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PVR Inox, Vedanta, Piramal Enterprises, Tata Chemicals, PNB, Delta Corp, NMDC, Aurobindo Pharma, BHEL and Glenmark Pharma may enter the ban list as these stocks are near the 95 percent MWPL
Investors have been pouring cash into Swiss stocks in the hope that this export-focussed market will outshine its peers, in part thanks to a shift in central bank policy that could knock the franc further off 2023's multi-year highs. Analysts say this quarter will probably remain tough for exporters with the franc still trading at elevated levels, but expectations this might change soon are already setting the tone for the market. Currency strength was part of the problem, as many large Swiss firms make much of their revenues abroad, but report earnings and pay some costs in francs, meaning their overseas revenues shrink after being converted.
"Indian Renewable Energy Development Agency (IREDA) and Punjab National Bank (PNB) have joined hands through the signing of a Memorandum of Understanding (MoU) aimed at advancing renewable energy initiatives across the nation," a statement said.
Through the MoU and agreements with other leading financial institutions, IREDA is well-positioned to fund large-scale renewable energy projects, the company has said
Despite margin, deposit growth challenges and increasing vigil by the RBI, Andrew Holland, CEO, Avendus Capital, told ET Now, is staying put. Holland does not see a change very soon, adding that "all the fun and action is in the PSU banks".
While reporting financial results for the fourth quarter on Thursday, Dun & Bradstreet Holdings, Inc. (DNB) initiated its adjusted earnings and revenue guidance for the full-year 2024.