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Piramal Finance Q4 profit jumps 9x to ₹603 crore on exceptional gains, declares ₹11 dividend
Shares of Piramal Finance Ltd ended at ₹1,840.70, down by ₹22.85, or 1.23%, on the BSE.
Piramal Finance among 5 stocks showing bullish RSI upswing
On April 22, five Nifty500 stocks that gained over 3% appeared in the RSI Trending Up scan. The signal occurs when RSI crosses above 50 from lower levels, indicating strengthening momentum, improving sentiment, and potential short-term buying opportunities in select stocks showing early signs of a technical breakout.
IndusInd Bank appoints Jagdeep Mallareddy as head of consumer banking
Prior to joining IndusInd Bank, Mallareddy was associated with Piramal Finance Limited as chief business officer. Shares of IndusInd Bank Ltd ended at ₹814.90, down by ₹20.90, or 2.50%, on the BSE today, April 9.
AI to disrupt banking? Nomura initiates coverage on 3 NBFC stocks that can beat banks for next 15 years
Nomura has initiated coverage on Tata Capital, L&T Finance and Piramal Finance with Buy ratings, citing their expanding product portfolios and rapid adoption of AI-driven lending engines. The brokerage expects NBFCs to outpace banks over the next 15 years, driven by MSME credit gaps, digital data analytics and rising retail penetration.
Stocks To Buy: Three non-bank lenders that Nomura is betting on for up to 26% upside
Brokerage firm Nomura has initiated coverage on three non-bank lenders (NBFCs), Piramal Finance, L&T Finance and Tata Capital with a "buy" rating in its latest note on Wednesday, March 12. In addition to these, it has also initiated coverage on HDB Financial Services, with a "neutral" rating.
IIFL Finance looks at options to exit microfin arm Samasta
Piramal Finance is one of the interested parties and negotiations with it have progressed a bit, they said, adding that the discussions are at a preliminary stage.