In Wednesday's trading session, a prominent microfinance institution in India, specializing in providing financial services to low-income households in rural and semi-urban areas, jumped 17 percent followed frequent volume spike, positive technical indicators, and many more. Price action With a market capitalization of Rs. 2,871.81 crores on Wednesday, the shares of Spandana Sphoorty Financial Limited [...]
During Tuesday’s trading session, the shares of a rural-focused NBFC and a microfinance lender fell 18.4 percent to hit a new 52-week low at Rs. 375.6 on BSE, after reporting a loss of Rs. 216 crores in Q2 FY25, down from a profit of Rs. 56 crores in Q1 FY25 and Rs. 125 crores in [...]
The Indian Benchmark Indices closed in Red on Friday with the Sensex gaining losing around 269 points ending the week at 77,209.90 and the Nifty 50 index losing around 65.90 points ending the week at 23,501.10 In the last five trading sessions, the Sensex gained approximately 0.54 percent while the Nifty 50 index gained around [...]
The Indian Benchmark Indices closed in green on Friday with the Sensex gaining around 1,711.45 points ending the week at 75,410.39 and the Nifty 50 index gaining around 579.50 points ending the week at 22,957.10. In the last five trading sessions, the Sensex gained approximately 2.32 percent while the Nifty 50 index gained around 2.59 [...]
ICICI Securities has upgraded its buy target on this NBFC company from Rs. 1,100 to Rs. 1,400 per share, a 33 percent increase from the current price. The ICICI Securities report highlights the company's new Vision 2028, which aims for a CAGR of 25 percent or more in AUM and 22 percent or more in [...]
Shares of a microfinance institution appreciated 4.6 percent to reach an intraday high of ₹ 858.00 apiece on the National Stock Exchange (NSE) amid talks to acquire a stake. Its shares settled at ₹ 835.20 apiece on Tuesday. Reportedly, Yes Bank was in talks with Kedaara Capital which was looking to sell off its stake [...]
