Urban Company Shares Slump 9% on Wider Q2 Losses
Urban Company shares fell 9% as its second-quarter losses widened. HDFC Bank shares rose 2% after standalone Q2 profit increased 4.7% year over year to Rs 19,510 crore; net interest income grew 9.7%.
Stock-specific activity is likely to remain in focus on Dalal Street on October 19, following a slew of earnings, corporate developments.Shares of HDFC Bank gained 2% after the bank reported a 4.7% year-on-year rise in standalone Q2 profit to Rs 19,510 crore, while net interest income grew 9.7% to…