NBFC

Buy Cholamandalam Investment Ltd For Target Rs.230..

Collection efficiency holds the key * CIFC reported ~58.1% yoy and 37.9% qoq decline in disbursements to Rs35.9bn as the lockdown impacted overall..

NBFC delinquencies could see up to 250 bps spike t..

The rapid increase in Covid-19 afflictions and intermittent lockdowns will increase asset quality challenges of non-banking financial companies (NBFCs), already grappling..

NBFC Sector Update - Improving trends; upbeat comm..

Improving trends; upbeat commentary Collection efficiency at 70–80% levels; disbursements picking up * We concluded our 16th Annual General Investor Confere..

Buy L&T Finance Holdings Ltd For Target Rs. 73 - ..

Derivative Ideas L&TFH FUTS added 7% in open interest addition as long buildup was seen in it in till closing time. Current chart pattern also indicates further up..

NBFCs raise $3.9 billion capital buffer post Covid..

Non-banking financial companies have raised $3.9 billion through capital raise and asset sales in the post-Covid-19 period. In the midst of a difficult economic environme..

Buy Nippon Life Asset Management Ltd For Target R..

Buy Nippon Life Asset Management Ltd For Target Rs.333 - HDFC Securities Our Take: Nippon Life Asset Management (NAM India) is one of the largest asset ..

Hold Edelweiss Financial Services Ltd For Target R..

NBFC pain overshadows wealth management deal * EDEL reported weak Q1 results, with AUM falling for the fifth straight quarter. AUM declined 60.7% YoY and 12.3% QoQ to ..

Buy Repco Home Finance Ltd For Target Rs. 207 - HD..

Nothing changes Repco’s 4Q earnings were a mixed bag— NIMs were better than expected, while provisions dragged net earnings. We have reduced our earnings ..

Quote on India Bulls Housing Finance Ltd By Jai..

Below is the Quote on India Bulls Housing Finance Ltd By Mr. Jaikishan Parmar - Sr. Equity Research Analyst, Angel Broking Ltd “India Bulls H..

Hold PNB Housing Finance Ltd For Target Rs.215 - I..

Tight ALM; all eyes on the proposed capital raise PNB Housing (PNBHF) reported a beat on earnings (PAT: Rs2.57bn vs I-Sec: Rs0.7bn) driven by better control over opex..

LKP Finance Ltd posts Q1 net profit of Rs 26.58 cr

The company reported standalone net profit during the quarter stood at Rs 26.58 crore compared to net loss of Rs 5.93 crore in the previous year quarter. Net revenue of t..

PFC to raise foreign currency borrowing going ahea..

Power Finance Corporation (PFC) is likely to increase foreign currency borrowing going ahead, said Ravinder Singh Dhillon, the CMD of the company. In his speech at the..