Mumbai: Analysts at most top brokerages reduced or retained their share price targets on Bajaj Finance after the company’s March quarter results showed net interest margins are under pressure, raising concerns over its near-term outlook. The stock fell 7.7% Friday to close at ₹6,731. The average analyst price targets on Bajaj Finance after the fourth … Read more
Shachindra Nath, Founder & MD, UGRO Capital, says “UGRO is now becoming India’s largest, most dedicated data tech driven MSME financing company and we keep saying MSME accha hai, which means the underlying MSME economy and especially the micro enterprises economy is becoming so robust and the recent Crisil upgrade to “A” is a reflection … Read more
Mumbai: Adani Capital, a non-banking financial company of the Adani Group, on Friday raised ₹300 crore in three-year senior secured bonds offering 9.75% coupon, people aware of the development said. Bondholders can accelerate payments if the Adani Group’s proposed stake sale in Adani Capital to Bain Capital is called off or if the capital adequacy … Read more
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