Welcome to another edition of ETtech Unwrapped – our weekend newsletter. This is Pranav Mukul in New Delhi. This week weve wrapped up another compelling quarterly earnings season for listed new-age companies from Zomato and Delhivery to Paytm and PB Fintech.
Ahead of the issue opening, the firm raised about Rs 1,176 crore in the anchor round, where Fidelity Investments, Goldman Sachs, ADIA, and Custody Bank of Japan were among the investors.
IndusInd Bank s net loans grew 18 percent in the March quarter, outpacing a 14 percent growth in deposits. The bank also declared a dividend of Rs 16.50 per share
The QIP received an overwhelming response from both domestic and foreign institutional investors, the brokerage firm said. Angel One allotted 58,70,818 equity shares to qualified institutional buyers at Rs 2555.01 a share.
HDFC Bank s ADRs surged 7% on NYSE, NSE stock up 3%. Robust growth in gross advances and domestic retail loans. Market awaits core numbers after December quarter challenges.