Here are the key stocks to watch on July 5:HDFC Bank: The private sector lender reported its gross advances grew 53 per cent year-on-year at Rs 24.85 lakh crore in the first quarter. The same stood at Rs 16.3 lakh crore in the last year quarter. Excluding the impact of the merger of erstwhile HDFC with the bank on July 1, 2023, the bank’s gross advances grew 15 per cent over the same period last year.RBL Bank: The bank’s total deposits increased by 18 per cent YoY to Rs 101,351 crore up from Rs 85,636 crore on June 30, 2023. However, deposits decreased by 2 per cent on a quarterly basis. The bank’s gross advances grew 18 per cent year-on-year to Rs 88,455 crore as of June 30, 2024 compared to Rs 74,761 crore on June 30, 2023.Raymond: The company announced the vertical demerger of its real estate business into wholly owned subsidiary Raymond Realty (RRL). After the completion of the demerger, Raymond and Raymond Realty will function as two different listed entities within the Raymond Group, pending all statutory approvals. According to the scheme, each Raymond shareholder will receive 1 share of Raymond Realty for every 1 share held in Raymond.
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