comparemela.com

Latest Breaking News On - Ujjivan financial services - Page 17 : comparemela.com

Turnaround kings! 12 smallcaps return to black in FY23, become multibaggers

Som Distilleries and Arrow Greentech are among 12 companies that have delivered multibagger returns and saw profit surges in fiscal year 2023. In the last year, Som Distilleries achieved a nearly 280% return, with a sales increase of more than double, to INR1,498 crore ($202.5m), and it delivered a profit of INR60.3 crore. Arrow Greentech, a packaging firm with a market capitalisation of INR520 crore, returned 279%, with a sales increase of over three times and a FY23 profit of INR12.26 crore. Other multibaggers include companies such as Kamat Hotels, Ujjivan Financial Services and Wonderla Holidays.

Microfinance grows by nearly 10 times in 10 years to cross Rs 5L-crore mark

Microfinance in India has a long history. Since the turn of this century, it has been expanding rapidly as a viable financial services business because of the influx of Microfinance NBFCs, growth of the self-help groups (SHG) business by Public .

vimarsana © 2020. All Rights Reserved.