The FinTech Hub
Source: Live Mint PFC share price: Power Finance Corporation (PFC) share price surged nearly 9% on Monday’s session, following the company reporting a nearly 9% increase in consolidated net profit to ₹7,214.90 crore for the September quarter, primarily driven by greater revenues. The company reported a profit of ₹6,628.17 crore for the same duration of…
Source: Live Mint The Bank Nifty, which has lagged behind broader indices over the past few months, is showing signs of resurgence. A strong performance by HDFC Bank and Axis Bank, coupled with a mixed showing from Kotak Mahindra Bank, suggests the index could lift the markets in the coming sessions. Although rising deposit rates…
Source: Business Standard Illustration by Binay Sinha 5 min read Last Updated : Oct 16 2024 | 2:53 PM IST Shares of capital market-related sectors like asset management companies (AMCs) and broking firms are on a roll as they rallied up to 15 per cent on the BSE in Wednesday’s intra-day trade in otherwise…
Source: Business Standard 4 min read Last Updated : Oct 15 2024 | 11:06 AM IST Angel One shares have rallied by up to 9 per cent on the BSE in Tuesday’s intraday trade after the company reported a healthy 44 per cent year-on-year (YoY) jump in its consolidated profit after tax (PAT) at…
Source: Business Standard 3 min read Last Updated : Oct 14 2024 | 10:24 AM IST Ipca Laboratories share price hit a new high of Rs 1,690 per share, gaining 2 per cent on the BSE in Monday’s intraday trade, after Motilal Oswal Financial Services (MOFSL) upgraded the stock to ‘Buy’. The brokerage cited…
Source: Business Standard 3 min read Last Updated : Oct 10 2024 | 11:00 AM IST Shares of Oil India were up 3 per cent at Rs 593.80 a piece on the BSE in Thursday’s intra-day trade after Motilal Oswal Financial Services (MOFSL) reiterated its ‘Buy’ rating on the stock with a target price…
Source: Live Mint Motilal Oswal Financial Services (MOFSL), in its latest report, said that Q2 will see the slowest earnings growth for Nifty companies in 17 quarters, caught between tailwinds and headwinds. After four years of robust double-digit growth, the slowdown in corporate earnings is expected due to pressures from commodity prices, diminishing tailwinds from…
Source: Business Standard 5 min read Last Updated : Oct 04 2024 | 11:38 AM IST Shares of microfinance institution (MFI) Spandana Sphoorty Financial (SSFL), Fusion Finance and CreditAccess Grameen have hit their respective 52-week lows on the BSE on Friday’s intra-day trade on concerns these companies are likely to report weak earnings for the…
Source: Business Standard 4 min read Last Updated : Oct 03 2024 | 12:58 PM IST Shares of BSE (formerly Bombay Stock Exchange), Asia’s oldest exchange, hit a new high of Rs 4,235, as they surged 10 per cent on the National Stock Exchange (NSE) on Thursday’s intra-day trade after the Securities and Exchange…
Source: Business Standard 3 min read Last Updated : Sep 10 2024 | 2:51 PM IST Shares of information technology (IT) companies are in demand, with their shares having rallied up to 6 per cent on hopes of a recovery. The IT sector is now on the cusp of a mild but possibly sustained recovery…
