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Repco Home in the red

about 10 years ago

South India based Home loan provider Repco Home Finance is down 6%, at Rs. 775, this Monday morning on news of CBI conducting search in the premises of the company at Chennai and Coimbatore. CBI has filed a case of corruption, cheating and conspiracy against the company’s MD ...

Repco Home comes down

about 9 years ago

Repco Home Finance, which provides home finance mainly in South India, is currently the top loser on the BSE, down 9% at Rs.696.70.

Reliance Home Finnace hits 5% UC

about 9 years ago

Reliance Home Finance was the new listing on the exchanges today. The stock price opened at Rs.104 and within minutes, surged 5%, hitting the UC at Rs.109.20.

Repco Home remains top gainer

about 9 years ago

Since the opening bell, Repco Home Finance is the top gainer on the BSE. From yesterday’s close of Rs.590.70, the stock opened high at Rs.609, going up over 13.5% to Rs.670.85. Its 52-week high is at Rs.923.

Reliance Home builds up then drops

about 8 years ago

Stock price of Reliance Home Finance added 4% in the morning trades to go up to Rs.76.90 and after that profit booking wiped off all the gains

Reliance Home falls 7.5%

about 7 years ago

Reliance Home Finance has been losing for the last 2 days and has fallen 13% during this period. The stock is down almost 7.5% at Rs.10.98

First Winner Industries: WISDOM OF SBI IN GIVING Rs 207 CRORE

about 13 years ago

SBI released an ad on 12th October 2013, for notice of Defaulter Director/Guarantor by Mr. Rinku Patodia and Ms. Anita Patodia, with respect to 4 private companies related to BSE-listed First Winner Industries, with defaults aggregating Rs. 142 crore plus interest. A deeper digging into the facts of the case leads one to questions the wisdom of SBI in granting these financial facility.

SBI gains over 2.5%

about 13 years ago

SBI is a smart gainer in the PSU bank sector. The stock opened at Rs.1692 and is currently at Rs.1719.90, up over 2.5%. Its intra day high is at Rs.1727.85. The stock is up on two counts. Firstly, the spurt can be directly linked to the Finance Ministry yesterday stating that it has finalise ...

GRUH Finance rises poist Q4

about 9 years ago

GRUH Finance is amongst the top five gainers on the BSE currently, going up 6.5% to Rs.651.50 and from there, it dropped and is now at Rs.645, up almost 5.5%.

Gruh Finance in a "Bandhan"

about 8 years ago

Gruh Finance is the top most trending stock on the social media today. The stock rose over 3.2% to Rs.329 in the morning

NEED A HOME LOAN? GET YOUR CREDIT SCORE RIGHT!

about 14 years ago

Young and love a good life? Do you swipe your string of credit cards, buying everything and doing all which the mind fancies? That might be good for your happiness quotient but when you decide to buy your dream home and seek a home loan, this bad credit history could jeopardize your chances of getting a home loan.

Manappuram Finance slumps

about 7 years ago

Three days ago, Manappuram Finance had hit an all-time high of Rs.141 but today, it breached the 10% LC at Rs.123.90;

L&T Finance up on the buzz

about 13 years ago

The market opened today morning with L&T Finance jumping up to become the top gainer on the BSE. With an over 2 times jump in volumes, the stock hit an intra day high at Rs.78.45 and is currently at Rs.77.65, up over 3.5%. The stock is up on news reports that the Jalan Committee, set up ...

Hitachi Home slumps on open offer

about 12 years ago

Hitachi Home had been hitting new highs consistently on 22nd and 23rd Jan though today, it is streaked in red. The stock which had closed on Friday at Rs.1135.80, opened at Rs.1130 and soon slipped down to Rs.971.40. It has recovered since then but remains 7% lower at Rs.1055. The mood ...

THE TRAGEDY OF HOME BUYERS

about 9 years ago

You have lived in a rented apartment for the better part of your life. Now you saved enough money and decide to put all the life savings in a new home – a permanent roof over your heads which you can call your own. You do your research and sanity check and finally decide to go with a big company. The faith with a big company is that, you believe...

VLS Finance in the limelight

about 13 years ago

VLS Finance is in the limelight today morning. The stock is up 5.5% at Rs.13.29, with an intra day high at Rs.13.45. The stock is up on expectations of buy back price being announced tomorrow at the Board Meeting. Promoters currently hold 40.42%stake, while rest, 59.58% stake is held by the ...

L&T Finance slips into red

about 13 years ago

L&T Finance is amongst the top three losers on the BSE currently. The stock opened much weaker and tanked to an intra day low at Rs.77.55. It presently remains almost 3.5% down. The stock has slipped into the red since morning, reacting to the floor price it announced yesterday. The comp ...

L&T Finance zooms to top gainer

about 13 years ago

L&T Finance Holdings is currently the top gainer of the day, up almost 4.5% at Rs.84.65, with an intra day high at Rs.85.65 while volumes have jumped over one time. The stock is tantalizingly close to its 52-week high of Rs.86.15. The stock is up after the NSE announced that it has decid ...

L&T Finance down 5%

about 13 years ago

L&T Finance Holding is currently the top loser on the BSE, down 5% at Rs.75.25, while yesterday it had hit a new 52-week at Rs.88.25. This turnaround in moods from high to sell came in on the back of news that to comply with SEBI’s stipulation of 25% public holding, parent company, ...

L&T Finance builds up

about 11 years ago

Last month the news on L&T Finance was that consulting firm, Bain Capital was close to acquiring a minority stake in the company and the deal was valued at $350 million. This is yet to happen. And today, the news is that Warburg Pincus, the US based PE fund is looking at buying a 25% sta ...

Manappuram Finance down 5% on strong volumes

about 11 years ago

Manappuram Finance is down 5% at Rs. 21, very close to the day’s low price of Rs. 20.95, being the top loser on BSE. Volumes on the counter are very strong, especially post 1 pm this Wednesday afternoon. So far, over 27 lakh shares have been traded on NSE, as against the 2 week average dail ...

Bajaj Finance hits life time high

about 10 years ago

Bajaj Finance announced today that its Board will be meeting on 26th July to consider issue of bonus shares and also go for a stock split. The company will also be considering its Q1FY17 results on the same day. This news took the market by complete surprise and it is celebrating this by cat ...

Muthoot Finance at a new high

about 10 years ago

Muthoot Finance is today amongst the top gainers on the BSE, hitting a new 52-week high at Rs.340, up almost 7%. The stock price hit a high on the back of its very good performance for Q1FY17. It has registered an increase in net profit of 48% (YoY) at Rs.270 crore. Retail loans registered a ...

Tourism Finance gets the 'midas touch'

about 10 years ago

Tourism Finance Corporation breached the upper circuit at Rs.63 yesterday and today, clocking in volumes of over 5 times, it hit a new 52-week high at Rs.70.50. The reason for this euphoria is that Rakesh Jhunjhunwala owned company, Insync Capital Partners bought 4.25 lakh shares of the comp ...

