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NBFC stock falls 9% after announcing 22% YoY decline in net profits

NBFC stock falls 9% after announcing 22% YoY decline in net profits

The Indian financial sector is undergoing significant evolution, driven by rapid digitalization, regulatory reforms, and a growing middle class. Mortgage lending, distressed credit, asset management, investment banking, and private equity fund management are key segments  contributing to this transformation. As India’s economy expands, these sectors are poised for growth, especially with the increasing demand for [...]
Diamond stock to buy now for an upside of 25%; Do you own it?

Diamond stock to buy now for an upside of 25%; Do you own it?

Certification and accreditation services for diamonds, gemstones, and jewelry play a critical role in ensuring the authenticity, quality, and ethical sourcing of precious materials. These services verify factors like cut, color, clarity, and carat weight of diamonds and gemstones, providing consumers and businesses with confidence in their purchases.  The sector in India is poised for [...]
Smallcap stock is focus after it acquires 100% stake in Monga Strayfield for ₹123 Cr

Smallcap stock is focus after it acquires 100% stake in Monga Strayfield for ₹123 Cr

The shares of a Small-cap Engineering stock were in focus in the day’s trade after announcing the successful acquisition of Monga Strayfield Pvt. Ltd., a pioneer in developing radio frequency (RF) drying and heating solutions.  Acquisition details In a press release dated January 28, 2025, Kilburn Engineering Ltd, a leading provider of industrial drying and [...]
Waste Management stock in focus after receiving order worth ₹11 Cr from Chandrapur Municipal Corporation 

Waste Management stock in focus after receiving order worth ₹11 Cr from Chandrapur Municipal Corporation 

Waste Management stock engaged in providing Waste Management Solutions, Municipal Solid Waste Management services, and many more in focus upon receiving new work order worth Rs. 10.8 Crores from Chandrapur Municipal Corporation, Maharashtra.  Price Action  With a market capitalization of Rs. 230 Crores, the shares of Urban Enviro Waste Management Limited were trading at Rs. [...]
Tata group stock jumps after receiving order worth ₹455 Cr from Maharashtra State Power  

Tata group stock jumps after receiving order worth ₹455 Cr from Maharashtra State Power  

This Tata Group stock in the business of generation, transmission, and in electricity distribution and produces electricity through renewable in focus after receiving an order from Maharashtra State Power worth approx Rs. 455 crore.  Price Movement  In Tuesday’s trading session, Tata Power Company Ltd's share price touched a day’s high of Rs. 356.30, which was [...]
NBFC stock falls 9% after announcing 22% YoY decline in net profits

NBFC stock jumps over 4% after reporting ₹38 Cr profit against loss of ₹2,377 Cr previous year

Major Non-Banking Financial Company (NBFC) that operates across various sectors, including such as retail lending, wholesale lending, life insurance, and Fund management division. Jumped over 4% after declaring stellar results. With a market capitalization of Rs. 20,642 Cr, the share of Piramal Enterprises jumped over 4% from Monday’s close of Rs. 914 and opening of Rs947. [...]
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