According to Bhasin, HDFC Bank has already factored in all the negative factors, and he predicts that its performance will soar in the near future.
Future Retail Q3 results: The consolidated revenue from operations plunged by 71 per cent to Rs 1,506.87 crore during Q3 FY21 as against Rs 5,193.19 crore of the corresponding quarter last fiscal
Delhi HC recently said Kishore-Biyani-led Future Group's deal to merge listed companies with RIL is "valid". The court, however, rejected Future Retail's plea for an interim injunction restricting Amazon from approaching statutory authorities, SEBI, CII, and other regulators, about arbitral order
Delhi High Court passed the order on FRL's petition that argued that Amazon writing to the authorities regarding the emergency arbitrator's award tantamounts to meddling with the Rs 24,713 crore RIL-Future deal
Future Retail, in a caveat plea, requested a 48-hour notice before any petition is moved against it; the plea has been filed in anticipation of an attempt by Amazon to stay the deal between Future and RIL
The market believes that RIL has not been able to stitch together big deals in Reliance Retail as it did in Jio Platforms. That's why the share price hasn't moved up much in the last three months
Share price of Future Enterprises opened 5% higher at Rs 20.20 against previous close of Rs 19.25 on BSE
Future Retail share has gained 24.76% in a month reversing some losses it incurred in 2020 and last one year
Share price of Future Retail slipped 8.79% to Rs 111.60 against previous close of Rs 122.35 on BSE
Stock price of Future Retail has jumped 16% in one week and 8.5% in one month. Future Retail shares trade higher than 5, 20, 50 and 100-day but lower than 200-day moving averages. Market capitalisation of the firm stood at Rs 6,495 crore as of today's session
Shares of Future Retail rose as much as 5% to 100.20 rupees, hitting a so-called upper circuit, and were trading up 4.6% by 0455 GMT





