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Business Standard

Hydra Trading sells 1.24% stake in RBL Bank for Rs 152 crore in open market

Hydra Trading, a public shareholder of RBL Bank, on Monday sold a 1.24 per cent stake in the private sector lender for over Rs 152 crore through an open market transaction. According to block deal data available on the BSE, Hydra Trading Pvt Ltd offloaded 75.11 lakh shares or 1.24 per cent stake in RBL Bank. The shares were sold at an average price of Rs 203 apiece, taking the deal value to Rs 152.49 crore. As of June quarter ending, Hydra Trading owned a 1.25 per cent holding in Mumbai-based RBL Bank. These shares were acquired by Cronus Merchandise LLP at the same price. Shares of RBL Bank fell 1.57 per cent to close at Rs 204.35 per piece on the BSE. In a separate transaction on the BSE, Plutus Wealth Management bought 85 lakh shares, amounting to a 0.66 per cent stake in domestic carrier SpiceJet for Rs 51 crore through an open market transaction. The shares were picked up at an average price of Rs 59.95 apiece, taking the aggregate transaction value to Rs 50.96 crore, as pe

CNBC TV18

Explained — Why stocks like KRBL, LT Foods gained up to 10% on Monday

Under the restrictions set earlier, Basmati Rice could only be exported above a set floor price, which was the MEP. The government, last year, had revised the MEP to $950 per tonne from $1,200 per tonne earlier.

The Economic Times

RBL Bank, Hindustan Copper among 5 stocks with long unwinding

Long unwinding occurs when investors sell positions or stocks they have held for an extended period, either to lock in profits or to exit in anticipation of a potential market downturn.

The Economic Times

RBL Bank launches fuel credit card with IOCL

RBL Bank has launched the 'Xtra Credit Card' in partnership with Indian Oil Corporation, offering customers up to 8.5% savings on fuel purchases. The bank expects a moderate growth of 12-15% in its credit card portfolio this fiscal year. The card will be issued via the Mastercard network and offers significant fuel points for every ₹100 spent.

The Economic Times

F&O Ban List: Biocon, RBL Bank among 7 stocks under trade ban on Friday

Seven stocks, including Aditya Birla Fashion and Retail, Balrampur Chini, and Bandhan Bank, are under an F&O trade ban as their open interest crossed 95% of market-wide positions limits. The ban is lifted only if the open interest falls below 80%. Sensex and Nifty50 closed lower due to global market weakness.

Mint

DAM Capital files draft papers with SEBI; Promoter, RBL Bank, others to divest stake in OFS

DAM Capital IPO: DAM Capital Advisors Limited has filed its draft red herring prospectus for an IPO with SEBI. The firm, offering various financial solutions, boasts the highest profit margin among peers for fiscal 2024 and a 12.1% market share in IPOs and QIPs.

The Economic Times

F&O Ban List: Balrampur Chini, RBL Bank among 4 stocks under trade ban on Wednesday

On Wednesday, stocks Balrampur Chini, Birlasoft, Hindustan Copper, and India Cements are under F&O trade ban. Stocks moving out include Aarti Industries and RBL Bank. Hindustan Copper and India Cements have open interest above 100%. Nifty index reached near its record high but closed flat amid global challenges.

The Economic Times

Deepak Nitrite, RBL Bank among 5 stocks with short buildup

Short covering, where traders buy back previously shorted shares, led to a decrease in open interest and potentially boosted the prices of five stocks on Monday.

The Economic Times

Deepak Nitrite, RBL Bank among 5 stocks with short buildup

Short covering, where traders buy back previously shorted shares, led to a decrease in open interest and potentially boosted the prices of five stocks on Monday.

The Economic Times

UltraTech Cement, RBL Bank among 5 stocks with long unwinding

Sometimes stocks owned for a longer period are sold either to book profit or to exit it in anticipation of impending bearishness.

Business Line

Movers & Shakers: Stocks that will see action this week

Here is what the charts say about the shares of L&T Finance, The Phoenix Mills and RBL Bank

The Economic Times

F&O Ban List: Chambal Fertilizers, GNFC among 10 stocks under trade ban on Thursday

Ten stocks, including ABFRL, Balrampur Chini, and RBL Bank faced Thursday F&O trade ban, crossing 95% MWPL. ABFRL's MWPL 84.4% fell 4.5% with 38.8M OI; India Cements at 98.6%. Sensex closed at 79,924.77, down 426.87 points. Market-wide limits reversal at 80% OI. HDFC Bank shares also impacted.

The Economic Times

F&O stocks: Hindustan Aeronautics, Godrej Properties among 5 stocks with short buildup

Stocks witness significant short positions as traders bet on price drops. RBL Bank, Godrej Properties and Ambuja Cements see open interest rise amidst price declines.

Business Standard

Stocks to Watch, July 5: HDFC Bank, Bajaj Auto, Raymond, VST Ind, RBL Bank

Stocks to watch today, Friday, July 5: Bajaj Auto is all set to become the world's first two-wheeler company to launch a CNG bike

Business Line

Tech Query: What is the outlook for Ahluwalia Contracts (India), KRBL, Relaxo Footwears?

We zoom in on the prospects of Ahluwalia Contracts (India), as also the prospects of two other stocks — KRBL, Relaxo Footwears