Indostar Capital Finance (CMP: Rs 285, Market Cap: Rs 3,516 crore) reported a weak March quarter. The private equity-backed non-bank lender posted a huge loss of Rs 421 crore in Q4FY20 which negated the profits of the previous three quarters leading to an overall loss for FY20. Indostar’s profitability deteriorated due to a significant rise in credit costs and fall in disbursements. However, despite its unimpressive performance, we are positive on Indostar. There are multiple reasons for our optimism. We...
Moneycontrol Pro Panorama | If all debt income is short term, what about equity?
Mar 27, 2023 / 02:51 PM IST
In today’s edition of Moneycontrol Pro Panorama: Rahul's expulsion could work in Congress's favour, major economies record stron...Read Now
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