Motilal Oswal initiates coverage on Bajaj Housing Finance with a neutral rating. The brokerage anticipates moderate growth and subdued return ratios. Valuations appear stretched, trading significantly above the IPO price. AUM and profit are expected to rise, but at a slower pace. NIMs may face pressure. The financier has a granular loan book with good asset quality.
Hindustan Copper shares jump 7% after Q2 profit zooms 182% YoY to Rs 518 crore
Hindustan Copper’s stock experienced a surge following the announcement of its exceptional Q2 FY27 results. The consolidated net profit skyrocketed to Rs 518 crore, marking