IndoStar Capital sells two builder loans to Phoenix ARC
The recovery rate is considered good given that these loans were overdue by around 60 days. "The recovery was good as the loan accounts were tagged in stage 2 and chances of recovery are strong," said a source. Non-banking finance companies (NBFCs) categorise loans as stage 2 if the overdue period is between 30 and 60 days. Classification of borrower accounts occurs during the day-end process for the specified date.
INDOSTAR HAS BROKEN THE EMA IN WEEKLY CHART WITH GOOD VOLUME , AND STOCK CAN ROCK IN UPCOMMING DAYS , RSI ALSO INDICATED WITH GOOD MOMENTUM , THIS STOCK ALSO COME UNDER STOCK SCREENER RADER , SO I WILL BE ENTERING THIS POSITION .WITH SWING TRADING STR......read more
Aegis Logistics, Rupa & Company among 6 stocks surpassing 200 SMA
On July 11, 2023, several Indian stocks demonstrated noteworthy growth by crossing their 200 Simple Moving Average (SMA), a valuable indicator that confirms long-term trends and identifies support and resistance levels. Pokarna, Indostar Capital Finance, Aegis Logistics, Rupa & Company, TCPL Packaging