Manappuram Finance

about 10 years ago

Manappuram Finance is the top gainer on the BSE, going up to an intra day high at Rs.105, inches close to its 52-week high of Rs.106.75. Volumes have spurted up almost

GRUH Finance slumps post Q3

about 9 years ago

GRUH Finance is the top loser on the BSE currently despite posting a healthy set of numbers for Q3FY18. But this is more account of profit booking because in a run-up to the numbers, it had risen quite a bit

Muthoot Finance jumps up over 9%

about 8 years ago

Muthoot Finance is the top gainer on the BSE currently, rising over 9% to Rs.435.85. Volumes have jumped up almost 14 times.

Bajaj Finance jumps over 7%

about 8 years ago

Bajaj Finance is among the top five gainers on the BSE, going up over 7% to Rs.2230 and thanks to its surge, the feel-good factor has spread to other NBFCs too.

L&T Finance hits new low

about 8 years ago

L&T Finance is among the top five losers on the BSE currently, down over 12% at Rs.112.20, hitting a new 52-week low.

GRUH Finance rises 8%

about 7 years ago

GRUH Finance is up among the top five gainers on the BSE since opening bell. The stock price opened over 4.5% higher at Rs.266.10, rising to an intraday high at Rs.268.95,

Hitachi Home hits a new high

about 12 years ago

Hitachi Home has a new 52-week high today at Rs.1169 with volumes surging 4 times, hitting the 20% upper limit. The stock has hit a new high following the company’s announcement that its parent company, Hitachi Appliances will divest stake in the company and this is for getting into a ...

SRS Finance in the limelight

about 10 years ago

An NBFC with a market cap of over Rs.100 crore, SRF Finance is doing well on the bourses today. Up 5% at Rs11.55, with a 52-week high of Rs.39 and low of Rs.10.52, the stock is the limelight. The reason – the company had a Board meeting on 15th July to consider stock split – it w ...

Bajaj Finance - Extremely Conservative Guidance on Asset Quality

about 5 years ago

Bajaj Finance is not even aiming to reach the pre-covid level in the next 9 months, which highlights how severe is the stress is.

SBI is a bright star

about 5 years ago

SBI is a bright star today since the opening bell post its Q4FY21 performance; the stock price rose 4.5% to hit an intraday high at Rs.418.90, not too far from its 52-week high of Rs.426.45

SBI in the green

about 11 years ago

State Bank of India is looking pretty smart on the bourses today, especially after the battering which Bank of Baroda got. SBI is currently trading 4% higher at Rs.243.40, closer to its intra day high of Rs.244.70. Its 52-week high and low stands at Rs.335.90 and Rs.220.60 respectively. For ...

SBI in the limelight

about 8 years ago

There is some activity seen on the counter of SBI today. The stock opened stronger, going over 2% to Rs.291.25.

SBI subsidiaries in limelight

about 10 years ago

SBI subsidiaries are in the limelight today. State Bank of Bikaner & Jaipur hit a new 52-week high at Rs.796

SBI subsidiaries hit new highs

about 13 years ago

State Bank of Travancore hit a new high today at Rs.662.90, State Bank of Bikaner & Jaipur hit a new high at Rs.660, State Bank of Mysore hit a new high at Rs.640. SBI itself is in the green, up 2.5%. Thus sudden ‘high’ tide in SBI subsidiaries comes on the back of SBI statin ...

YES BANK – SBI TO SAY “YES, I DO?”

about 7 years ago

The Govt can arm twist any of its PSUs to buy any company, sound or on the verge of bankruptcy. We have seen that happen often, more recently in the case of LIC forced to buy IDBI Bank. And today, there were unconfirmed reports that SBI might be pushed to buy Yes Bank.

SBI Life does not disappoint!

about 9 years ago

The much awaited new listing finally happened today and it did not disappoint! SBI Life which had offered shares at Rs.700/share got listed on the BSE at Rs.733.30.

SBI COMPOSITE INDEX - BETTER INDICATOR THAN IIP OR PMI?

about 12 years ago

Better late than never. We finally have an Index, just like HSBC's PMI index and it comes from none other than State Bank of India (SBI), the largest public sector bank in India. This is an idea which was waiting to happen and probably it took SBI a few months or maybe even years to finally put this Index into place. Instead of following HSBC's index, through which we try to draw inferences for IIP,

SBI and associates grab spotlight

about 11 years ago

State Bank of India and its associate banks are in the limelight today morning. SBI announced yesterday after market hours that it is going in for an in principle sanction from the Govt to merge its 6 subsidiary banks into itself - State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State ...

SBI Funds lists well

about 3 months ago

SBI Funds got listed today – as against the IPO price of Rs.574, it got listed at 610, going up to Rs.628.80 and this is in a falling market.

SBI Life Insurance is top loser

about 8 years ago

SBI Life Insurance is currently the top loser on the BSE, going down almost 6.5% to Rs.577.50. The stock has been losing for the last 2 days and has fallen -5.06% in the period.

AU Small Finance Bank

about 9 years ago

Verdict :Asking for gold!
Subscription Start Date :28 Jun 2017 End Date :30 Jun 2017
Issue Size : 1,913 crore, Issue Type : OFS
Price Band : Rs.355 to Rs. 358
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Overall Subscription : 53.49x
QIB : 78.77x,HNI :143.51x,Retail :3.31x,Other :1.4x
Listing Date : 10 Jul 2017, , Listing Price : 522

ESAF Small Finance Bank

about 3 years ago

Will Third Attempt be Lucky?
Subscription Start Date :3 Nov 2023 End Date :7 Nov 2023
Issue Size : Rs. 463 cr, Issue Type : Fresh cum OFS
Price Band : Rs.57 to Rs. 60
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Overall Subscription : 73.15x
QIB : 173.52x,HNI :84.37x,Retail :16.97x,Other :4.36x
Listing Date : 16 Nov 2023, , Listing Price : 72

IIFL Finance up over 8.5%

about 4 years ago

The stock is among the top five gainers on the BSE, rising over 8.5% to an intraday high at Rs.356.70. Its 52-week high stands at Rs.395.15.

SBI Cards

about 7 years ago

Verdict :A ‘must’ swipe!
Subscription Start Date :2 Mar 2020 End Date :5 Mar 2020
Issue Size : 10355 crore, Issue Type : Fresh cum OFS
Price Band : Rs.750 to Rs. 755
--------------------------------------------------
Overall Subscription : 26.54x
QIB : 57.18x,HNI :45.23x,Retail :2.5x,Other :25.36x
Listing Date : 16 Mar 2020, , Listing Price : 661

Bajaj Housing Finance

about 2 years ago

Growth and Asset Quality justify Pricing
Subscription Start Date :9 Sep 2024 End Date :11 Sep 2024
Issue Size : Rs.6,560, Issue Type : Fresh cum OFS
Price Band : Rs.66 to Rs. 70
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Overall Subscription : 63.56x
QIB : 209.36x,HNI :41.45x,Retail :6.97x,Other :17.46x
Listing Date : 16 Sep 2024, , Listing Price : 150

RS.25,000 CR - WILL I GET MY HOME NOW?

about 7 years ago

Well, the hard truth is NO. Major of these small projects are not really going to benefit from the AIS. And the small builders working on redevelopment projects, well they most certainly will not benefit. Many in the industry say that it is once again the big builders and mid-sized ones which will get major portions of this sop

Aadhar Housing Finance

about 2 years ago

Can expect 15%-20% Listing Gain
Subscription Start Date :8 May 2024 End Date :10 May 2024
Issue Size : Rs. 3,000 cr, Issue Type : Fresh cum OFS
Price Band : Rs.300 to Rs. 315
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Overall Subscription : 26.76x
QIB : 76.42x,HNI :17.33x,Retail :2.58x,Other :6.88x
Listing Date : 15 May 2024, , Listing Price : 315

Home First up 9%

about 9 months ago

The stock has been moving within a 52-week range of roughly Rs. 878 to 1,519, implying a market capitalisation of about Rs. 12,300 crore at current levels.

