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Shriram Finance is the largest NBFC in India with an AUM of over Rs 2 lakh crore, said Bonanza, which believes that Shriram Finance appears cyclically well-positioned for business growth. ....
While Chief Economic Adviser V Anantha Nageswaran has hinted at the finance ministry raising its growth forecast for 2023-24 later this month, economists see the RBI acting next week itself while announcing the latest monetary policy decision ....
Data shows weakness in the consumption story. Private final consumption expenditure was a let-down as growth nearly halved to 3.1% in Q2, from 6% in Q1. Another disappointment was the agriculture sector that grew a mere 1.2%, its slowest expansion in four and a half years. ....
The Rs 321 crore IPO of EMS will kick-off for bidding on Friday as the wastewater treatment player is selling its shares in range of Rs 200-211 apiece with a lot size of 70 shares. ....
Aeroflex Industries IPO: "With high entry barriers and with investing in new technologies which has helped the company to improve its products, we believe that the company has a potential to grow in the long term and thus we assign a 'Subscribe' rating for the issue," Choice Broking said. ....