Chola Inv Finance shares drop 0.17% as Sensex rises
The stock quoted a 52-week high of Rs 1284.45 and a 52-week low of Rs 658.0.
The Economic Times
• Shares of Cholamandalam Investment & Finance Company Ltd. traded lower in Thursday's session, with the stock opening at Rs 1127.0 and touching an intraday high and low of Rs 1134.5 and Rs 1115.5, respectively.
• The stock quoted a 52-week high of Rs 1284......read more
On August 5, Moneycontrol was the first to report that Cholamandalam Investment was planning to launch a QIP in September to raise upto Rs 4,000 crore and had picked 3 i-banks as advisors for the proposed deal.
HDFC-HDFC Bank merger’s Rs 1.5-lakh-cr gift to Bajaj Finance, Jio Financial & other NBFCs
While the entire sector stands to benefit, foreign broking firm Nomura thinks this is a big positive for Bajaj Finance and its housing finance subsidiary Bajaj Housing Finance Ltd, from a ‘liability-garnering and finer-pricing perspective’.
Kshema looks to double its premium by this fiscal end
The newest general insurance company that would just focus on agriculture aims to double the premium collections to ₹1,000 crore by end of this financial year, insuring more than a hundred different crops, from ₹400 crore premium income earned so far.