Sks Microfinance Shares

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  Bharat Financial Inclusion Posts 87% Rise In Q2 Profit

  The company had reported a net profit of Rs 77.86 crore for the corresponding three-month period of 2015-16.

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  Bharat Financial Inclusion Raises Rs 749 Crore

  Bharat Financial Inclusion Ltd on Thursday said it has raised over Rs 749 crore via allotment of 97.40 lakh shares to qualified institutional buyers (QIBs).

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  SKS Microfinance Renamed Bharat Financial Inclusion

  SKS Microfinance on Monday said the name of the company has been changed to Bharat Financial Inclusion Ltd.

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  Ujjivan Financial Services Makes Strong Debut, Soars Over 15%

  Ujjivan is the third largest microfinance company in India according to assets under management after Janalakshmi and SKS Microfinance. It operates in 24 states through 470 branches.

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  SKS Microfinance Reports 108% Jump In Q4 Net, Shares Up

  SKS Microfinance's asset quality also improved in Q4, with net non-performing assets (as a percentage of total advances) falling by 6 basis points sequentially to 0.04 per cent.

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  Does Ujjivan Financial Services Score Over Equitas? Read Before You Invest

  Ujjivan Financial Services, India's third largest microfinance company after Janalakshmi and SKS Micro, is raising nearly Rs 900 crore through its initial public offer (IPO). Investors can apply for a minimum of 70 shares in the price band of Rs 207-210. The IPO will close on May 2, 2016.

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  SKS Microfinance Surges on Strong Q3 Numbers

  SKS Microfinance shares rallied as much as 8.68 per cent on Thursday, a day after the microfinance lender reported its December quarter earnings.

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  Sensex Up 200 Points as Government Looks for Compromise on GST Reform

  The gains came after Prime Minister Narendra Modi's office said Modi was due to meet opposition Congress party leader Sonia Gandhi on Friday evening to discuss the GST reform and other bills to be debated in the winter session of parliament.

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  SKS Microfinance Surges as RBI Increases Loan Disbursal Limit

  The RBI increased the loan limit for these lenders to Rs 30,000 from Rs 15,000 earlier for loans of less than 24 months maturity.

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  SKS Microfinance Cuts Interest Rate by 1%

  SKS Microfinance on Friday further slashed its interest rate by 1 per cent to 19.75 per cent with effect from December 7 for all future disbursals.

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  SKS Microfinance Rallies on Getting Rs 100 Crore Cheaper Loan

  SKS Microfinance shares advanced 7 per cent to hit intra-day high of Rs 428.90 after the Micro Units Development & Refinance Agency (MUDRA) sanctioned a refinance line of Rs 100 crore to the micro-lender at an interest rate of 10 per cent per annum.

• SKS Microfinance Surges 6% on Strong Q2

  SKS Microfinance shares gained as much as 6 per cent on Tuesday after it reported better-than-expected earnings for the July-September quarter supported by strong growth in interest income.

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  Buy Tata Steel, SKS Microfinance: Hemen Kapadia

  Hemen Kapadia, senior vice president at KR Choksey, prefers going long on individual stocks than broader markets at current levels in the near term, as a limited upside seen in the Nifty.

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  SKS Microfinance Surges 7% on Credit Suisse Upgrade

  Credit Suisse said SKS Microfinance's conversion into a bank would have led to a 36 per cent dilution ($260 million issue) in order to meet foreign ownership requirement, which would have been an immediate negative on the stock.

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  Avoid SKS Micro, Buy DLF, Says Kunal Bothra

  Kunal Bothra, senior technical analyst with LKP Securities, expects Friday's rally to extend.