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Indian exporters are scrambling for options to mitigate the fallout of US President Donald Trump's threatened tariff salvo against the world's most populous nation. Since Trump's tariff threats, Prime Minister Narendra Modi has spoken to both Putin and Ukrainian President Volodymyr Zelensky, urging a "peaceful resolution" to the conflict.
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Muthoot Microfin CEO Sadaf Sayeed reports positive impacts from MFIN's guardrails, reducing multiple loan borrowers from 20% to 8%. Muthoot Microfin's overleveraged customers decreased to 1%. Despite a typically slow Q1, disbursements reached 175 crores, benefiting 311,000 borrowers. The company is focusing on existing customers with higher credit scores, introducing new loan products, and expanding into new territories.
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Brokerages have turned positive on a range of stocks across sectors, projecting double-digit upside potential based on strong growth prospects and supportive business fundamentals for the next 12 months.We have collated a list of recommendations from top brokerage firms from ETNow and other sources:
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