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Mahindra Group stock falls 4% after company’s board approves 1:8 rights issue worth ₹2,996 Cr

Mahindra Group stock falls 4% after company’s board approves 1:8 rights issue worth ₹2,996 Cr

by Trade Brains | May 9, 2025 2:16 pm | Indian Markets, Mid-cap, News, Stocks

During Friday’s trading session, shares of one of India’s leading non-banking finance companies and a part of the Mahindra Group fell by 4.3 percent on BSE, after the company’s Board approved rights issue worth Rs 2,996.2 crores in a 1:8 ratio. With a market...
NBFC stocks with high NIIs and low NPAs to keep on your radar

NBFC stocks with high NIIs and low NPAs to keep on your radar

by Trade Brains | November 3, 2024 5:00 pm | News, Stocks

The Indian non-banking financial sector demonstrates remarkable resilience through strong net interest margins and effective asset quality management. These companies deliver exceptional financial performance while maintaining robust credit portfolios. Their success...
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