The FinTech Hub
Source: Live Mint Shares of Poonawalla Fincorp, the Cyrus Poonawalla Group-promoted non-banking financial company (NBFC), crashed on Friday after the firm posted a net loss in the September quarter of the financial year 2024-25. Poonawalla Fincorp shares tanked 16.89 per cent to ₹297.65, compared to ₹358.15 at the previous market close. The company released its…
Source: Live Mint The IPO of Deepak Builders & Engineers, which concluded recently, will see its shares debut on the Indian stock exchanges on Monday, October 28. As the Deepak Builders & Engineers IPO listing date approaches, investors’ focus has shifted to the potential listing gains, typically judged by looking at the grey market premium…
Source: Live Mint Bank of Baroda Q2 result: Bank of Baroda (BoB) on Friday, October 25, reported a nearly 23.2 per cent year-on-year (YoY) rise in standalone net profit at ₹5,238 crore for the quarter ended September 30, 2024. In the same quarter last year, the company reported a profit of ₹4,253 crore. On the…
Source: Live Mint With Samvat 2081 knocking on the door, Krishnan VR, Chief of Quantitative Research team at Marcellus advised investors to look for high-quality companies with clean accounts, returns on capital greater than the cost of capital, strong balance sheets, consistent profitability and reasonable valuations. He also suggested sticking to a long-term asset allocation…
Source: Live Mint With the arrival of Samvat 2081, Ventura Securities took a bullish stance on Indian equities, recommending five stocks that it believes hold significant upside potential. The brokerage cited promising growth across various sectors, including banking, entertainment, public services, and financial services. Ventura’s report forecasts upside potential ranging from 27 per cent to…
Source: Live Mint United Heat Transfer IPO Allotment: The initial public offering (IPO) of United Heat Transfer received strong demand from investors. As the bidding period has now ended, investors watch out for United Heat Transfer IPO allotment status, which is expected to be finalised today. United Heat Transfer IPO allotment date is likely today,…
Source: Live Mint Despite the sharp declines in the front-line indices during intraday trade on Friday, October 25, ITC shares have managed to surge nearly 5% to ₹493.50. This increase follows the company’s September quarter results, which came in line with Street estimates due to strong performance in the hotel sector and robust growth in…
Source: Live Mint Angel One Share Price Today on : At 25 Oct 11:32 today, Angel One shares are trading at price ₹2800.15, -2.42% down from the previous closing price. Sensex is trading at ₹79422.41, down by -0.8%. The stock has hit a high of ₹2933.75 and a low of ₹2762.4 during the day. On…
Source: Live Mint OBSC Perfection IPO allotment date today: OBSC Perfection IPO share allotment will be finalised today (Friday, October 25). The investors who applied for the issue can check the OBSC Perfection IPO allotment status on the registrar’s portal, which is Bigshare Services Pvt Ltd. OBSC Perfection IPO subscription status on the third day…
Source: Live Mint PNB Housing Finance share price jumped nearly 11% on Friday after the company reported strong earnings for the quarter ended September 2024. PNB Housing Finance shares rallied as much as 10.90% to ₹1035.00 apiece on the BSE. PNB Housing Finance reported a 23% year-on-year (YoY) rise in net profit at ₹470 crore…
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