Result Analysis: Bajaj Finance Limited (CMP: Rs.5756) Result Update: Q3FY23 Bajaj Finance Limited, the lending and investment arm of Bajaj Finserv group, is a non-banking finance company (NBFC) which is engaged in lending and allied activities. It focuses on consumer lending, small and medium-sized enterprises (SME) lending, commercial…
NIFTY: The NIFTY opened at 17877.30 with a gap down of just 14 points. The index started drifting downwards from its opening tick and recorded its intraday high at 17884.75 in its initial trades. Prices have seen a sharp decline and went below 17800. The index kept on…
FPO-Note Adani Enterprises Limited Rs. 3112 – Rs. 3276 per Equity share Recommendation: Aggressive investors may apply Adani Enterprise Limited (AEL), the flagship company of the Adani group is coming with a FPO (Follow-on Public offer) of Rs.20,000 cr., which will be the largest FPO by an…
ITI Mutual Fund was established in 2018 to offer investment solutions to investors for wealth generation over the long-term. It offers thoughtful and investor-centric investment solutions backed by a highly experienced team of researchers and investment managers. With a team of equity and credit researchers, as well as investment…
Kotak Banking & Financial Services Fund (NFO) Kotak Mahindra Mutual Fund started its operations in Dec 1998 4th and now is the Largest Mutual Fund Company Based on Quarterly AUM as of Jun 2022. Kotak Mahindra Mutual Fund is part of a reputed conglomerate and is a wholly-owned…
Result Analysis: Axis Bank Limited (CMP: Rs.933) Result Update: Q3FY23 Axis Bank is the third largest private sector bank in India. The Bank offers the entire spectrum of financial services to customer segments covering Large and Mid-Corporates, MSME, Agriculture, and Retail Businesses. As of 31st December 2022, the…
Result Analysis: UltraTech Cement Limited (CMP: Rs.6891) Result Update: Q3FY23 UltraTech Cement Limited (“UltraTech”) is the cement flagship company of the Aditya Birla Group. A USD 7.1 billion building solutions powerhouse, the company is the largest manufacturer of grey cement, ready mix concrete (RMC) and white cement in…
Result Analysis: HDFC Life Insurance Company Ltd. (CMP- ₹590.55) Result Update: Q3FY23 HDFC Life Insurance Company Ltd. (HDFC Life) was established in 2000, and is a leading long-term life insurance solutions provider in India, offering a range of individual and group insurance solutions that meet various customer needs…
