NBFCs, which are regulated by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI), play a significant role in the Indian financial sector and make substantial contributions to the economy.
The prominent forging company in the country, reported an impressive 382% year-on-year increase in profit after tax for the second quarter, reaching Rs 23.2 crore.
Liquidity flows, as well as positive sentiments on the back of better-than-expected quarterly results and the government's recent reform measures, have the potential to lift the key Indian equity indices higher during the upcoming truncated weekly trade, analysts opined.
Bangalore, Oct 12: Aided by weakening rupee, country's second largest exporter Infosys today reported 9.72 per cent jump in profit for July-September period at Rs 1,906 crore, beating market expectations.Infosys had posted a net profit
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