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HDFC sells 44.12 lakh shares in insurance subsidiaries to reduce stake to 50%

Mini

Housing Development Finance Corporation (HDFC) has entered into a share purchase agreement to sell 44.12 lakh shares representing 0.62 percent equity of HDFC Ergo to ERGO International AD to comply with RBI norms of bringing the former's stake to below 50 percent

HDFC sells 44.12 lakh shares in insurance subsidiaries to reduce stake to 50%

Market Movers

CompanyPriceChange%Loss
Adani Ports718.70 -24.20
Wipro540.15 -16.40
Divis Labs4,224.60 -64.15
JSW Steel665.50 -9.75
Larsen1,479.25 -19.95
CompanyPriceChange%Loss
Kotak Mahindra1,736.80 -23.20
Larsen1,479.80 -19.35
Tata Steel1,099.80 -13.75
TCS3,262.10 -38.55
Axis Bank732.40 -7.20
CompanyPriceChange%Loss
Adani Ports718.70 -24.20 -3.26
Wipro540.15 -16.40 -2.95
Divis Labs4,224.60 -64.15 -1.50
JSW Steel665.50 -9.75 -1.44
Larsen1,479.25 -19.95 -1.33
CompanyPriceChange%Loss
Kotak Mahindra1,736.80 -23.20 -1.32
Larsen1,479.80 -19.35 -1.29
Tata Steel1,099.80 -13.75 -1.23
TCS3,262.10 -38.55 -1.17
Axis Bank732.40 -7.20 -0.97

Currency

CompanyPriceChng%Chng
Dollar-Rupee74.2700-0.0950-0.13
Euro-Rupee88.5440-0.1910-0.22
Pound-Rupee103.5270-0.1410-0.14
Rupee-100 Yen0.6700-0.0020-0.29