Financial Sector

This final payment brings the total payout for fiscal year 2023-24 to ₹16.50 per equity share, including the interim dividend of ₹5.50.

Mahindra Finance stated that a scam was discovered at one of the company's locations in the northeast, near end of Q4.

In June of last year, both the companies formed a joint venture in India, where they equally contributed $150 million each to offer asset management services.

The Gurugram-based firm posted a profit after tax of ₹37 Crore for the December quarter of FY24.

L&T Finance is a renowned NBFC, delivering a range of financial products and services under the L&T Finance name.

The minimum public shareholding requirement requires all listed firms to guarantee that non-promoters control at least 25% of their equity shares.

BSE SME-listed Veefin Solutions (Veefin) is the global leader in digital supply chain finance.

Sector-wise, the Metal index emerged as a standout performer, witnessing a substantial 4% surge.

Sector-wise, Nifty Metal led the gains with a rise of over 2%, followed by Nifty Auto, Bank, Energy, and Infra, which saw increases of up to 1.8%.

Here is our monthly check of mutual fund performance.