Hey there, stock enthusiasts! Have you been keeping an eye on the Small-Cap NBFC Stocks sector lately? If not, you’re missing out on some pretty thrilling stuff. We’re talking about stocks priced under a humble ₹100 making some serious waves. Come with me as I talk about what’s new with Star Housing Finance, Manappuram Finance, and Edelweiss Financial Services. It’s not the numbers; it’s also the exciting growth stories these businesses are writing!
Table of Contents
Star Housing Finance Limited (Star HFL) – A Star Indeed!
- The Big Jump: Guess what? Star Housing Finance’s latest Q3 results are out, and they’re nothing short of impressive. Their Assets Under Management (AUM) have skyrocketed by a whopping 96.54% to Rs. 368.67 crores. That’s not all – they’ve also seen a 33.80% increase in their loan disbursements. Talk about growth!
- Stocks on the Rise: Post these results, Star HFL’s stock price did a little happy dance, hitting an intraday high of ₹74.05. That’s some serious momentum!
- Spreading Their Wings: These guys are expanding big time, with a presence now in North India and a total of 26 offices and 8 digital points. They’re everywhere!
Manappuram Finance Limited – The Gold Standard of Growth Small-Cap NBFC Stocks
- Impressive Q2 Show: Manappuram Finance isn’t lagging either. Their Q2 results are in, and they’re glowing. The company’s net revenue has risen by 27%, and the net profit by a solid 23.7%. The result? Their stock price soared by 6.2%, reaching ₹147.
- Dividend Alert: Shareholders, rejoice! The company announced an interim dividend of Rs 0.85 per share. A sweet reward, indeed!
- A Golden Footprint: Manappuram Finance is a big name in gold loans, with over 5000 outlets all over India. They’re not slowing down either.
Edelweiss Financial Services Ltd – The Budding Powerhouse
- Stock Surge: Edelweiss Financial Services’ stock is on a roll, jumping 6.9% after they announced plans to raise ₹200 crores through non-convertible debentures.
- Financial Fireworks: Their revenue and net profit have seen jumps of 66.33% and 91.59% year-on-year, Now, those are numbers worth noticing!
- Spread out and flexible: Edelweiss plays well in a lot of different financial areas, from trading to insurance.
Last Words: What do we think about all of this? In short, the small-cap NBFC business is full of life and opportunity. These companies are doing very well, not growing. People looking for stocks under ₹100 can find some interesting options with them. Of course, you should always do your research before beginning any business.
Happy investing, and stay tuned for more exciting updates from the world of finance!