SBFC Finance

about 3 years ago

Asset Quality dims AUM Growth
Subscription Start Date :3 Aug 2023 End Date :7 Aug 2023
Issue Size : 1,025 cr, Issue Type : Fresh cum OFS
Price Band : Rs.54 to Rs. 57
--------------------------------------------------
Overall Subscription : 70x
QIB : 193x,HNI :49x,Retail :11x
Listing Date : 16 Aug 2023, , Listing Price : 82

SBI Cards swipes high

about 6 years ago

Market threw this performance to the winds and concentrated on the asset quality improvement, going on to hit a new high today at Rs.1026

NCD ISSUE - ECL FINANCE

about 13 years ago

Price Band : Rs. - to Rs. -
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Home First

about 6 years ago

Verdict :Exorbitant Pricing
Subscription Start Date :21 Jan 2021 End Date :25 Jan 2021
Issue Size : 1154 crore, Issue Type : Fresh cum OFS
Price Band : Rs.517 to Rs. 518
--------------------------------------------------
Overall Subscription : 26.7x
QIB : 52x,HNI :39x,Retail :6.6x
Listing Date : 3 Feb 2021, , Listing Price : 612

Repco Home Fin

about 14 years ago

Price Band : Rs. - to Rs. -
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NCD Issue - INDIA INFOLINE FINANCE

about 14 years ago

Price Band : Rs. - to Rs. -
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SBI Life

about 9 years ago

Verdict :Safe, Bankable, hence Invest
Subscription Start Date :20 Sep 2017 End Date :22 Sep 2017
Issue Size : 8,400 crore, Issue Type : OFS
Price Band : Rs.685 to Rs. 700
--------------------------------------------------
Overall Subscription : 3.57x
QIB : 12.56x,HNI :0.7x,Retail :0.85x,Other :1.03x
Listing Date : 03 Oct 2017, , Listing Price : 735

NCD ISSUE - INDIA INFOLINE FINANCE

about 13 years ago

Price Band : Rs. - to Rs. -
--------------------------------------------------

Muthoot Finance hits the roof

about 13 years ago

Muthoot Finance, the top gainer on the BSE currently has breached the 20% upper circuit the moment it opened for trade today morning and is frozen at Rs.129.10. The stock hit the roof after the Govt eased lending on gold norms. RBI raised the cap on Loan to Value of Gold (LTV) proportion fro ...

L&T Finance up in the green

about 14 years ago

L&T Finance, as expected is doing well today. The stock is up almost 2.5% at Rs.73.25, with an intra day high at Rs.73.75. The stock had hit a 52-week high on 19th Dec at Rs.97.35. The stock is up after Kishore Biyani led Future Group agreed to sell 50% in its life insurance business, Fu ...

SBI hits a new high

about 10 years ago

State Bank of India (SBI) is amongst the top five gainers on the BSE currently; it hit a new 52-week high at Rs.314, up 3.7% with volumes of some 25 lakh shares changing hands today alone.

Shriram Finance

about 14 years ago

Price Band : Rs. - to Rs. -
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SAMVARDHANA MOTHERSON FINANCE

about 15 years ago

Price Band : Rs. - to Rs. -
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Fusion Micro Finance

about 4 years ago

Can be Skipped
Subscription Start Date :2 Nov 2022 End Date :4 Nov 2022
Issue Size : 1104 cr, Issue Type : Fresh cum OFS
Price Band : Rs.350 to Rs. 368
--------------------------------------------------
Overall Subscription : 2.95x
QIB : 8.59x,HNI :1.38x,Retail :0.51x
Listing Date : 15 Nov 2022, , Listing Price : 360

SBI Funds Management

about 3 months ago

For Every Investor
Subscription Start Date :14 Jul 2026 End Date :16 Jul 2026
Issue Size : Rs. 9,813 cr, Issue Type : OFS
Price Band : Rs.545 to Rs. 574
--------------------------------------------------
Overall Subscription : 41.66x
QIB : 140.11x,HNI :22.51x,Retail :3.6x,Other :9.52x
Listing Date : 21 Jul 2026, , Listing Price : 613

L&T Finance

about 15 years ago

Price Band : Rs. - to Rs. -
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Timbor Home

about 16 years ago

Price Band : Rs. - to Rs. -
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SBI to be in the spotlight

about 7 years ago

The stock price has reacted ‘mildly’ positively to this news; at least as of now. The stock opened today at Rs.287.05, going up 1% to Rs.288. Its 52-week high is at Rs.373.70.

TAKE HOME = PERFORMANCE OR ELSE GO HOME!

about 8 years ago

RBI has mooted a good idea – make a set of rules that link remuneration of bank CEOs with parameters like size of the bank’s balance sheet, bad debts, profits earned and governance record.

Manba Finance

about 2 years ago

Avoid at all Cost
Subscription Start Date :23 Sep 2024 End Date :25 Sep 2024
Issue Size : Rs. 151 cr, Issue Type : Fresh Issue
Price Band : Rs.114 to Rs. 120
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Overall Subscription : 215.84x
QIB : 148.55x,HNI :506.13x,Retail :129.89x
Listing Date : 30 Sep 2024, , Listing Price : 145

L&T Finance trades low

about 6 years ago

The stock, which had closed yesterday at Rs.105.10, it opened lower at Rs.102.90 an went down to an intraday low at Rs.98.65

Muthoot Finance down 6%

about 5 months ago

The stock slipped 6% today, bucking a strong FY26 print, with the stock trading around Rs. 3,310 after opening higher at Rs. 3,571.7 and sliding to an intraday low of Rs. 3,300 (vs previous close Rs. 3,528.9). The move came on active trade (turnover Rs. 64.8 crore),

Bajaj Finance tumbles down

about 11 months ago

The stock tumbled nearly 7% to Rs.997 on Tuesday, November 11, 2025, after the company’s Q2FY26 results, which showed robust earnings but a downward revision in growth outlook, dampened investor sentiment.

L&T Finance hits new high

about 4 years ago

The stock, which had closed on Friday at Rs.92.45, opened slightly lower today at Rs.92.25 and soon went on to hit new 52-week high at Rs.98.25

Bajaj Finance down 8,5%

about 4 years ago

The stock is currently the top loser on the BSE and lost almost 8.5% to hit an intraday low at Rs.6032.25 on the back of 14x surge in volumes.

L&T Finance down in red

about 5 years ago

The stock opened over 1% higher at Rs.83.60 but from there, it slipped to Rs.76.85, down over 7%, remains in the red, among top five losers currently.

