Vijay Kedia acquired a 1.14% stake in Advait Energy Transitions, a renewable-focused Ahmedabad firm, diversifying his smallcap portfolio. Shares have fallen sharply, but Kedia also invested in Patel Engineering and increased Om Infra holdings.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs