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The Burmans, who founded and control consumer goods conglomerate Dabur India, raised its stake in Religare to nearly 25% in September last year, triggering the so-called open offer requirement that allows them to buy more shares from public shareholders.

Shares of state-owned PNB Housing Finance dropped 4.8% to Rs 800 in early Thursday trading on the BSE, after a block deal where 1.36 crore shares changed hands. Asia Opportunities Fund and General Atlantic likely sold a 5.2% stake at a floor price of Rs 773, an 8% discount from the previous close of Rs 840.

Many of these stocks have rallied multi-fold. In capital goods, I know of companies that I hold, which are up like five-six times in the last one odd year. Now, to say that they still have a lot of steam left and most of the upsides are ahead of us, I do not think that would be a prudent way to approach this space.

HDFC Life Insurance Company Ltd., incorporated in the year 2000, is a Large Cap company (having a market cap of Rs 128239.29 Crore) operating in Financial Services sector.

Macquarie upgraded Kotak Mahindra Bank, City Union Bank, and Bandhan Bank to outperform with raised target prices. They downgraded SBI to underperform but increased its target price.

A total of 429,843 shares changed hands on the counter till 10:45AM (IST)

India Inc ended FY24 on a strong note with 9 companies maintaining profit margins above 25%, including Motilal Oswal, Tata Investment, and Hindustan Zinc.

​I think that financials, again, the PSU banking space, they are still trading at under one time book. Even old private sector banks are trading at one time and lower book, they are trading at five-ten times price to earnings. And if the private sector capex is to pick up, then it is this space which will be the bigger beneficiary of that trend than not and as a result for the growth that they will show at five-ten times price to earnings, they are quite reasonably positioned.

​According to technical scan data from stockedge.com, on June 19th, three stocks from the Nifty500 index were identified by the "White Marubozu" bullish scanner.

The Nifty Bank index was trading 0.2 per cent up at 51501.8.