Indiabulls Finance volatile

about 5 years ago

The stock opened almost 7% higher at Rs.282.60, but from there, it slipped down 6.5% to hit an intraday low at Rs.248.55 and continues to trade in red

Starteck Finance hits the roof

about 5 years ago

The stock which had closed yesterday at Rs.119, opening higher today at Rs.122.90 and went on to hit its 5% UC of the day at Rs.124.95.

SBI Cards falls almost 5%

about 5 years ago

The stock is making news today but not very good news; the stock opened 2% lower at Rs.859.80 and went down to an intraday low at Rs.835.45

SBI Life hits new high

about 6 years ago

The stock is very much in the limelight today, rising almost 7.5% to hit an intraday high at Rs.1040, a new 52-week high.

Bajaj Finance rises 4.5%

about 6 years ago

The stock price surged over 4.5% to hit an intraday high at Rs.5210 and it is currently trading at Rs.5190 levels. Its 52-week high is at Rs.5372.75.

SBI on a new high

about 6 years ago

The stock, which had closed yesterday at Rs.355.10, it rose 15% hit a new high at Rs.408.35 on the back of very robust volumes.

Muthoot Finance 'relieved'

about 6 years ago

The market seems pretty relieved with this news as the stock opened in the green at Rs.1146 and rose 1% to Rs.1149.20. Trading volume is muted as of now.

SBI takes Moody's in its stride

about 6 years ago

The stock went up and then dropped into the red to Rs.206. The market does not seem to give too much credence to the downgrade.

SBI Cards - Media in sync with big players?

about 6 years ago

We Repeat - Investors need to remain alert and must be able to smell foul play of Media. Good fundamentals of stock will see it recovering, while dull results will make it correct, as TRUTH and FUNDAMENTALS always win

Muthoot Finance at new high

about 6 years ago

The stock which had closed yesterday at Rs.1000.20, rose 14% to hit a new 52-week high at Rs.1139.75.

Bajaj Finance scaling high

about 7 years ago

After a new high yesterday, today too it opened at a new high at Rs.4464 and went on to Rs.4483.25

SBI AUCTION - GOING, GOING, NOT YET GONE!

about 12 years ago

It was the mega-auction of the year; the biggest put up by any bank in India till date. Yet, the response was pretty tepid. State Bank of India (SBI) finally gathered the gumption to auction off the possessed assets - residential properties, warehouses, factories, offices from those who defaulted. Instead of selling such properties locally, as was the practice every year, this time around, it put up the auction online.

SBI Card has tepid listing

about 7 years ago

The stock got listed on the BSE at Rs.658 but soon recovered to Rs.755 levels but could not sustain there and is now at Rs.728.

Aye Finance

about 8 months ago

Nothing Positive
Subscription Start Date :9 Feb 2026 End Date :11 Feb 2026
Issue Size : Rs. 1,010 cr, Issue Type : Fresh cum OFS
Price Band : Rs.122 to Rs. 129
--------------------------------------------------
Overall Subscription : 0.97x
QIB : 1.5x,HNI :0.05x,Retail :0.77x
Listing Date : 16 Feb 2026, , Listing Price : 129

Laxmi India Finance

about 1 year ago

Very Pricey
Subscription Start Date :29 Jul 2025 End Date :31 Jul 2025
Issue Size : Rs. 254 cr, Issue Type : Fresh cum OFS
Price Band : Rs.150 to Rs. 158
--------------------------------------------------
Overall Subscription : 1.85x
QIB : 1.3x,HNI :1.83x,Retail :2.19x,Other :1.54x
Listing Date : 5 Aug 2025, , Listing Price : 136

L&T Finance 'licensed' to rise!

about 14 years ago

NBFC stocks are doing very well today morning. Leading the pack currently is L&T Finance, which is up almost 4% at Rs.81.05, very close to its intra-day high of Rs.81.70. The upper circuit is at Rs.93.75. This stock and other ‘aspirant’ NBFCs are doing well after the RBI ...

SBI down after Morgan cuts target

about 11 years ago

SBI is doing too well today morning. The stock was down intra day by around 2.5% at Rs.175 levels and close to its 52-week low of Rs.151.60. The stock is bearing the brunt of Morgan Stanley putting out a report on the bank, cutting its price target and expressing concern over its NPAs. It re ...

Mahindra Finance slips

about 6 years ago

Though the stock opened 1.5% higher at Rs.132.80, it soon slipped down to Rs.126 and hovering currently around the same levels.

SBI down ahead of numbers

about 14 years ago

SBI is down over 2.5% at Rs.2306, with an intra day low at Rs.2285.15 and volumes are pretty robust at over 2 lakh shares. The stock is buzzing today as it is set to declare its Q4 and FY13 numbers. Most analysts are expecting very muted numbers, with net profit expected to tumble down around ...

SBI hits a new low

about 13 years ago

State Bank of India (SBI) has hit a new 52-week low today at Rs.1599.05 and though it has recovered from this level, it remains in the red at Rs.1615.85, down almost 3%. The stock is in the red ahead of its Q1FY14 expected to be announced today. Expectations are largely of a poor set of numb ...

SBI spikes up on NPAs sale news

about 13 years ago

State Bank of India (SBI) is in the limelight today, with the stock currently at Rs.1692, up almost 2.5%, with an intra day high at Rs.1700. The stock is reacting to the news that the largest bank of India, which is grappling with huge bad debts, announced a first-of-its-kind move to correct ...

IIFL Finance at new high

about 6 years ago

The stock, which had closed yesterday at Rs.271.30, opened at Rs.281.95 and went on to Rs.292, hitting a new 52-week high.

PNB Housing Finance at 20% UC

about 5 years ago

The stock, which had closed on Friday at Rs.437.70, opened today at Rs.440 and soon hit the 20% UC of the day at Rs.525.50, a new high too, where it now remains frozen.

L&T Finance on the buzz

about 14 years ago

L&T Financel Holding is doing well today, up over 1.5% at Rs.80.50, with an intra day high at Rs.81. The stock’s 52-week high is at Rs.97.35. The stock is buzzing today as it is expected to declare its Q4FY13 and FY13 numbers today. Market capitalisation of the company currently st ...

Delayed cheer for Dewan Housing's 1:1 bonus

about 11 years ago

Wadhwan Group’s home loan arm Dewan Housing Finance is trading up the green, higher by almost 3%, now at Rs. 487, when the broader markets are marginally in the red. Company has announced a 1:1 bonus for its equity shareholders along with good set of Q1FY16 results. However, as soon as the ...

Brookfield REIT – better home work is required

about 6 years ago

We wonder the kind of preparation and sincere efforts that goes into a mammoth fund raise!

Men working from and at home – good for all!

about 6 years ago

Men have brought their corporate culture into the households, with higher levels of automation.

Home First lists at premium

about 6 years ago

The stock debuted today on the BSE at Rs.612.15 and at Rs.618.80 on the NSE v/s the IPO price of Rs.518.

Shriram Finance

about 16 years ago

Price Band : Rs. - to Rs. -
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SBI & Tata Motors - Are valuations justified?

about 6 years ago

Though it is 'free for all' for Media and Hourly experts, but reminds us of 'Buyers' Beware' as well

REAL ESTATE BILL - CAN YOU AFFORD YOUR DREAM HOME NOW? NAH!

about 14 years ago

Does it in any way mean that you will now be able to own your dream home? Or is there protection against indiscriminate price hikes by realtors? Well, the answer to these very crucial questions is - NO. But it is at least a beginning and the attempt is to bring about some transparency in this highly unregulated sector.

