NBFC Stock

Tata Capital reported a consolidated net profit of ₹1,285 crore for the December quarter, a 39.3% increase year-on-year. Net interest income rose 26% to ₹2,936 crore.

Manappuram Finance shares rose 4.5% to ₹298.70 after the company clarified media reports about RBI objections to its deal with Bain Capital. The stock had previously dropped 8% following the news, but the firm denied the allegations and assured compliance with regulatory filings.

Shriram Finance shares have surged 97% from their 52-week low, fueled by MUFG Bank's 20% stake acquisition for ₹39,620 crore. Despite a recent dip, the stock reached an all-time high of ₹983.7, reflecting strong investor interest and optimism from brokerages.

Penny stock under Re 1: Mangalam Industrial Finance, a Kolkata-based NBFC, saw its stock rise 5% to ₹0.97 amid strong buying interest. The company has faced pressure over a longer time frame, declining 68% YTD.

TCI Finance has seen a 74% increase in stock price over four sessions, reaching ₹19.50. The rally, driven by technical factors, has caught investor attention and turned year-to-date losses positive at 5%. The stock is on track for its largest monthly surge since June 2024.

Shriram Finance share price hit the day's high of ₹911.35 on the BSE following the announcement, up 4.8% over its last closing price of ₹869.20 after it announced that MUFG will pick 20% stake for a whopping $4.4 billion.

In an exchange filing, the NBFC company said that the board will consider fundraising by issuance of non-convertible debentures on private placement basis.

Paisalo Digital's stock rises 3% following a significant increase in stake by promoters. With strategic unpledging and upcoming NCD issuance, investors are closely watching this NBFC as it attempts a comeback in the market.

Paisalo Digital plans to issue up to 7,500 unsecured non-convertible debentures worth ₹75 crore, with an 8.50% annual coupon. The NCDs will be listed on BSE and have a tenure of 36 months. The company’s share price has fallen over 12% in the past month.

Sammaan Capital shares rose nearly 4% following a clarification regarding Supreme Court proceedings, which found no wrongdoing against the company. The firm emphasised it is now promoter-less and has fully repaid loans central to a public interest litigation that remains ongoing.