Oct 28, 2016 at 11:13 | Source: CNBC-TV18
Non-banking finance company Bharat Financial Inclusion (earlier known as SKS Microfinance) is expected to show strong earnings growth in Q2. Profit is seen rising 83 percent year-on-year to Rs 142.4 crore, according to analysts polled by CNBC-TV18.
Sep 23, 2016 at 13:17 | Source: Moneycontrol.com
Shares of Bharat Financial Inclusion, formerly known as SKS Microfinance, rallied 5.6 percent intraday after the company launched its qualified institutional placement (QIP) offer worth Rs 750 crore.
Sep 23, 2016 at 09:36 | Source: PTI
The Capital Raising Committee of the board of the company at a meeting held passed the resolutions to authorise the opening of the offer today i.e., September 22, 2016, the company said in a regulatory filing.
Aug 08, 2016 at 10:35 | Source: CNBC-TV18
Kunj Bansal of Centrum Wealth Management has a bullish view on Sundaram Finance, Cholamandalam Investment, Repco Home Finance and SKS Microfinance.
Aug 02, 2016 at 15:22 | Source: Moneycontrol.com
"With valuations at 4x FY18 price-to-book for 25 percent normalised return on equity, we find the stock expensive and downgrade it to underperform (from neutral)," the brokerage house says.
Jul 22, 2016 at 07:42 | Source: Moneycontrol.com
Net interest income, the difference between interest earned and interest expended, grew by 70.7 percent to Rs 198 crore in the quarter ended June 2016 compared with Rs 116 crore in year-ago period, which was in-line.
Jul 20, 2016 at 17:57 | Source: CNBC-TV18
Net profit is likely to be at Rs 129 crore during the quarter against Rs 61 crore in same period last year and net interest income may grow to Rs 211 crore from Rs 117 crore, according to average of estimates of analysts polled by CNBC-TV18.
Jun 27, 2016 at 22:38 | Source: Moneycontrol.com
SKS Microfinance's board meeting will be held on July 21, 2016, to consider and approve, the unaudited financial results (subjected to limited review by the Auditors) for the quarter ended June 30, 2016 (Q1).
Jun 27, 2016 at 12:40 | Source: CNBC-TV18
According to Rahul Shah of Motilal Oswal, one can buy SKS Microfinance and Indian Oil Corporation and short Larsen & Toubro.
Jun 27, 2016 at 12:26 | Source: CNBC-TV18
The company's cost of borrowing is at 9.2 percent currently, same as the fourth quarter of last fiscal year, said PH Ravikumar, Non-Executive Chairman, Bharat Financial Inclusion. He said it can decline by 25-50 basis points (bps) going ahead.