Shriram Finance

about 13 years ago

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Shriram Finance

about 13 years ago

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THE FALL OF NBFCs – FEAR FACTOR AT PLAY

about 8 years ago

So if Dewan Housing and IL&FS were responsible for precipitating a sense of panic in the NBFC and housing finance company (HFC) counters, how come despite these two gaining, the NBFCs and HFCs remain in the deep red?

NBFCs nervousness continues

about 8 years ago

NBFCs continue to remain in the deep red. Muthoot Finance slipped almost 7% to Rs.428; LIC Housing Finance is down 3.5% at Rs.422.30

WORRIED ABOUT RISING MARKETS?

about 5 years ago

The Govt, which does always have an eye on the markets also seems to be worried. On Monday, the Parliamentary Standing Committee on Finance asked SEBI about the growing role of retail investors in the equity markets and seemed to be worried about its impact on the market functioning.

BUDGET FY20 – VERY BIG ON RHETORIC

about 7 years ago

For the first Budget ever by a full time woman Finance Minister, Nirmala Sitharaman was pretty passionate with her speech. She also displayed her linguistic abilities, quoting in Sanskrit, Tamil, Urdu and Hindi and maybe a few words of Gujarati. She was so emphatic and “into it,” the speech, punctuated with constant repeats, was an interesting watch.

BUDGET FY14 - THE GAINERS AND LOSERS

about 14 years ago

On the whole the Budget was a lot of talk but there does not seem to be the right stride in the walk to meet this talk. The Finance Minister on one hand said that the FY14 plan expenditure is to be raised by 30% but at the same time, he says that fiscal deficit for FY14 will come down to 4.8% from the current year estimate of 5.2%. How does this math add up? There is a massive jump in social schemes, so one wonders how the fiscal deficit

RATE CUT IS NOT A MIRACLE PILL FOR GROWTH!

about 9 years ago

In a pre-emptive move today, SBI, a day ahead of RBI’s interest rate decision, announced a slash of its interest rate on deposits, even on rates offered on savings account balances; this has happened for the first time since rate was deregulated in 2011.Effective immediately, SBI announced that accounts with a balance of less than Rs.1 crore will now earn 3.5% on their savings account balances compared to 4% earlier.

DHFL at 5% UC

about 7 years ago

Dewan Housing Finance Ltd (DHFL), which is among the top five gainers on the BSE is locked at its 5% UC of Rs.15.80.

UNION BUDGET FY20 – A SURGICAL STRIKE, DECIMATING ALL OPPOSITION

about 8 years ago

It is an election budget! There is no doubt on that! And who said that it was an interim budget? It was a full budget! The Budget has tried to keep all the voters happy – farmers, middle class, home owners, corporate India. At the moment it is a little difficult to see who among them is happier

JULY FOMC MEET - A NON EVENT, UNCERTAINTY CONTINUES!

about 13 years ago

It was a non-event, no firework announcements on QE easing as expected. In fact there had been more action on the Indian bourses - it was an action packed day with the Commerce Minister doing his bit, the finance minister giving us his one year 'report card' and tried to keep hopes intact. RBI also stepped in with some reassuring statements. But it was ultimately Ben Bernanke

TFCI up almost 11%

about 14 years ago

Tourism Finance Corporation of India (TFCI) is doing very well in this otherwise bad market. The stock is up currently almost 11% at Rs.24.65, with an intra day high at Rs.25.85. Its 52-week high stands at Rs.30.35. Volumes are HUGE at over 2.3 lakh shares being traded compared to around 7400 sha ...

AFFORDABLE HOUSING - THE NEW BUZZ WORD IN REALTY

about 12 years ago

Anybody and everybody is talking about this - affordable housing. Reports are being put out by brokerage and analysts about the pot of gold which affordable housing represents. In fact Axis Bank, in April launched a 30-year 'affordable housing loan, known as 'Asha Home Loan'.

PNB Housing Fund Raise - Positive for promoter PNB too

about 5 years ago

PNB Housing is India’s 4th largest housing finance company (HFC) behind HDFC Ltd., LIC Housing and Indiabulls Housing

Rs.70 THE NEW NORM FOR INDIAN RUPEE?

about 8 years ago

There is a sense of unease on Dalal Street. And also on Mint Street. Stocks as well the rupee are down in the red and the mood is that of great uncertainty. The rupee crossed the Rs.72-mark yesterday and the plunge was arrested only on account of RBI intervention. Though Finance Minister Arun Jaitley

Two new debutants

about 2 years ago

TBO Tek made a great debut on the markets today, listing at a premium of 50% while listing of Aadhar Housing Finance was not very good – listing at Rs.314.50 v/s IPO price of Rs.315.

STIMULUS – ALL SMOKE AND MIRROR?

about 5 years ago

Yesterday at 3 PM, the Finance Minister announced the first stimulus package post the second wave. Everyone, till some days ago was talking about it and expecting the sky and the moon. And when it was finally announced, it went down like air from a balloon. A small hiss – that’s the only sound one heard and it lay down there like, well, a squashed balloon.

NBFCs in limelight

about 2 years ago

Following this news, NBFCs are in the green today lead by the likes of Bandhan Bank, CreditAccess Grameen, AU Small Finance Bank and Cholamandalam Investment.

SFBs under pressure

about 8 months ago

Utkarsh Small Finance Bank fell 4% to Rs. 14.25, while Equitas SFB (Rs. 64.34) and Jana SFB (Rs. 360.10) were down about 2.5% each. Ujjivan SFB slipped 1.3% to Rs. 60.76, and AU SFB declined 1.2% to Rs. 961, as the selling spread across lenders

Divi's hits all-time high

about 6 years ago

Following this news, Divi's Laboratories hit an all-time high of Rs 3,331 in the early trade, up nearly 4.5%. SBI Life is currently at Rs.880

Stcoks to benefit

about 9 months ago

China’s Ministry of Finance has announced it will remove VAT export rebates on 249 products (including solar cells) from April 1, 2026, and cut VAT export rebates on certain battery-related goods to 6% from 9%

REC and PFC jump 4%

about 9 months ago

The FM proposed a restructuring of the organisations, with the stated objective of improving efficiency and strengthening power-sector financing. The move triggered buying interest across power finance names as investors positioned

NDL Ventures UC at new high

about 8 months ago

The stock was locked in thle 20% upper circuit and a new 52-week new high at Rs 117.60 on the BSE in morning trade, as investors reacted to a key regulatory approval tied to its proposed merger with Hinduja Leyland Finance Ltd.

PNB declines over 3%

about 10 months ago

The stock declined up to 3% in early trade today after the lender disclosed a legacy fraud exposure linked to erstwhile promoters of SREI Equipment Finance

Housing fin stocks cheer

about 6 years ago

Post the RBI policy, it is the housing finance companies which are dominating the gainers list on the BSE. LIC Housing, GIC Housing, Repco Home, Can Fin Homes, HDFC

Equitas SFB lists at discount

about 6 years ago

There is a new listing on the bourses today – Equitas Small Finance Bank or Equitas SFB, getting listed at a discount.

