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Fusion Finance shares up 8% today; can this NBFC recover after 4 quarters of losses? - BusinessToday
1 week ago |
finance.einnews.com | Amit Mudgill
Shares of Fusion Finance Ltd climbed nearly 9 per cent in Wednesday's trade, as investors felt a balance sheet strengthening with capital infusion would bring financial stability and drive the NBFC's profitability going ahead. Fusion Finance reported lowest quarterly provisions in Q4FY25, its Stage-3 PCR was over 95 per cent and new PAR accretion stood at 0.60 per cent, which were encouraging, analysts said.
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2 months ago |
businesstoday.in | Amit Mudgill
Since Donald Trump took oath as the 47th US President, India's m-cap has dropped 45.57 lakh crore to Rs 3,86,01,961 crore today from Rs 4,31,59,726 crore on January 20.
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2 months ago |
finance.einnews.com | Amit Mudgill
Manappuram Finance Ltd (MGFL) shares were trading 3 per cent higher in Friday's trade, as Bain Capital is set to invest Rs 4,385 crore in the gold loan company for 18 per cent stake on a fully diluted basis through a preferential allotment of equity shares and warrants at Rs 236 apiece. This is 30 per cent above the six-month average trading price for Manappuram Finance and 9 per cent higher than its prevailing price.
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Feb 24, 2025 |
flipboard.com | Amit Mudgill
12 hours agoPreity Zinta stepped forward to dismiss rumors claiming that the New India Cooperative Bank wrote off a loan worth Rs. 18 crore linked to her. The allegations surfaced recently, dragging Zinta into a financial controversy. However, Zinta took to social media on 24 February 2025 to set the record …
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Jan 31, 2025 |
businesstoday.in | Amit Mudgill
Budget 2025: Stock market analysts expect price revision in affordable housing segment to align with rising development costs, as the current price cap of Rs 45 lakh is considered unrealistic in many metro cities.
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