Bajaj Finance’s June 2024 quarter results indicate 16% PAT and 26% NII growth, with 10% more new loans and a 30% increase in AUM. March profits were Rs 3,824 crore. Axis reports stable C-I Ratio; Kotak expects 10% NIM. Motilal highlights 31% YoY AUM growth, 7% QoQ loan growth, 4.1% cost-to-AUM, 34% CIR, and 1.7% credit costs.
Over 800 smallcaps end the week in red. 116 stocks fall in double-digits up to 43%
BSE Smallcap fell 2% last week, with 821 stocks declining up to 43%. Market sentiment remained weak due to US recession fears and tariff wars.