Investors rushed to buy LG Electronics India shares on its stock market debut. Some mistakenly purchased shares of LG Balakrishnan and Bros, a different company. This led to a surge in LG Balakrishnan’s stock price. The error was later realized, and the stock price reversed. Similar mix-ups have happened before in the market.
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