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HDFC share price surges 15%, HDFC Bank 13%, on merger news; profitability to rise, say analysts

HDFC Lender share price tag rose 13 for each cent on announcement of a transformational merger with HDFC Ltd. The share exchange ratio for the amalgamation of HDFC with HDFC Lender shall be 42 shares (credited as totally paid out up) of HDFC Bank for each individual 25 totally compensated […]