Update Fusion Micro Finance 'LISTING' Fusion Micro Finance Limited made a weak/disappointing debut on the stock market today. The stock was listed at INR 359.50 (2.3% discount) on the National Stock Exchange (NSE) against the issue price of INR 368, while the opening on the BSE was at INR 360.50. In a higher inflation rate scenario; declining in profit margins and fear of possible bad loans are some of the reasons that pull the stock price down. The Company is among the top 10
Browsing tag: Financial Services
Update Q1 FY 2022-23 Earnings Computer Age Management Services Limited (CAMS) - India’s largest registrar and transfer agent of mutual funds has announced its financial results for the Quarter Ended 30th June 2022. On a consolidated basis, the company’s revenue from operations stood at INR 236.65 Cr for the quarter ended 30 June 2022 which was INR 201.18 Cr for the same period last year, registering a growth of 17.63% Y-O-Y basis, While on a quarter-on-quarter basis the
Update: Ujjivan Small Finance Bank: Listing Ujjivan Small Finance Bank, the subsidiary company of microfinance lender Ujjivan Financial Services Limited started its very first trade at INR 58 on the Bombay Stock Exchange on 12 December 2019. The stock listed with a premium of 56.75 percent over the issue price of INR 37 per share. The Stock made a high of INR 62.80 and a low of INR 53.05 before it ended at INR 55.95 on the National Stock Exchange when the market closed, which is up by 51.22
Motilal Oswal Financial Services Limited (MOFSL) announced its results for the quarter and nine month ended December 31, 2018 today just after the market hours! Consolidated Adjusted revenues for the company (excluding MTM gains in fund based and lumpy gain on PE exits) were Rs 6.5 bn in Q3FY19 and Rs 19.2 bn, increased by 3% YoY in 9MFY19. Consolidated revenues stood at Rs 6.8 bn in Q3FY19 and Rs 19.7 bn in 9MFY19. Consolidated PAT was Rs 399 mn in Q3FY19 due to impact higher
ICICI Securities Limited - a technology-based firm offering a wide range of financial services in India - is planning to raise INR 4016.97 Cr (all OFS) via initial public offer (IPO) ICICI Securities - Company Profile Incorporated in the year 1995, ICICI Securities Limited is a leading securities firm offering a wide range of financial services including (1) Investment Banking, (2) Institutional Broking, (3) Retail Broking, (4) Private Wealth Management, and (5) Financial Product