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Nirmal Bang initiates coverage on HFFC and Aavas Financiers, foreseeing growth opportunities. HFFC has 30.5% upside, Aavas 14%. AHFCs positioned for growth despite challenges. India's housing market shows potential for affordable housing finance sector.
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The restoration of the Indian economy, especially banks since 2014 is actually a lesson for the Harvard Business School said Nirmala Sitharaman finance minister of India, while addressing the gathering Gujarat Chambers of Commerce and Industry (GCCI), in Ahmedabad on Saturday. The finance minister was speaking on the topic Vikshit Bharat 2047.
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With the Q4 earnings season picking up pace, the companies are also rewarding their shareholders with dividends for the financial year 2024.
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Vedanta, IOC, and Tech Mahindra are among the top 10 largecap companies that have offered the highest dividend yield in the last one year.
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News and Media
Tesla, Meta Platforms, Alphabet and Microsoft - all set to report next week - are part of the group of companies that had been dubbed the Magnificent Seven as they led the S&P 500 to a 24% gain last year.
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News and Media
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