“The regulation is expected to slightly reduce the competitive advantage of NBFCs against banks and the likelihood of some share of gold loan customers shifting to the unorganised segment can’t be ruled out,” said Shweta Daptardar, VP- institutional equity research, Elara Securities. “The share prices have already reacted today, so the downside is expected to be limited.”
Hyundai Motor shares fall 5% after Q2 results. What brokerages say
Hyundai Motor India Share Price: Hyundai India’s shares tumbled over 5% after the company reported a 16% decline in Q2 profit, citing weak demand and