PARLIAMENT – ONLY AND ONLY POLITICS

about 6 years ago

Obviously, with so much happening on the political front, no constructive debate is expected to happen and like always, the Finance Bill will get passed without even a whimper or a voice of protest. There are some 25 other Bills too but all are likely to get passed on to the next session.

PNB Housing among losers

about 7 years ago

PNB Housing Finance is among the top three losers on the BSE since morning. The stock lost over 12% to hit an intraday low at Rs.476.80;

Ujjivan Small has bumper listing

about 7 years ago

Ujjivan Small Finance Bank has made a fantastic debut today morning. As against the IPO price of Rs.37, it got listed on the BSE at Rs.58, going up to Rs.62.80.

Realty stocks in limelight

about 8 years ago

Realty stocks are having a good run on the bourses today morning and the top gainer, figuring in the top five gainers on the BSE is housing finance company, HUDCO.

SREI Infra bounces back

about 7 years ago

SREI Infrastructure Finance had been hitting new lows for the past two consecutive days. Today, it opened in the green and rose to Rs.18.25, rising 3%

Shriram Trans drops 6.5%

about 7 years ago

Shriram Transport Finance opened today morning with a fall of over 5.5% at Rs.1020 and went on to hit an intraday low at Rs.1011, down over 6.5%.

Gruh Fin hurts as 'bandhan' snaps

about 7 years ago

Gruh Finance is among the top five losers on the BSE since opening bell. It opened at Rs.293, a loss of 5% and went on to hit an intra day low at Rs.285.30

Indiabulls Housing falls 10%

about 7 years ago

Indiabulls Housing Finance opened with a loss of 3.5% at Rs.700 and went down 10% to Rs.672. Currently there are only offers, no bidders on the counter.

PNB Housing crumbles

about 8 years ago

PNB Housing Finance is down in the red today, going down 5.5% to Rs.717.15. It has recovered a bit from this intra day low but stays firmly in the red.

KAUN BANEGA BANKER?

about 6 years ago

Who will get the new banking license? That’s probably the only non-Covid related question doing the rounds in India Inc currently. RBI, on 15th April, released names of eight candidates who had applied for this round of ‘on tap’ Licensing of Universal Banks and Small Finance Banks. And it was pretty astonishing to see that not a single big corporate house

EXPECT A "SLOW TRAIN" FROM THE RAILWAY BUDGET

about 11 years ago

It will indeed be a precarious run on stilts for the Railway Minister, Suresh Prabhu. Big ticket reforms are what he has always promised, all along. Yet, his ideas might not the financial muscle that is required as the Finance Ministry will itself need to think a bit out-of-the-box to increase its revenues.

SURGING CAR SALES – SUSTAINABLE?

about 6 years ago

Call it pent up demand or the effect of the pandemic or even the lure of easy availability of finance and low interest rates; whatever be the reason, automobile companies are not complaining. Market leader, Maruti reported a 18% (YoY) jump in sales at 1,63,656 units for Oct.

THE PRESIDENTS SPEECH - NO OSCAR RESPLENDENCE

about 12 years ago

It would surely have been a sense of dÃ©jÃ vu for the President of India, Pranab Mukherjee. He was earlier the Finance Minister and would have most certainly experienced the fervor which surrounds a Budget session and might have listened to the President's address then with a sense of responsibility.

BUDGET WILL DO A KAIPO CHE - ON OUR POCKETS!

about 14 years ago

trepidation and no anticipation for anything positive. An able Finance Minister, P.Chidambaram is in place and if left alone, he will do a good job. That is a big "if". With Elections scheduled for 2014, this is probably the only Budget where the Govt will be able to do some good for the economy and the Budget for next year will be all about politics and giving away as much largesse as possible. So there are two view points here;

HOW IS THE UNION BUDGET PREPARED?

about 14 years ago

This article is more about the machinations which happen behind the scenes and the nuts and bolts which move to make the Budget a reality. A free wheeling, light hearted read so that you can be ready for all the heavy duty grey cell work tomorrow! So do you know how the Budget actually gets made? It is a process in itself and a veil of secrecy shrouds the finance ministry and other Govt offices at North Block right from the beginning of February

GOLD BUYING TO BE CURBED BY IIBs? NAAH!!

about 14 years ago

Apart from hikes in duties, our honorable Finance Minister has proposed the introduction of Inflation-Indexed Bonds or IIBs. The idea is indeed in the right direction - when investors are given an alternate investment option, which helps you hedge against rising inflation, the FM hopes that IIB will do the trick. Real estate and gold, move with costs and these

OIL SUBSIDY - TOO MANY SLIPS AND FALLS

about 14 years ago

Yesterday, the Finance Minister approved the subsidy compensation for oil marketing companies (OMCs) for Q4FY13 at Rs.45,000 crore. Earlier during the fiscal, cash subsidy of Rs.55,000 crore was given; this means that for FY13, the total subsidy doled out is to the tune of a jaw dropping Rs.100,000 crore or Rs.1 trillion. Upstream OMCs will share a subsidy burden to the tune of Rs.60,000 crore.

THE FM's SPEECH - COULD NOT HAVE BEEN MORE REASSURING

about 14 years ago

For the market to react this way to a very pragmatic speech of the Finance Minister, P Chidambaram today was pretty immature. Yes, we have become a nation of One Day matches and have not got the vision and appetite for Test Matches which actually builds real talent.

ARE TAX-FREE BONDS A GOOD BET?

about 13 years ago

The tax free bond issue of Power Finance Corporation (PFC) closes on 11th November and its 15 year (Series 2) bonds were comparable to 12.72% pre-tax return earned on other fixed income instruments, assuming the highest tax bracket of 30.9% for retail individuals

TAX FREE BONDS - THE 'BEST' FLAVOR OF THE SEASON!

about 13 years ago

And exactly like last year, this time too, PSUs continue to take the lead in issuing tax free bonds. The 'season' was flagged off by two offers - National Highways Authority of India (NHAI) and Indian Railways Finance Corporation (IRFC). As per data put out by SEBI, public issue of NCDs and tax-free bonds, till end of Feb'14 mobilised Rs.33,842 crore - this is almost double the money collected in FY13. Tax-free bonds offered by IRFC, Power Finance Corporation (PFC) and NHAI

TRIGGERS ON WHICH MARKETS WILL SWAY AND DANCE

about 13 years ago

First and foremost will be 26th May - we do not know the exact time but that's the day when Modi will be sworn in as the new PM and we will the key Cabinet ministers also being sworn in. There is major speculation about who will get what. Currently the finance minister is a tough choice between Arun Jaitley and Arun Shourie. In fact Shourie is being tipped for Commerce and Industry too. Sushama Swaraj is said to be keen for

ECONOMIC SURVEY FY15 - SETS THE ROADMAP FOR BUDGET FY16

about 12 years ago

The Economic Survey has been tabled today, following the tradition of presenting this important financial document a day before the Union Budget. This document is basically an annual statement which is put together by the Finance Ministry of India, showcasing the economic development during the course of the year.

