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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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News and Media
Investors have a final opportunity to buy shares of top Indian firms like Reliance Industries and Hindustan Petroleum today to qualify for dividends. REC and Bharat Electronics are also offering dividends. Several other companies including Action Construction Equipment and Astral are closing in on their record dates.
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News and Media
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