Midcap Momentum: 7 stocks reporting rising EPS for 4 consecutive quarters – 7 NSE Midcaps Post EPS Growth for 4 Straight Quarters

Midcap Momentum: 7 stocks reporting rising EPS for 4 consecutive quarters – 7 NSE Midcaps Post EPS Growth for 4 Straight Quarters

Consistently increasing quarterly earnings per share (EPS) indicates that a company is improving its profitability over time. This trend suggests strong financial health, effective management strategies, and potential for sustainable growth. In the NSE midcap segment, seven companies have notably improved their EPS, showing increases for four consecutive quarters (till the June ’25 quarter) compared … Read more

HDFC AMC, Dixon, Swiggy may get large-cap tags in 2026 AMFI reclassification

HDFC AMC, Dixon, Swiggy may get large-cap tags in 2026  AMFI reclassification

Mumbai: HDFC Asset Management Company, Bosch, Muthoot Finance, Cummins India, Polycab India, Dixon Technologies, Swiggy and Canara Bank are likely to be upgraded from mid-cap to large-cap in the next Association of Mutual Fund in India’s semi-annual reclassification in January 2026, according to Nuvama Alternative & Quantitative Research. The mutual fund industry body announces the … Read more

India Inc doubles up on borrowing overseas after sovereign upgrade

India Inc doubles up on borrowing overseas after sovereign upgrade

Mumbai: Domestic firms including Credila, Muthoot Finance and Hero FinCorp are rushing to tap offshore markets after S&P Global Ratings upgraded India’s sovereign rating to BBB from BBB-, the nation’s first upgrade in 18 years. They are eyeing more than $2 billion in overseas fundraising in the coming weeks, according to people familiar with the … Read more

Muthoot Finance Q1 Results: Standalone profit surges 90% to Rs 2,046 crore on strong loan growth

Muthoot Finance Q1 Results: Standalone profit surges 90% to Rs 2,046 crore on strong loan growth

Indian gold loan financier Muthoot Finance reported a bigger-than-expected 90% surge in first-quarter profit on Wednesday, aided by higher loan demand as prices of the precious metal soared. Muthoot Finance reported a standalone profit of Rs 2,046 crore ($233.91 million) for the April-June quarter, above analysts’ estimate of Rs 1,624 crore, per data compiled by … Read more

2 top stock recommendations from Rajesh Bhosale

2 top stock recommendations from Rajesh Bhosale

“We expect a strong up move in State Bank and State Bank can be bought. Currently, it is trading somewhere around 818, 820 levels. It can be bought with a stop loss of 802 and the upside that we are expecting is 855 on the State Bank,” says Rajesh Bhosale, Angel One. Considering levels on … Read more

Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms

Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms

Gold loan stocks rallied between 2-7% after RBI hiked the Loan-to-Value (LTV) ratio limit for gold loans below Rs 2.5 lakh, which will be revised to 85% from 75% as part of the latest norms. Shares of Muthoot Finance, Manappuram Finance, and IIFL Finance rallied upto 7%, 5%, and 5% respectively. Muthoot Finance is currently … Read more

DFS proposes exemption for gold loans under Rs 2 lakh, easing regulatory pressure

DFS proposes exemption for gold loans under Rs 2 lakh, easing regulatory pressure

ET Intelligence Group: A recommendation by the department of financial services (DFS) on Friday to exempt gold loans with ticket size below ₹2 lakh from the RBI’s proposed guidelines will significantly reduce regulatory pressure on gold loan companies. The exemption, if approved, is expected to shield nearly 80% of the customers of gold loan companies … Read more

Stocks to buy today: Wipro, M&M among top 9 trading ideas for 10 December 2024

Stocks to buy today: Wipro, M&M among top 9 trading ideas for 10 December 2024

The Indian market is likely to trade higher on Tuesday, tracking positive global cues. The Nifty futures closed in the negative with a loss of 0.34%, at 24,698 levels on Monday. On the options front, the maximum Call OI is placed at the 25,000 strike, followed by the 24,700 strike, while the maximum Put OI … Read more

Google to offer personal, gold loans, partners with Aditya Birla Finance, Muthoot Finance

Google to offer personal, gold loans, partners with Aditya Birla Finance, Muthoot Finance

Tech giant Google has announced that it will tie up with Aditya Birla Finance, Muthoot Finance to offer personal loans and gold-backed loans, respectively. This was announced at the 10th edition of its flagship Google for India event.  Google announced that the partnership seeks to enhance credit availability in a market where conventional lending frequently … Read more

Market Trading Guide: Muthoot Finance among 2 stock recommendations for Tuesday

Market Trading Guide: Muthoot Finance among 2 stock recommendations for Tuesday

Benchmark equity indices closed higher on Monday, led by banking, and financial stocks. The S&P BSE Sensex closed 0.5% higher at 64,112, while the NSE Nifty50 index ended above the 19,100 level. “Despite a broader negative outlook due to the prevailing downtrend, the possibility of a pullback exists, potentially taking the index to the 19,300 … Read more