WINTER SESSION - TIME TO WALK THE TALK

about 12 years ago

In the previous Budget Session, which was between 7th July to 14th August, a few important Bills were passed - The Finance Bill, Creation of National Judicial Appointments Commission for appointment of judges to the Supreme Court and High Courts, altered the boundaries of the states of Telangana

TRACKING THE MSCI INDEX - WHIFF OF FII PREFERENCES?

about 11 years ago

Today, Glenmark hit a new life time high at Rs.1164.20 while Indiabulls Housing Finance is up over 4%. On the other hand, Jindal Steel and Power hit a lifetime low of Rs.62.40. The reason for this massive up and down in these scrips? Glenmark and Indiabulls are to be included to MSCI Global Standard Indexes while Jindal Steel and Power will be deleted from the index. This will be effective closing of 31st August. Market grapevine had it that Britannia might also get

GST COUNCIL MEET – ALL ABOUT STATES’ COMPENSATION

about 6 years ago

According to the Finance Secretary at the GST meet today, the compensation to the paid to the states would be to the tune of Rs.3 lakh crore vis-à-vis the compensation cess collection of Rs.65,000 crore. Thus there is a gap of Rs.2.35 lakh crore, which can be borrowed from the market.

7TH PAY COMMISSION - TO BOOST CONSUMPTION

about 11 years ago

There are various other recommendations; after all it is a very detailed 900-page document. This is good news for the Govt employees but for the Govt itself, it could mean that it puts a question mark of the Finance Minister's ability to meet the fiscal deficit target of 3.5% of GDP. This pay hike will put more money in the hands of people with no real increase in supply - today's statement by Rajan, expressing his worry over no increase in public and private investments in the country,

Indiabulls Housing jumps up 9%

about 8 years ago

Indiabulls Housing Finance had hit a new low on Friday at Rs.640.15 and today, it is currently the top gainer on the BSE at Rs.712, up 9%.

WHY DO TRADE UNIONS OPPOSE PRIVATIZATION?

about 11 years ago

IDBI Bank, beginning today, is on a 4-day strike. Coal India was to go a strike from tomorrow; thankfully that has been deferred as of now. In both the cases, the reason is the same - oppose the privatization move by the Govt. In the Union Budget speech, the Finance Minister had stated that he will look at ceding control in IDBI Bank and bring down stake from 80.2% currently to less than 50%.

FISCAL TO CHANGE FROM APRIL-MARCH TO JAN-DEC?

about 10 years ago

News of another new change is doing the rounds - change in the fiscal year. Whoa!! That's big news and big change. We currently have the 1st April to 31st March as the fiscal year ending. The Finance Ministry has set up a committee under Shankar Acharya, a former Chief Economic Adviser to the Finance Ministry, to examine the desirability and the feasibility of a new financial year.

ECONOMIC SURVEY FY17 – SETS THE ROADMAP FOR BUDGET FY18

about 10 years ago

The Economic Survey has been tabled today, following the tradition of presenting this important financial document a day before the Union Budget. This document is basically an annual statement which is put together by the Finance Ministry of India, showcasing the economic development during the course of the year. The draft of the survey is prepared by Department of Economic Affairs and cleared by Chief economic Advisor and the secretary Economic Affairs.

AS THE MARKET ZOOMS, KEEP FEET FIRMLY ON THE GROUND!

about 10 years ago

Take a look at the stocks which have hit their life time highs today – APL Apollo, Andhra Sugar, Bengal Assam, Dukes Offshore, Dwarkesh Sugar, Everest Kanto, Florence Investec ( part of Singhania group), Indus Ind Bank, India Bulls Housing, Kotak Nifty, KRBL, L&T Finance and many more.

RS.3 PEN TIED IN BANKS WHILE SCAMSTERS EMPTY THE COFFERS!

about 9 years ago

The horses have run out of the stable and the door is now being closed. That’s how one feels on reading that 36 scamsters have already fled the country and we are left sifting through the muck, working relentlessly on extradition while the tax payers money gets wasted, time and again. While RBI and finance ministry continue with their blame game, we can only watch helplessly as banks get heisted.

ROWE PICKING UP A RIGHTFUL ROW IN UTI MF

about 9 years ago

It was great pleasure that we read the news that US-based asset manager T.Rowe Price Group was asking some very pertinent questions regarding the much delayed IPO of UTI Mutual Fund (UTI MF). In an exclusive to Business Standard, what we learnt is that T Rowe has shot off a very terse letter to Finance Ministry and SEBI, stating that the Board of UTI MF was deliberately putting off the IPO and it has sought immediate Govt intervention/action.

“PAGING” FOR THE MSCI INDEX

about 8 years ago

On the MSCI India Domestic Index, which was effective 31st May’18, 4 stocks were added – Avenue Supermarkets, Biocon, HDFC Standard Life and Indigo. The deletions are three – IDFC Bank, Power Finance Corp and Vakrangee. This was a semi-annual exercise, done every year in May and November.

WILFUL DEFAULTERS – MAKE IT A CRIMINAL OFFENCE

about 7 years ago

Yesterday in the Lok Sabha, responding to a set of questions, Finance Minister Sitharaman, she said that the number of wilful defaulters has risen 60% the five years up to FY19. The total number of wilful defaulters stood at 8,582 at the end of FY19 v/s 5,349 at the end of FY15.

Realty stocks build up

about 8 years ago

Realty and housing finance companies are ruling the roost today morning. The top five gainers on the BSE is led by Prestige, followed by Oberoi Realty

Manappuram hits a new high

about 10 years ago

Manappuram Finance is the top gainer on the BSE; hitting a multi-year new high today at Rs.78.40 and it continues to remain firm at Rs.78 levels, up over 9%. The market is extremely happy with the rating agency, Crisil upgrading the rating for the company. On Friday, Crisil announ ...

Shriram Transport jumps over 4%

about 8 years ago

Shriram Transport Finance is doing pretty well today; the most trending company in news and social media currently. The stock price rose over 4.2% to Rs.1124.85

Manappuram Fin loses shine

about 14 years ago

Manappuram Finance is a big loser on the BSE today. The stock is currently down 10% at Rs.24.95 and its 52-week low stands at Rs.18.60. The stock has taken a big beating after the company put up an update on its operations and it has guided a net loss of Rs.50 crore for Q4FY13. This is a sha ...

BPCL and HPCL in the red

about 13 years ago

BPCL and HPCL figure out amongst the top five losers on the BSE. BPCL is currently down almost 3% at Rs.436 while HPCL is down over 2% at Rs.285. Both Govt owned Oil Marketing companies (OMCs) are down on news that the Finance Ministry wants these companies to absorb a much higher share of u ...

Shriram Transport up over 4%

about 13 years ago

Shriram Transport Finance seems to be on the super highway. The stock is up over 4% at Rs.596, close to its 52-week at Rs.599. Volumes are up over 2 times. The stock is up despite the company posting a not-so-good numbers for Q2FY14. This is one of the largest asset financing NBFC in the cou ...

Manappuram may get a new shareholder

about 13 years ago

Manappuram Finance is up about 2% at Rs. 15.7 on BSE, after giving up most of the early morning gains, when it opening at a high of Rs. 16.15. It is reported that US based ace PE investor TPG is looking to purchase minority stake in India’s largest gold financing NBFC in addition to acquiri ...

