Poonawalla Fincorp Share Price | The company has also introduced a digital EMI card with pre-approved limits, enabling customers to purchase consumer durable products more conveniently, Poonawalla Fincorp said in a stock exchange filing.
The Cholamandalam Investment stock is currently trading at 4 times its FY27 price-to-book value, just a 9% discount to market leader Bajaj Finance.
Sources in the Ministry of Corporate Affairs (MCA) have also told CNBC-TV18 that a suo motu inquiry has been initiated into alleged wrongdoings at Gensol Electric, a subsidiary of Gensol Engineering.
The development is a sign of how easy it is for traders to source yuan in the city, which may in turn cap any rebound in the Chinese currency.
India’s competitive landscape in the two-wheeler industry has changed significantly with TVS Motors’ market share hitting the highest level in 18 years, and exports hitting a new high. On the flip side, Hero’s market share in the domestic two-wheeler market…
The domestic currency opened at 85.11 and quickly slipped, weighed down by short-covering in the dollar and losses across Asian peers. On Monday (April 21), the rupee had gained 23 paise to close at 85.15.
UBS views Colgate-Palmolive and Britannia as being at an inflection point, with earnings growth expected to revive by next year. ITC, meanwhile, is seen offering attractive value following a correction driven by tax-related concerns.
Chetan Seth, APAC Equity Strategist at Nomura, said India’s valuations remain high compared to other markets in the region, which adds another layer of caution.
The RBI’s final guidelines on LCR are expected to provide banks with more ammunition for growth and support margin improvement.
Shaily Engineering manufactures the device for the blockbuster GLP 1 device. Additionally, healthcare accounted for 19% of the company’s revenue in the first nine months of financial year 2025.