India Business News: MUMBAI: Australian financial services giant Macquarie will build electric vehicle charging stations, extend e-vehicle loans, provide fleet management .
Macquarie Asia Infrastructure Fund owns a 56.8% stake in GRICL, while IL&FS holds 26.8% and the balance stake is with the Gujarat government. GRICL s toll roads are in Gujarat. The Ahmedabad to Mehsana stretch on SH-41 spans 51.6 kms. The second road asset of 31.7 kms from Vadodara to Halol on SH-87 is on the Delhi-Mumbai Industrial Corridor.
“The open interest in Bank of Baroda futures by number of shares is at a lifetime high and in SBI it is at the highest since September 2020,” said Siddarth Bhamre, director-alternative investments and research at InCred Equities. “If SBI crosses the previous lifetime high, then it can see a substantial upside. SBI shares, which rose 2.4% to close at Rs 411 on Monday, touched a lifetime high of ?427.70 on February 18 this year.
Nifty PSU Bank index gained 2% to close at 2,398.15 on Monday, with Punjab National Bank, Central Bank,
Indian Bank, Union Bank and SBI gaining 2-5%.
In the ongoing May series, SBI s shares are up 14.6% while Bank of Baroda s shares are up nearly 22%. Punjab National Bank s shares are up 13.5% during the same period.