Do you own this NBFC-registered company that announces the sale of its housing subsidiary to TPG Ltd for Rs 3,900 crore?
Do you own this NBFC-registered company that announces the sale of its housing subsidiary to TPG Ltd for Rs 3,900 crore?

Do you own this NBFC-registered company that announces the sale of its housing subsidiary to TPG Ltd for Rs 3,900 crore?

In FY22 the company reported a net loss of Rs 560 crore, it skyrocketed to a net profit of Rs 375 crore or 167 per cent in FY23.

Kiran Shroff Article rating: 4.5

The shares are currently trading at Rs 298.70 per share, a 1.13 per cent decrease. The company's stock price CAGR over a year is 42 per cent. Investors should keep an eye on this stock for upcoming trading sessions.

Overnight Digest: Stocks likely to be in focus on May 16
Overnight Digest: Stocks likely to be in focus on May 16

Overnight Digest: Stocks likely to be in focus on May 16

During the week, BSE Midcap & BSE Smallcap indices saw a higher correction in the range of 5-6 per cent

Shreya Chaware Article rating: 3.9

The global and domestic equity markets witnessed a steep decline this week due to concerns over growth expectations amid rising inflation levels. Sensex and Nifty 50 index declined close to 3 per cent each whereas BSE Midcap & BSE Smallcap indices saw a higher correction in the range of 5-6 per cent. Majority of the sectoral indices traded in the red during the week. 

Overnight Digest: Stocks likely to be in focus on April 18
Overnight Digest: Stocks likely to be in focus on April 18

Overnight Digest: Stocks likely to be in focus on April 18

A sector-specific impetus is likely to remain in the market with the upcoming earnings season.

Shreya Chaware Article rating: 3.6

On Wednesday, the markets made a gap-up opening but were unable to sustain the gains due to global cues & weekly expiry and thus, closed lower for the third consecutive session.  

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