Luxury car segment financiers - Foreign passenger vehicle NBFC Captives (FOC) - are likely to see a pick-up in growth next fiscal due to low base, said ICRA.
Technical Positional Pick - Buy – Edelweiss Financial Services Ltd For Target Rs. 85 - HDFC Securities
The attached weekly timeframe chart of Edelweis..
Change in control: Adar Poonawalla buys in
* Sale of controlling stake in Magma Fincorp by promoters through preferential issue: After attempting to revamp the busine..
Customer Centricity – the key differentiator
Customer centricity is the basic tenet in design of products and processes. For instance, customers can choose thei..
Technical Stock Pick - Buy Indiabulls Housing Finance Ltd For Target Rs. 299 - HDFC Securities
* After correcting from a high of 2..
Shares of Magma Fincorp hit the 10 per cent upper circuit on Thursday as Adar Poonawalla-led Rising Sun Holdings Private Limited has acquired 60 per cent stake in t..
Add Ujjivan Small Finance Bank Ltd For Target Rs.44
Buy Ujjivan Financial Services Ltd For Target Rs.394
Accelerated provisions dent earnigns
Our ADD recommendation on AACL with a target price of INR 5,310 is premised on (1) robust demand from pharmaceutical and agrochemical customers th..
Best in class profitability
* Premium – Premium Income was at Rs 45bn and grew by 19% on YoY basis and 2% on sequential basis.
* APE ..
The company reported standalone net profit of Rs 991.37 crore for the quarter ended December 31, 2020 as compared to Rs 803.41 crore in the same period last year, registe..
Grabbing market share; low buffer keeps us guarded
LIC Housing Finance’s (LICHF) Q3FY21 earnings were characterised by stupendous uptick in home loan disburseme..
Healthy operating performance
* Cholamandalam Investment and Finance Company (CIFC) reported 5% YoY growth in PAT to INR4.1b (in-line). Operating profit grew 51% YoY,..
Rupee strengthens against US dollar on Tuesday
Rupee falls 10 paise to 73.94 against US dollar in early trade
NCLT approves sale of IL&FS education arm to LEHL
Rate decision, US stimulus likely constraints to rupee's further appreciation
Rupee slips on RBI's dovish stance, 'loose' policy
Gold Up as Softer U.S. Treasury Yields Drive Demand - Swastika Investmart
Gold, Silver, Crude Oil, Natural Gas, Copper, Nickel, Zinc, Lead, Aluminium Commodity Report of 21 April 2021 By Geojit Financial
Copper, Natural Gas, Silver and Zinc Commodity Report Of 21 /04/2021 - Enrich Commodities
Hard work during lockdown paying rewards: Nilakanta Sharma
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