LIC Housing Finance saw a 9% decline in its stock in August after a weaker-than-expected June quarter. The company’s net interest income dropped by 10% year-on-year, and net profit decreased by 2%. Analysts have downgraded the FY25/26 earnings per share by 2-4%, indicating challenges ahead.
Waaree Energies, Vishal Mega among 8 stocks on which brokerages initiated coverage
Brokerage firms have initiated coverage on stocks like BSE, Dixon Technologies, Swiggy, Ixigo, Waaree Energies, and Vishal Mega Mart, expressing bullish views.