Shriram Finance, Union Bank of India, Indian Overseas Bank, Rural Electrification and Power Finance are the other stocks in pole position to make it to the large-cap universe
Net interest income and margin both decline; disbursements up 4% to Rs 16,786 crore
In a Q&A, Prateek Agrawal, who is also the firm's CIO, says given the strength in overall earnings as seen in FY24 EPS outlook, the direction of the market is likely to be positive
Three stocks, Urja Global (up 203%), Steel Exchange India (118%) and 63 Moons Technologies (108%) from the BSE Smallcap index have seen their market price more-than-double in one month
Hindustan Copper, Aarti Drugs, Dixon Technology, APL Apollo Tubes, Laurus Labs and Affle India, meanwhile, zoomed over 400 per cent during FY21
The S&P BSE MidCap Index fell for a second straight year in 2019, even as the main S&P BSE Sensex posted its fourth annual advance
Delisting of companies could gain traction with some promoters eyeing to wrestle full control, taking advantage of the drop in share prices triggered by the Covid-19 pandemic
In a Q&A, Naveen Kulkarni says earnings growth for F21 could go down to minus 15 per cent, depending on the extent of extension
According to market participants, MF investors could decide to sit on the sidelines as several equity schemes have seen their net asset values (NAVs) dip sharply in February
A comfortable valuation is always desirable but looking at the valuation from an aggregate perspective may not be very useful, says Nilesh Shah, MD and CEO at Envision Capital.
Market experts believe 2020 could be the comeback year for mid- and small-caps.
Snapping their seven-day gaining streak, the benchmark indices ended in the red on Tuesday amid selling in private banks, auto and IT counters
During Samvat 2075 (till October 18), the headline S&P BSE Sensex advanced 11.5 per cent, while the broader Nifty50 index has moved up nearly 10 per cent.
Thus far in September, the S&P BSE Small-cap index has gained nearly 3 per cent as compared to a modest 0.2 per cent dip in the S&P BSE Sensex.
About 14 stocks, including HDFC Life Insurance Company, Dabur, NIIT Technologies, Infosys, Torrent Pharma, Asian Paints, and Berger Paints, have rallied up to 16 per cent.
The signal to equity investors has not been too encouraging, says Investec India's Mukul Kochhar
The correction in the broader market has hurt investor sentiment. While there are challenges, Anoop Bhaskar, head of equity at IDFC Mutual Fund, tells Jash Kriplani
Cholamandalam Investment and Finance, Gruh Finance, 3M India and RBL Bank were among the major contributors to the midcap index's fall.