Previous close | 9.05 |
Open | 9.17 |
Bid | 9.17 x 0 |
Ask | 9.24 x 0 |
Day's range | 9.17 - 9.17 |
52-week range | 5.50 - 10.03 |
Volume | |
Avg. volume | 16 |
Market cap | N/A |
Beta (5Y monthly) | N/A |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | N/A |
BENGALURU (Reuters) -Japan's Mitsubishi UFJ Financial Group (MUFG) is buying a 20% stake in HDFC Bank's non-banking unit HDB Financial Services, valuing the IPO-bound subsidiary between $9 billion and $10 billion, the Economic Times reported on Friday. The final decision is likely to take place next week at the HDFC Bank board meeting, according to the report, which cited people familiar with the matter. MUFG is set to pick up the stake in the unit for $2 billion, and the deal is being done at five times the book value, the Economic Times reported.
AllianceBernstein (AB) and Societe Generale (SCGLY) form Bernstein, which combines their cash equities and equity research businesses.
Mitsubishi UFJ (MUFG) targets a ROE of 9% in fiscal 2026 by improving business and strengthening its customer base.