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MAGMA FIN CORP
Poonawalla FinCorp may be a dark horse but it is not the next Bajaj Finance: Digant Haria" We say that the next HDFC is HDFC and similarly, the next Bajaj Finance is Bajaj Finance. Obviously, we cannot expect an encore of the la...- Abhijit Chokshi on 5 safe infra and auto ancillary stocks to bet onAbhijit Chokshi of Stockifi.in likes infra midcaps NCC, GMR Airports for medium to long term mainly because in all the Budgets there has be...
- Adar Poonawalla to own Magma FinCorp via equity infusionThe preferential allotment is for an aggregate value of Rs. 3,456 crores, subject to shareholders’ and other regulatory approvals, the comp...
- Share market update: NBFC stocks mixed; Reliance Capital slips 5%The NSE Nifty50 index was trading 16.20 points down at 11,891.95.
- NBFCs could shine in Q4, but credit growth may disappointslowdown in auto sales may weigh heavy on vehicle finance NBFCs.
- NBFCs back in business of hiringCompanies may hire about 15,000 in FY20, indicating a return of stability to the sector.
- DHFL to raise Rs 1,500 crore via bond salesLIC of India is expected to subscribe to those long-dated papers that may open for subscription this week.
- Buy some, sell some: Institutions shuffle NBFC investmentsThe weak sentiment is likely to see more selling by investors in the NBFC space.
- Former SBI chairperson Arundhati Bhattacharya joins ChrysCapital as advisorA ChrysCapital spokesperson has confirmed the development while Bhattacharya did not respond to calls.
- Fear over NBFCs overblown, most in good health: BrokeragesOn Monday, Kotak Securities upgraded four NBFCs to ‘buy’ or ‘add’.
- MACD charts show Bharti Infra, L&T, Escorts among 42 stocks readying to rally furtherThe MACD is known for signalling trend reversals in a traded security or index.
- The week in 10 stocks: Venky’s 50% run-up and those at record topHere are the stocks and sectors that made headway during the week.
- Market Now: Magma Fincorp, Endurance Tech hit fresh 52-week highOverall, 35 shares were trading in green in Nifty50 index, while 16 were trading in red around the same time.
- JBIMS completes MMS course placements with top salary of Rs 26 lakh; average salary of Rs 16.18 lakhJBIMS has completed the final placements for its MMS course with a top salary of Rs 26 lakh per annum and an average stipend of Rs 16.18 la...
- KKR pan-Asian PE fund raises a record $6 billion; likely to invest big chunk into IndiaKohlberg Kravis Roberts & Co (KKR) has raised $6 billion in its Asian II Fund, the largest pan-Asian PE fund raised so far.
- Small-caps that can give nearly 20% returns in short termAccording to analysts, traders should use dips to go long. Ashwani Gujral bets on top small-cap stocks which can give handsome returns in s...
- Magma Fincorp AUM at Rs 18,378 croreAsset finance company Magma Fincorp Magma Fincorp shares surged 8.19 % on Thursday on BSE, after it doubled its profits in fourth quarter (...
- Stronger rupee a saving grace for India Inc in September quarter but revenue growth a worryAn ETIG analysis of 2,300 companies, based on data for 13 quarters, shows a turnaround in corporate profitability and operating profit marg...
- India Inc on shopping spree, announces deals worth Rs 2,850 croreIn major deals worth Rs 2,850 crore, homegrown companies today announced acquisitions of assets from global firms with Sun Pharma buying DU...
- International biggies setting up shop in NBFC sectorThe panel discussion covered a variety of topics pertaining to the NBFC sector and the growth phases and challenges faced by the sector in ...
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