The Non-Banking Financial Company (NBFC) sector in India plays a vital role in providing financial services, including loans, asset management, and investment services, especially in areas under-served by traditional banks. The sector includes prominent players such as Bajaj Finance, HDFC Ltd., and Shriram Transport Finance. NBFCs are also involved in trading securities, with companies like [...]
On Wednesday, the shares of an NBFC rose 20 percent to Rs 110.8 per share after the company announced impressive June quarter financial results. At 12:20 p.m. on the Bombay Stock Exchange, Visco Trade Associates Ltd shares were trading at Rs 99.84 per share, up Rs 7.36 or 7.96 percent from the previous close price. [...]