Speaking to CNBC-TV18, Sunil Agarwal, Managing Director of SE Investments, said that the disbursement growth was at 9 percent on a year-on-year basis. It expects a growth of 15-16 percent this year. Asset quality remained stagnant.
SE Investments has logged good gains after the company's board approved a proposal of raising funds by way of issue of unlisted unsecured non-convertible redeemable debentures for an amount of Rs 95 crore on private placement basis.
IFCI | South Indian Bank | Godrej Properties | Petron Engineering | Max Financial Services | Maruti Suzuki | Tata Motors | Brigade Enterprises | South India Projects | NMDC | MOIL | Trent | Vipul | Jyoti Structures and United Breweries are stocks, which are in the news today.
"Q1 had gone very well, we are looking at 30-32 percent profit after tax (PAT) growth on year-on-year (Y-o-Y) basis in FY17", Sunil Agarwal, MD, SE Investments told CNBC-TV18.
SE Investments has reported a consolidated total income from operations of Rs 53.57 crore and a net profit of Rs 13.99 crore for the quarter ended Dec '15
Sunil Agarwal, Managing Director, SE Investments talks about the company‘s future outlook.
Dr Reddy's Labs | Yes Bank | Tata Motors | Hero Motocorp | Nestle India | SAIL | Sun Pharma | Amtek Auto | REI Agro | Strides Arcolab | Aditya Birla Nuvo | Sun Pharma Advanced Research | Cipla | Jaiprakash Associates | Asian Paints | JK Tyre | Raymond | KEC International | Just Dial and Torrent Power are stocks, which are in the news today.
SE Investments has reported a consolidated total income from operations of Rs 51.23 crore and a net profit of Rs 14.91 crore for the quarter ended Sep '15
Stocks in news are: SE Investments, SKS Microfinance, Dewan Housing Finance Corporation, Repco Home Finance, IIFL, Ceat, MRF, Apollo Tyres, JK Tyre and Industries.
Harendra Kumar of Elara Capital suggest playing the branded apparel space for the long-term.
SE Investments has reported a consolidated total income from operations of Rs 47.59 crore and a net profit of Rs 13.45 crore for the quarter ended Jun '15
SE Investments' asset under management (AUM) currently stands at Rs 961 crore versus Rs 870 crore YoY, says Sunil Agarwal, the company's managing director. He expects a 40 percent jump in AUM in the current financial year.
RBI expands loan limit for microfinance units, a direct beneficiary of which are SE Investments. Speaking to CNBC-TV18, MD Sunil Agarwal said credit growth in FY16 is expected to be around 30-40 percent due to RBI policy boost.
Sanju Verma, CEO of Violet Arc Global Managers says it is not the defensives that are truly driving the market. Stocks like Ashok Leyland and Maruti, among others, have seen the most run-up in their stock prices, she adds.
Investors lapped up shares of SE Investments and SKS Microfinance on Tuesday after the Reserve Bank of India expanded loan limits for microfinance units. These stocks rallied 17 percent and 10 percent intraday, respectively.
CNBC-TV18's Reema Tendulkar lists out stocks that you should focus on – SKS Micro, SE Investments, BHEL, RIL, HCC, PFC, REC
Here are a few top buzzing midcap stocks picked by CNBC-TV18's analysts in trade today. We have - SKS Micro, SE Investments, MMTC, Kwality Dairy and HCC.
Microfinance companies can now lend more as the Reserve Bank of India (RBI) has extended the borrower level limit to Rs 1 lakh versus Rs 50,000 earlier. Microfinance stocks like SKS Microfinance and SE Investments surge in trade. Ekta Batra of CNBC-TV18 gives more details.
SE Investments has reported a consolidated total income from operations of Rs 48.36 crore and a net profit of Rs 13.85 crore for the quarter ended Dec '14
There are also big names such as AB Nuvo that is looking to form a JV with Idea Cellular. There is of course the likes of Future Group retailers that may come up with a JV with IDFC. Some of the smaller names include ItzCash and FINO PayTech.
On January 16, 2015 Agrim Marketing bought 2,50,000 shares of SE Investments at Rs 259.00 on the NSE.
Here are top 10 stocks to watch on December 5 - Bosch, Shriram Transport, SAIL, Axis Bank, Mangalore Chemicals, Deepak Fertilizers, Zuari Agro, NMDC, SE Investments and KPIT Tech.
As SE Investments complies with most RBI norms, the board will take final decision next week, says company MD Sunil Agarwal.
Sunil Agarwal, MD, SE Investments said there are no issues related to the performance of the company and the company at present is not looking at any PE investments.
Bharti Airtel | HDFC Bank | Jaiprakash Associates | Reliance Capital | Reliance Power | Tata Motors | Kotak Mahindra Bank | Ashok Leyland | ING Vysya Bank | Amtek Auto | Amtek India | Tata Coffee | Aurobindo Pharma | Ahmednagar Forging | Abbott India | SpiceJet | Ceat | Reliance Comm and Hindalco are stocks, which are in the news today.