Fusion Finance Ltd News
Market crash: Over two-thirds of mid, small-cap stocks in bear territory
The fall from peak levels in these segments, according to Gaurang Shah, senior vice-president at Geojit Financial Services has also been account of earnings disappointment besides amid high valuations
 "Market crash: Over two-thirds of mid, small-cap stocks in bear territory")
Fusion Finance stays in red with Q2 net loss of Rs 305 cr; GNPA hits 9.4%
Its impairment for financial instruments, that is credit costs, shot up to Rs 694.05 crore in Q2Fy25 from Rs 76.2 crore in Q2FY24 and Rs 348.47 crore in Q1FY25
 "Fusion Finance stays in red with Q2 net loss of Rs 305 cr; GNPA hits 9.4%")
Bandhan, IDFC First, RBL, CSB Bank among 19 financial stocks at 52-week low
Capital Small Finance Bank, ESAF Small Finance Bank, Fedbank Financial Services and Fusion Finance have hit an all-time low in trades on Friday.
 "Bandhan, IDFC First, RBL, CSB Bank among 19 financial stocks at 52-week low")
Why have microfinance stocks hit 52-week lows today? Check details here
The microfinance industry is currently facing a significant rise in delinquencies, primarily driven by increasing borrower indebtedness, apart from other factors.
 "Why have microfinance stocks hit 52-week lows today? Check details here")
Fusion Finance tanks 10%, hits record low on higher ECL provisioning in Q2
Fusion Finance said it may be required to make an estimated credit loss (ECL) provisioning between Rs 500 crore to Rs 550 crore in Q2FY25 as compared to Rs 348 crore provision in Q1FY25.
 "Fusion Finance tanks 10%, hits record low on higher ECL provisioning in Q2")
Fusion Finance stock tanks 20%, hits 52-week low on weak Q1 results
The company reported a net loss of Rs 35.62 crore in June 2024 quarter due to higher than usual provisioning.
 "Fusion Finance stock tanks 20%, hits 52-week low on weak Q1 results")
