SBFC Finance expects its assets under management (AUM) to grow 5–7% every quarter, even as early delinquencies show a marginal uptick and credit costs are revised slightly upward. The company said its broad-based distribution network and improved underwriting quality support this growth outlook. “We’ve been guiding for 5 to 7% for more than nine quarters.
Shriram Finance is sticking to its loan growth target of 15% for the year ending March 2026, buoyed by strong rural and semi-urban demand. The company is also confident that improving credit quality and easing cost of funds will support margins going forward. “Overall, the rural and semi-urban markets are really doing good, and that’s
The Indian stock markets began trading on Monday in red. The BSE Sensex crashed close to 250 points and stood at 81,214 , while the NSE Nifty tanked 70 points to trade at 24,764, as of 9:15 AM. In the pre-open session, the Sensex declined more than 150 points and slipped under 81,300, while the
Markets staged a strong recovery on Monday, with the Sensex surging 442.61 points or 0.54 per cent to close at 82,200.34 and the Nifty 50 gaining 122.30 points or 0.49 per cent to end at 25,090.70. The rally came after a volatile trading session that saw the Nifty swing from an intraday low of 24,882
The Nifty closed sharply lower on Thursday, retreating from early gains as weak quarterly earnings and caution ahead of upcoming results weighed on investor sentiment. Losses were led by banking and information technology stocks, while midcaps underperformed the benchmarks. The NSE Nifty 50 index fell 101 points, or 0.40%, to end at 25,111, while the
Shares of Zensar Technologies Ltd, Apollo Tyres Ltd, Shriram Finance Ltd, IDFC First Bank Ltd, and Mahindra Logistics Ltd will turn ex-date for dividends on Friday, July 11. Indus Finance Ltd, Zydus Wellness Ltd and D-Link (India) Ltd are among a dozen other stocks, which would turn ex-dividend tomorrow. Companies such as Alkosign Ltd, Dynamic
Many investors believe that reading reports and tracking market news are enough to avoid major losses. However, history shows that certain warning signs often appear before serious trouble begins. For example, during India’s infrastructure boom, a stock that was trading above Rs 25 steadily declined to around Rs 5. Today, the stock has technically lost
Indian benchmark indices, Sensex and Nifty, continued their downward path during the afternoon session on May 20, hampered by declines in the auto, banking, and pharma sectors. The Nifty Midcap 100 and Smallcap 100 indices also succumbed to selling pressure, bringing an end to their six-day winning streak. By noon, the Sensex had dropped by
A lot is happening in the market today from big earnings to major announcements. If you’re wondering which stocks to keep an eye on, we have made it simple. Here are a few companies in the spotlight today because of important updates. Market recap Indian stock markets had a quiet finish on April 29 after
Benchmark equity indices Sensex and Nifty advanced on Tuesday, marking their sixth straight day of rise helped by gains in banking and FMCG shares and foreign fund inflows. Gains in banking and FMCG stocks as well as foreign capital inflows helped the benchmark equity indices, the Sensex and Nifty, increase on Tuesday for the sixth