Browsing tag: Micro Finance

Fusion Micro Finance Limited IPO – Review, Update


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

Spandana Sphoorty Financial Ltd IPO: Analysis, Review, Update


Update - Quarterly Numbers: Spandana Sphoorty Financial Limited - a public limited company registered with Reserve Bank of India (an NBFC-MFI) has announced its financial results for quarter and year ended March 31, 2022. On a standalone basis, the company’s total income for the period ended 31 March, 2022 stood at INR 274.85 Cr as against INR 330.67 Cr for the period ended 31 December 2022, registering a de-growth of 16.88% Q-O-Q basis. The same stood INR 465.61 Cr a period year ago,