Chola Finance
Chola MS General Insurance clocks 60% rise in PBT at Rs 350 cr
Chola MS General Insurance Company Ltd has reported a 60 per cent increase in its profits before tax for the six month period ending September 30, 2024 at Rs 350 crore. The city-based company reported profits before tax of Rs 219 crore during the corresponding six months of last year. Chola MS General Insurance Company, is a joint venture between the diversified conglomerate the Murugappa Group and Japan-based Mitsui Sumitomo Insurance Company Ltd. "The rise in profits before tax for the six month period ending September 30, 2024, include Rs 22.7 crore of non-recurring income from interest on an income tax refund," Chola MS General Insurance said in a statement on Tuesday. As on September 30, 2024, the company's net worth stands at Rs 2,753 crore with 84 per cent derived from the accumulated profits. The Gross Written Premium for the quarter ending September 30, 2024 stood at Rs 2,191 crore, while for the six month period ending September 30, 2024 grew to Rs 4,136 crore. "Our ...
 "Chola MS General Insurance clocks 60% rise in PBT at Rs 350 cr")
Jio Financial listing: NBFC stocks must cross key hurdles to resume rally
Listed NBFC stocks are currently facing selling pressure at higher levels, show technical charts
 "Jio Financial listing: NBFC stocks must cross key hurdles to resume rally")
29 out of Nifty 500 stocks overbought; ABB, Apar Inds signal up to 20% gain
While it is risky to be bullish on the stock trading in the overbought category, the underlying trend must to be followed at all time.
 "29 out of Nifty 500 stocks overbought; ABB, Apar Inds signal up to 20% gain")
Chola Fin, IDFC: 5 NBFC stocks to invest for short-to-medium term gain
Major Non-Banking Financial Company (NBFC) shares could offer significant gains from a short-to-medium term perspective, as their present formations on technical charts illustrate a long-term upside.
 "Chola Fin, IDFC: 5 NBFC stocks to invest for short-to-medium term gain")
M&M Finance, SBI Card: Financiers eye over 10% upside amid festive cheer
Among consumer financiers, Mahindra & Mahindra and Cholamandalam Investment look strong on charts, while Bajaj Finance and Muthoot Finance need to overcome key hurdles for an upside, indicate charts.
 "M&M Finance, SBI Card: Financiers eye over 10% upside amid festive cheer")
Chola top performer among vehicle financiers, shows sustained growth
Company does better than rivals in categories like assets under management and loan distribution, say analysts.
 "Chola top performer among vehicle financiers, shows sustained growth")
Vehicle financing stocks: Rally doesn't price in flattening business growth
Some of the critical customer (bus services) segments, such as tourism, education institutions and offices, and state transport may take time to recover
 "Vehicle financing stocks: Rally doesn't price in flattening business growth")
Q1 results: Agile models support Shriram Transport, Chola Finance
Both were quick to adapt to a changing environment
 "Q1 results: Agile models support Shriram Transport, Chola Finance")
Cholamandalam spreads its wings to come up trumps in a difficult market
The stock has emerged as one of the preferred NBFC picks for its ability to diversify its loan book and maintain growth
 "Cholamandalam spreads its wings to come up trumps in a difficult market")
