As the stock market reaches all-time highs, a number of equities are grabbing media attention for different reasons. We will discuss the current share prices of these popular companies in this post, along with the main factors that have contributed to their impressive success.
Share Price of HDFC Bank
Today, HDFC Bank’s stock price increased after the board’s approval of HDB Financial Services, the bank’s subsidiary, to go public. HDFC Bank’s shares increased by 0.6% in early trade on the National Stock Exchange (NSE), hitting Rs 1,752.3 per share. The market value of the bank has surged to Rs 13,36,767.36 crore at now.
The IPO would include an offer-for-sale component from current shareholders in addition to a new issuance of shares valued at Rs 2,500 crore, as confirmed by the Board of HDB Financial Services. For HDB Financial, this is a significant step in getting ready to go public.
Current Price of IRFC Shares
Indian Railway Finance Corporation’s stock now trades at Rs 159.2. There has been a 1.36 per cent or Rs 2.2 movement in the share price.
The price of BHEL shares
On September 23, early trading showed a roughly 2 percent spike in the share price of Bharat Heavy Electricals Limited (BHEL) after the release of a notice of award (NOA) from NTPC for the 1×800 MW Sipat Supercritical Thermal Power Project Stage-III.
BHEL’s shares were up Rs 4.55, or 1.71 percent, on the BSE at 9:39 AM, trading at Rs 270.70. There is a lot of engineering, procurement, and construction (EPC) work involved in this contract. This includes civil construction, erection, commissioning, and equipment delivery; the total value, GST excluded, is above Rs 6,100 crore.