Thu, May 04, 2023
Stocks to buy today (May 4), Pick of the Day, Stocks to invest in today: In conversation with Zee Business Managing Editor Anil Singhvi, market experts Vikas Sethi, Himanshu Gupta, Sumeet Bagadia, Rakesh Bansal and Kunal Saraogi share their top recommendations for the day in this
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Tue, May 11, 2021
IDBI Capital says that Cholamandalam Investment Finance asset quality deteriorated slightly as gross stage 3 assets stood at 3.96% vs 3.75% QoQ (3.8% YoY). However, restructured assets stood at 2% of the loan book; lower than guided in the range of 3-5% is the key positive. Further, Covid-19 related provisions increased to 1.6% of assets vs 1.13% (Q3FY21) due to the unexpected second wave of Covid-19; earlier management guided for reversal of Covid-19 provision
Tue, Jan 05, 2021
Sharekhan believes growth outlook is improving for vehicles finance NBFCs along with lower credit cost outlook which is the reason for improved earnings estimates. Sharekhan believes tailwinds benefits (a combination of improving disbursements and falling funding costs) for Chola Investment will help it deliver strong Operating performance (NII, PAT etc) over the next two years in terms of as well as margins cushion. Over the past few months, well-rated and large NBFCs have seen a sharp fall in funding costs, which has resulted in benefits of lower funding costs for them.
Mon, May 29, 2017
Exclusive talk with management of Chola Investment over company's future strategy. Watch this special segment and get to know more here.
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