Kajaria Ceramics up in green

about 13 years ago

Kajaria Ceramics is up over 2% today morning at Rs.236, with an intra day high and low at Rs.237.90 and Rs.232 respectively. Volumes remain muted at around 2600 shares. The stock is up on news that foreign fund Swiss Finance Corporation (Mauritius) bought 8.08 lakh shares or 1.1% stake at Rs ...

MTNL rings loud

about 13 years ago

MTNL is ringing loud today morning. The stock, which had closed at Rs.15.35, opened at Rs.15.75 and is currently up almost 4.5% at Rs.16 levels. Volumes are high at 15 lakh shares. The PSU telecom company has zoomed up after the Group of Ministers (GoM), headed by Finance Minister P. Chidamb ...

MMTC hits new low

about 14 years ago

MMTC continues to lose its shine, it hit a new 52-week low today at Rs.191 and though it has recovered from this low, it remains in the red – currently down almost 4%. The stock is down on news that the Empowered Group of Ministers (EGoM), headed by Finance Minister is scheduled to mee ...

Dewan Housing up over 4.5%

about 14 years ago

Dewan Housing Finance Corporation (DHFC) is doing well today, up almost 4.5% at Rs.181, with an intra day high at Rs.190. Its 52-week high stands at Rs.224.90. Volumes are huge at over 93,000 shares changing hands in the morning compared to around 9000 shares over the past two week average. ...

Manappuram Fin hits lower circuit

about 14 years ago

Manappuram Finance is deep in the red today. The stock is down 10% at Rs.15.70, a new 52-week low and it has been frozen on the 10% lower circuit, with over 3.35 lakh sellers on the counter. The stock hit the lower circuit on news that the private equity investors have barred the compa ...

Muthoot Fin loses all sheen

about 14 years ago

Muthoot Finance is currently the biggest loser on the BSE, down over 16% at Rs.126.65, with an intra day low at Rs.121.85. Volumes are huge at almost 3.5 lakh shares compared to 31,000 shares over two week average. The stock has tanked with the gold prices. After the fall on Saturday, today ...

PSU Banks steal the limelight

about 10 years ago

It’s a great day for PSU banks on the bourses today. Indian Overseas Bank, BoB, Bank of Maharashtra, PNB, Indian Bank, Corporation Bank, Canara Bank, Andhra Bank, Oriental Bank, Syndicate Bank – all have hit a new 52-week high today. SBI is currently less than Rs.2 away from hitting a new high.

Shriram Transport on good roads

about 13 years ago

Shriram Transport Finance opened for trade today morning with a gap on the upper side of over Rs.20, hitting an intra day high of Rs.754. Though it has come of f these levels, it remains strongly in the green, over 1.5%. This stock and the other Shriram group stocks, all in the green followi ...

PSU banks all in the red

about 9 years ago

Amongst the top five losers on the BSE, the top four are PSU banks. It is led by Syndicate Bank, down 5.5% at Rs.78; SBI is down over 4%, BoB, Bank of Maharashtra, Andhra Bank, Indian Bank, Allahabad Bank, Union Bank, PNB;

DLF up 4% on deal completion

about 13 years ago

Shares of realty major DLF are up 3.62% at Rs. 142.90 per share, when the broader BSE Sensex is up a percentage point at 20,080. Company has completed slump sale of its subsidiary DLF Home Developers Ltd.’s 33MW wind turbines at Rajasthan, for which it has received a consideration of Rs. 67 ...

Sun TV reception goes bonkers!

about 12 years ago

Sun TV is the top loser on the bourses currently. The stock is down by a jaw dropping 26% at Rs.265 compared to Friday’s close of Rs.356. And it hit a new 52-week low today at Rs.258. This relentless beating down of the stock is happening because the Home Ministry has struck down the I ...

Sun TV under dark clouds

about 11 years ago

Sun TV continues to remain eclipsed. Currently the second top loser on the BSE, it is down 4% at Rs.320 with an intra day low of Rs.311.95. Its 52-week low stands at Rs.258. In the ongoing battle between the Sun group and Ministry of Home Affairs (MHA), the PMO’s office has decided to ...

Liabilities

about 8 years ago

Liabilities are the debts or financial borrowings either directly or indirectly taken by the company in order to expand business and finance operations.

Return of Capital vs Return on Capital

about 8 years ago

The term return of capital gained significance in finance and especially the lending world (banks, NBFCs) of late, as NPAs started mounting and lenders were forced to concentrated on return of capital (principal loan amount) instead of the return on capital (interest on loans).

Hitachi on a "cool" track

about 10 years ago

Air conditioner maker, Hitachi Home hit a new 52-week high today at Rs.1570 with robust volumes. Its life time high, hit in June ’15 stands at Rs.1744.90. Today the new 52-week high is on the back of a very good show for Q1FY17. The name of the company is Japanese but it is now a US su ...

Pokarna hits a new high

about 10 years ago

Pokarna, which is a Secunderabad based company, processes granite and has two factories to do so. This company is the limelight today as its wholly-owned subsidiary , Pokarna Engineered Stone Ltd, has partnered with Swedish home furnishing products retailer IKEA in India, to serve as its exclusiv ...

PRANABDA FOR PRESIDENT. SO WHO WILL BE THE NEW FM?

about 15 years ago

The market was nonchalant about the entire thing, a non-event. And the only thing which could cause some worries to the market, actually, two things, - firstly, if this topples the UPA and a bugle is sounded for midterm polls. And secondly, with Pranab Mukherjee expected to step down as Finance Minister

Leading the way...

about 7 years ago

You thought it was India and China leading the world when it came to solar energy? Think again. Apart from being the host nation of Formula ePrix, Morocco is also home to the world's largest concentrated solar farm.

L&T slumps after yesterday's new high

about 13 years ago

The price movements in L&T have been wild to say the least. The stock had hit a new high on 31st March at Rs.1301, and then yesterday too it hit a new high at Rs.1310 but today, it has slumped into the red, currently down 2% at Rs.1276. Apart from profit booking and its L&T Finance be ...

PSU stocks steal limelight

about 13 years ago

PSU stocks are currently the movers and shakers on the bourses. The top gainers on the BSE are all PSUs, led by REC, Power Finance and other gainers like – Hind Copper, Indian Bank, Shipping Corp, Coal India, RCF, BEML, Engineers India, even HMT. Apart from the fact PSU stocks have bee ...

GIC Housing jumps over 7%

about 9 years ago

GIC Housing Finance is amongst the top five gainers on the BSE since opening bell. The stock price surged over 7% to Rs.435.25 and is now hovering around Rs.427 levels.

IDBI Bank hits a new high

about 11 years ago

IDBI Bank has hit a new 52-week high today at Rs.93.85 and the third straight session of consistent gains. The stock is up on unconfirmed news report that the Govt is talking to International Finance Corp (IFC), the World Bank arm, to sell 15% stake in the bank. The Exchanges have sough ...

Thomas Cook shines bright

about 9 years ago

IFCI surged over 5% to Rs.25 levels, with Thomas Cook going on to hit a new 52-week high at Rs.255.95. Tourism Finance Corporation of India (TFCI) too hit a new high at Rs.129.