Shares of Cholamandalam Investment & Finance Company Ltd. traded 6.72 per cent up at Rs 733.1 at around 10:00AM (IST) on Friday. The stock had closed at Rs 686.95 in the previous session. Equity benchmark Sensex traded 38.07 points higher at 59073.02 around the same time. The scrip has climbed 30.29 per cent in the…Continue Reading
NEW DELHI: Finance minister Nirmala Sitharaman on Monday attacked the UPA regime for its alleged failure to recover money from those who turned their loan accounts into non-performing assets (NPAs), and said under the Modi government, banks for the first time got back money from defaulters. Sitharaman also said in the Lok Sabha that actions…Continue Reading
Shares of Cholamandalam Investment & Finance Company Ltd. traded 1.56 per cent higher in Thursday’s session at 12:07PM (IST). The stock opened at Rs 686.6 and has touched an intraday high and low of Rs 691.95 and Rs 679.5, respectively, during the session so far. The stock quoted a 52-week high of Rs 701.75 and…Continue Reading
RBI circular allowing extension of the period for which companies can defer the provisioning part in the NPL recognition, can lead to some technical bounceback in names like Mahindra & Mahindra Finance and LIC Housing, says Hemang Jani, Equity Strategist & Senior Group VP, MOFSL. Why is the divergence happening now? HDFC Bank is down…Continue Reading
Shares of Cholamandalam Investment & Finance Company Ltd. slipped 1.82 per cent to Rs 667.4 in Monday’s trade. It hit a high of Rs 672.0 and low of Rs 653.25 during the session. On the technical charts, the 200-DMA of the stock stood at Rs 565.01, while the 50-DMA was at Rs 588.45. If a…Continue Reading
Shares of AU Small Finance Bank jumped 8 per cent to Rs 1,179.50 on the BSE in Wednesday’s intra-day trade after the private sector lender reported a sequential growth of 10.6 per cent and 26.5 per cent year-on-year in total assets under management (AUM) to Rs 42,027 crore in October-December quarter (Q3FY22). In the past…Continue Reading
This move follows a Series G funding round announced in December 2021 where the firm raised $400 million at a $3.3-billion valuation. Topics Cars24 | Bajaj Finance | Used car market Peerzada Abrar | Bengaluru Last Updated at December 30, 2021 15:43 IST Cars24, a leading e-commerce platform for pre-owned vehicles has collaborated with Bajaj Finance Ltd., to lift…Continue Reading
Ministry of Finance Union Finance Minister Smt. Nirmala Sitharaman discusses growth and development on her maiden visit to GIFT-IFSC at GIFT City, Gandhinagar Finance Minister also announces clearance to 3 key projects worth more than Rs 500 crore for IFSCA Posted On: 20 NOV 2021 8:48PM by PIB Delhi Union Minister for Finance & Corporate…Continue Reading
NEW DELHI: Shares of Power Finance Corporation Ltd. traded 0.3 per cent down in Tuesday’s trade at 12:13PM (IST). Around 84,275 shares changed hands on the counter. The scrip opened at Rs 135.15 and touched an intraday high and low of Rs 135.8 and Rs 134.15, respectively, in the session so far. Shares of the…Continue Reading
Shares of Cholamandalam Investment & Finance Company Ltd. fell 0.87 per cent to Rs 642.0 in Tuesday’s session as of 12:03PM (IST) even as the equity benchmark Sensex traded 226.31 points lower at 60492.4. Earlier in the day, the stock witnessed a gap down start to the session. The stock quoted a 52-week high price…Continue Reading