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...
05 Feb, 2024, 10.19 PM IST
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...
01 Feb, 2024, 09.19 PM IST
Microfinance stocks in focus after Sitharaman hikes target for 'Lakhpati Didi' schemeBudget 2024: "83 lakh self-help groups with 9 crore women are transforming the rural socio-economic landscape with empowerment and self-rel...
01 Feb, 2024, 12.49 PM IST
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...
02 Aug, 2023, 10.13 PM IST
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...
23 May, 2023, 06.23 AM IST
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...
12 May, 2023, 02.05 PM IST
How good are Medanta, Bikaji & Fusion Microfinance IPOs?“Fusion Microfinance has grown very well, their AUM has tripled, revenue has doubled and the net profit growth is very good. But it all has...
04 Nov, 2022, 06.47 PM IST
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 ...
04 Nov, 2022, 05.43 PM IST
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...
02 Nov, 2022, 11.58 AM IST
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...
02 Nov, 2022, 10.01 AM IST
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...
01 Nov, 2022, 11.53 PM IST
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...
01 Nov, 2022, 10.21 PM IST
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...
01 Nov, 2022, 06.29 AM IST
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 ...
28 Oct, 2022, 08.44 AM IST
Fusion Microfinance to launch IPO on November 2. Here are the detailsUnder the OFS, promoter Devesh Sachdev will present up to 6.5 lakh equity shares. Further, Mini Sachdev will sell up to 1 lakh shares while...
27 Oct, 2022, 08.12 PM IST
Fusion MFI gets Rs 500 crore from Warburg, othersWarburg has invested Rs 360 crore in the Fusion, while Creation has put in Rs 160 crore.
07 Jan, 2020, 10.09 AM IST
Can Gillette tap into rural market and yet retain its value for urban consumers?Gillette's recent campaign with soldiers as brand ambassadors marks a big shift in market capture strategy. But can premium brands go mass ...
12 Dec, 2011, 12.40 PM IST