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FUSION MICRO NEWS
Apple Pay’s India challenge; TCS hiring pushHappy Tuesday! Apple Pay faces pricing challenges as it works to launch in India. This and more in today’s ETtech Morning Dispatch.- Turkey’s deepening role in Bangladesh adds a new layer to India’s security calculusTurkey's growing influence in South Asia, particularly Bangladesh, is raising concerns in India due to Ankara's alignment with Pakistan and...
- Market hot, companies cut IPO launch time after Sebi nodDespite SEBI taking longer to approve IPOs in 2024, companies have reduced the time to launch their offerings to an average of 81 days. The...
- Buy Fusion Micro Finance, target price Rs 720: Motilal OswalFusion Micro Finance Ltd., incorporated in the year 1994, is a Small Cap company (having a market cap of Rs 5936.16 Crore) operating in NBF...
- Fusion MicroFinance Q3 Results: Net profit surges 23% YoY to Rs 126 croreThe net interest margin for the quarter improved to 11.54%, a good 118 basis points higher than what it was in the same quarter last fiscal...
- Budget 2024 impacts stock market investors in 5 ways if you look beyond SensexThere were neither any shocks nor pleasant surprises in the interim Budget, with no myopic measures being announced. The government did not...
- Stocks in news: RIL, Fusion Micro, Axis Bank, NBCC, SBIPrivate equity firm Bain Capital has offloaded 1.1% stake in Axis Bank through the open market on Wednesday, thereby taking home over Rs 3,...
- Fusion Micro Finance Q1 Results: PAT shoots up 60% YoY to Rs 121 croreNet interest income increased by about 60% at Rs 294 crore against Rs 185 crore in the year ago period. Total income rose 53.4% at Rs 553 c...
- Fusion Micro Q4 net up nearly nine-fold on business growthFusion managing director Devesh Sachdev expects the NIM to further improve to 11-11.5% once the churning of the portfolio completes with hi...
- MSCI Rejig: 14 stocks including Fusion Micro, IRCON Intl enter Global Smallcap index; 9 exitMSCI Inc has announced changes to its Global Smallcap index, where 14 Indian stocks will enter while nine will exit the index on May 31. Th...
- Fusion Micro issue gets 2.95x bids on last dayThe qualified institutional buyers (QIBs) portion was subscribed 8.59 times, while the portion reserved for non-institutional investors was...
- Fusion Micro Finance oversubscribed 2.95x on final bidding dayThe company has reserved 50% of shares for qualified institutional buyers, whereas non-institutional investors will get 15% of shares. The ...
- Fusion Micro Finance IPO subscribed 2% in 90 mins of bidding processAccording to the data from BSE, investors made bids for 4,83,680 equity shares or only 2% compared to the 2,13,75,525 equity shares offered...
- Fusion Micro Finance IPO opens: Here's what brokerages say about the issueFusion Micro Finance mobilised Rs 331.2 crore through anchor book ahead of its IPO launch by allotting 89.99 lakh equity shares at Rs 368 a...
- Fusion Micro Finance IPO to open tomorrow: Should you subscribe to the issue?Fusion has optimized the cost of funds, liquidity requirements and capital management over the years, in challenging market conditions, led...
- Ahead of IPO, Fusion Micro Finance garners Rs 331 crore from anchor investorsNomura, BNP Paribas Arbitrage, Aditya Birla Sun Life Mutual Fund, ICICI Prudential Mutual Fund, Edelweiss Mutual Fund, Motilal Oswal Mutual...
- Fusion Micro with rural focus a good bet for high-risk investorsFMF is the second largest pure-play micro-finance company in the country after CreditAccess Grameen, with a focus on the fast-growing rural...
- Fusion Micro Finance IPO price band fixed at Rs 350-368; issue to open on Nov 2The company has reserved 50% of shares for qualified institutional buyers, whereas non-institutional investors will get 15% of shares. The ...
- Poetry flowed like blood and tears at a rally in Bengaluru this week to protest the murder of Gauri LankeshMany poets made the point that a defenceless woman was killed without her being given a chance to say anything at all.
- Delhi-NCR well positioned to transform into a smart city: Pradeep Seth, RPS GroupPradeep Seth also says that Delhi-NCR is the nation’s first window to the world and the region must reflect the aspirations of new India.
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