of Värde Investment Partners.The FCCBs would have an ultra-low cost interest of 5 per...

Reliance Industries Ltd's shares have given a reversal breakout after correction in falling channel. On May 24, Reliance's shares gained over 0.29 percent to trade above Rs 2,963.55."The stock seems to have completed the correction in the falling channel," said Jay Thakkar, Head of Derivatives and Quant Research at ICICI Securities.He recommends taking a bull call spread strategy on Reliance scrip...