As of 30-Jun-2024, promoters held 0.0 per cent stake in the company, while FIIs held 12.61 per cent and domestic institutional investors had 6.72 per cent.
PB Fintech shares dive on plans of healthcare foray; should you worry? (26-09-2024)
PB Fintech share price dropped over 9% after the company indicated plans to enter the healthcare space. Rahul Jain from Dolat Capital discusses the company’s strategy and its implications for investors. The move aims to create an ecosystem, but concerns remain about the scale of the investment and its impact on valuations.
Indian Microfinance Sector and the companies in the sector (26-09-2024)
Respectfully, if one is unable to study the entire sector over a cycle and not separate the good management against bad ones, they should just avoid the sector.
There have been so many opportunities (2010 AP crisis, DEMON, COVID and now 2024 elections) that can help identify who is lending responsibly, who is diversified in products and geography etc.
Dont just chase the managements which are guiding for 2x the industry growth when the peers are turning cautious.
Rupee falls 11 paise to 83.69 against US dollar (26-09-2024)
The USDINR is expected to find strong support at 83.50, with potential to rebound toward 83.75-83.80, says CR Forex Advisors MD Amit Pabari
Tata Communications update on simplification of group structure (26-09-2024)
Tata Communications is in the process of simplifying the existing layered structure and moving Tata Communications (UK) (TC UK), step down wholly-owned subsidiary, directly under the ownership of the company. With the shares held by Tata Communications (Netherlands) B.V. being cancelled, the company will remain the sole shareholder of TC UK.
LTIMindtree shares rise 0.44% as Nifty gains (26-09-2024)
The stock quoted a 52-week high price of Rs 6575.0 and a 52-week low of Rs 4518.35.
Rs 55,000 crore in play! Hyundai, Swiggy, NSE among 6 major IPOs to track in next 6 months (26-09-2024)
The Indian IPO market is set to see major activity in the next six months with Hyundai, Swiggy, and NSE among the companies planning to go public. Hyundai’s IPO could be the largest ever in India, while Swiggy aims for a valuation of over Rs 1 lakh crore.
