Anand Rathi Q2 Results: Cons PAT jumps 32% YoY to Rs 76 crore. Rs 7/share interim dividend declared (10-10-2024)
Anand Rathi Wealth posted a net profit of Rs 76 crores for Q2FY25, up 32% from the previous year. Total revenue rose 32% to Rs 250 crores. AUM grew by 57% to Rs 75,084 crores. The company welcomed 1,066 new client families in the first half of FY25. An interim dividend of Rs 7 per share was declared.
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (10-10-2024)
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Tech Mahindra, Birlasoft among 5 stocks with long unwinding (10-10-2024)
Long unwinding refers to the selling of positions or stocks owned for a longer period either to book profit or to exit it in anticipation of impending bearishness.
Broker’s call: Amber Enterprises (Buy) (10-10-2024)
HDFC Securities
Sensex, Nifty rise on buying in banking stocks (10-10-2024)
Equity benchmark indices Sensex and Nifty settled higher on Thursday, powered by a rally in banking and power stocks amid a largely firm trend in global markets. The stock markets mostly traded range-bound in the absence of any major trigger and persistent foreign capital outflows, traders said. The 30-share BSE Sensex rose 144.31 points, or 0.18 per cent, to settle at 81,611.41.
IRB Infrastructure Developers receives affirmation in ratings from Moody’s (10-10-2024)
Long term corporate family rating – Ba1 (affirmed)
Instrument rating – Ba2 (affirmed)
Ugro Capital – Opportunity To Invest in a Fintech-like Company Below Book Value (10-10-2024)
Just to know , has anybody else invested got an update in whatsapp that UGRO crossed 10000 crore AUM ?
PS: will delete the message soon.
Bank of Baroda, IRCTC among 5 stocks with short covering (10-10-2024)
Short covering happens when traders buy back shares they previously sold short, often due to a shift in market sentiment or new information. This usually results in a decrease in open interest.