Page 6 - Jm Financial

New growth opportunities, high debt risk: How analysts interpret RIL's AGM

Analysts said that though the company is set to embark the journey of new growth opportunities in telecom, and new energy areas, it may lead to increase in near-term debt, and weaken the return ratios

Banks' Q1 net profit growth estimated at 47% as lending stays strong

According to Bloomberg's data on analysts' estimates, net profits of the 12 listed banks in Q1FY23 will grow 47 per cent YoY and shrink 7.8 per cent sequentially

Markets unlikely to bottom out soon amid recession fears: Nomura

As regards valuations, Nomura believes stocks have largely (if not fully) priced in expectations of higher policy/discount rates. They expect the markets to remain choppy in the near-term

JM Financial mutual fund plans 4-5 NFOs, aims Rs 7k-10k crore AUM by FY23

The mutual fund house said it does not foresee any major dip in Systematic Investment Plan (SIP) inflows going forward which had witnessed a steady growth to around Rs 11,000 crore per month

Tata's super app not just old wine in 'Neu' bottle, says JM Financial

Tata Group's Tata Neu is an ecosystem bringing the conglomerate's data-driven omnichannel experience to consumers across multiple channels, said JM Financial Institutional Securities

Emiza Supply Chain raises Rs 38 cr in funding round led by JM Financial

Emiza Supply Chain Services has raised Rs 37.5 crore in a funding round led by JM Financial Private Equity

JM Financial elevates Sonia Dasgupta as CEO of investment banking

She succeeds Adi Patel and Atul Mehra who have been Co-Heads of Investment Banking business till date

Federal Reserve balance sheet expands despite a hike in policy rate

This has cushioned the blow, resulting in a mild correction in risk assets like equity, say analysts

Not taking any bold decisions other than tactical allocation: JM Financial

SATISH RAMANATHAN, chief investment officer for equity at JM Financial Asset Management says the investment firm has increased cash levels marginally across portfolios to ride out the volatility.

JM Financial gives 'buy' call for Hindalco, M&M, Zomato, and 3 others

Brokerage and financial firm JM Financial Institutional Securities has given a 'buy' call for Hindalco Industries, Mahindra & Mahindra, Zomato, Bharat Forge, Prestige Estates, and Gujarat State Petronet.

JM Financial's net profit jumps 20% to Rs 217 crore in December quarter

JM Financial on Monday said its consolidated net profit witnessed a 20 per cent jump to Rs 216.80 crore in the December 2021 quarter.

JM Financial floats digital investment platform for corporate bonds

Aims to create an ecosystem whereby retail investors can easily participate in the securities market that has so far been dominated by institutional investors

JM Financial's Sept quarter net up 25% on surge in share sale fee income

The company posted a net profit of Rs 174.43 crore in the three-month period, compared with Rs 139.06 crore in the same period of last year.

JM Financial Products to raise Rs 500 crore via first tranche of NCD issue

The issue will continue to help the company diversify borrowing and investor mix, says MD

IDBI Bank strategic sale: 7 firms in race for transaction advisor

As many as seven firms, including JM Financial, Ernst and Young and Deloitte, have bid for managing the strategic sale of IDBI Bank.

Anil Agarwal's Sterlite Power Transmission hires two banks for IPO

The IPO will mainly consist of new shares, and more bankers may be added as plans progress

JM Financial June-qtr consolidated net jumps 117% to Rs 203 crore

JM Financial on Wednesday reported a consolidated net income of Rs 203.14 crore for the quarter to June, up 117 per cent over the same period in 2020, primarily on account of a low base

We see rupee devaluing as exports become priority: JM Financial's Manglunia

Manglunia tells Puneet Wadhwa that based on risk appetite, there is a lot of value in select names in 'AA' category and below, which offer excellent carry even in the face of threat of rising rates

JM Financial PE to invest Rs 35 crore in Pune-based packaged food firm

Investment will support brand building and augmentation of firm's existing capacities; this marks closing of eighth investment by JM Financial India Fund II

Market valuation not as attractive compared to March'20: Satish Ramanathan

Systematic investment plans (SIPs) will be the preferred mode of portfolio building at this juncture, he said