Technical charts show that these four stocks have given a breakout on the daily scale on closing above the super trend line indicator.
F&O cues for Oct 28: Both FIIs and Proprietary traders hold near about 2 bearish bets in index futures for every bullish trade. In contrast, retail investors hold the opposite position.
Warns on persisting headwinds; may calibrate growth; credit costs rise
L&T Finance on Wednesday said it is expecting a decent uptick in automobile demand during the festive season on the back of good monsoon and is hopeful of a reasonable improvement in the microfinance segment in the second half of the current fiscal. "Of late, there are reports that the auto industry is seeing some slowdown, but I am very hopeful that on the back of good monsoon that we see, I think during the festive period, we will see a decent uptick both in terms of two-wheelers as well as four-wheelers," L&T finance Managing Director and Chief Executive Officer Sudipta Roy told PTI. Speaking on the sideline of the three-day Global Fintech Festival, Roy said in terms of loan disbursements, overall, the two-wheeler segment is doing very well, adding that, "post Diwali, the demand has been relatively robust. We have been seeing ... our disbursements going somewhere between 15-20 depending upon the region." Stating that the microfinance industry is currently going through a ...
L&T Finance shares soared up to 3 per cent, at Rs 189.85 per share on the BSE in Thursday's intraday deals
Firm stepping up borrowing through Commercial Paper to make the most of soft interest rates
Its NIM plus fees and other income improved by 144 basis points to 11.08 per cent in Q1FY25 from 9.64 per cent in Q1FY24, LTF said in a statement