Exclusives

AUM Growth Seen At 25%-30%, Asset Quality To Improve In 2nd Half Of FY25, Says Chola Finance CFO
|"AUM growth would be in the range of around 25% to 30%, provided that the monsoon comes in you know as expected or as predicted," said Arul Selvan.
FMCG Sector Poised For Growth Amid Positive Earnings And Budget 2024 Measures, Says Religare Broking's Ajit Mishra
|Economic indicators are showing a steady recovery, and there have been no negative surprises from the earnings front so far. However, global economic uncertainties and inflationary pressures pose challenges.
Shailesh Saraf Of Value Stocks Sees Big Opportunity In Green Energy Stocks Tata Power, Suzlon, Others As Power Demand Stays Sky High
|Shailesh Saraf of Dynamic Equities prefer investing in energy companies like Tata Power, Suzlon, PFC, REC, IREDA due to the high power demand in the country.
Chola Securities' Dharmesh Kant On Earnings Season, Budget And Record Inflows
|"As far as the budget is concerned I think if they don't change anything and just go by the interim budget whatever announcements were there it would be good for the markets," Kant told Benzinga India.
'More Balanced Taxation Framework': CoinDCX's Sumit Gupta On Expectations From The Budget
|Gupta thinks that crypto assets should be treated similarly to equities. "You have stocks on one side and then you have crypto on another side, the properties are similar, the risks are similar, so the treatment should also be similar," the CEO told Benzinga India.
Motilal Oswal Expects Up To 16% Earnings Spurt For Nifty, Sees Strong Momentum Over Next 3-6 Months
|Indian stock market set to continue bull run due to earnings growth, normalised monsoons, strong GDP & government capex says Motilal Oswal.
'We Plan To Add 3,000 New Customers In FY25': TAC Infosec's CEO Plans To Become World's Leading Vulnerability Management Company
|Talking about the company's expansion plans, Arora said that by the end of March 2025, the company is aiming to bring 3,000 new customers on board.
'Strong Performance Despite Slowdown In Developed Markets': eClerx Services CEO On Q4-Print
|"We have given a guidance of 24-28% for our EBIDTA and will stay in the top quadrant for both revenue and margin," Jain told Benzinga India.
Faster Growth, Steady Margins: LatentView Analytics CFO Reveals Strategy Post-Q4 EBITDA Surge
|"The plan for the next year is to definitely grow at a faster rate than what we did this year while overall for the full year, maintaining an EBITDA margin between 21.5% to 23%," Venkatesan told Benzinga India.
After A Strong FY24, Five Star Business CFO Expects 30% Growth In FY25, NIMs At 15-16%
|Five-Star Business Finance reported a 40% increase in its profit after tax for the January-March quarter, reaching ₹236 crore compared to ₹169 crore in the corresponding quarter of the previous year. Total disbursements during the quarter also saw a growth of 20%, reaching ₹1,336 crore compared to ₹1,110 crore in the same period last year.
Ending FY24 On A High, Chola Finance CFO Expects 20-25% Growth In FY25
|"We'll endeavour to do a 20-25% assests growth in the coming year, that's our target while all the businesses will grow in a sort of a seamless manner," CFO Arul Selvan told Benzinga India.
Chola Securities' Dharmesh Kant On Markets As Earnings Kickoff: 'This Market Is Discounting That Nothing Can Go Wrong'
|"My Nifty EPS target of around 1,020, 1,050 for FY24 is likely to be met when this quarter's earnings are rolled out because the latest swing in the input prices will not be reflected in any of the companies because there's a time lag. So Q1 of FY 25 would be a difficult one. But Q4 FY24, I think we will pass through with flying colours," Kant told Benzinga India.
This Fintech Company Is Helping Small Businesses Fix Their Short-Term Cash Flow Needs
|VoloFin offers invoice financing and supply chain solutions to SMEs in Singapore and India. CEO Roshan Shah talks about the company's growth and impact in an interview.
Prorata Car's Sanjeev Jain On Life After Shark Tank: 'The Real Happiness Is...'
|The Shark Tank is a great place to find out about the different and innovative startups that are coming up in the country. One such startup, that has gained a lot of eyeballs with their appearance on the tank is Prorata Car.
'We Want To Be A Pan-India Brand By 2024': The Hosteller's CEO On Expansion Plans
|"We are focused heavily on the southern part of the country for the next six months. Once we stabilize ourselves over there, then I think our portfolio will be equally divided between North and South. And early next year we plan to move to the northeast part of the country as well," Dangi told Benzinga India.
Exclusive: Zoomcar CEO Eyes Strong Revenue Growth, Expects 70%-100% Jump
|Talking about the outlook going forward, Moran said that the company is looking at a 70 to 100% Jump in revenue between $17 to $20 million for this coming year.
Five Star Business CFO Confident Of Closing FY24 On A High On Back Of Improved Disbursals
|"Both in Q2 and Q3, we disbursed a little over ₹1,200 crores. I think that we should at least clock 8% to 10% growth, or maybe a little more than that for Q4, which will lead to an AUM growth of close to 38% to 40% for the full year," CFO Srikanth Gopalakrishnan tells Benzinga India.
After Strong Q3, Chola Finance CFO Confident Of Ending FY24 On A High
|"We should look at around 30%-32% YoY growth this year and next year again, because this year has been very good, and you will have a larger base to handle. So I would conservatively put it in the range of around 20% plus for the next year," Arul Selvan told Benzinga India.
India's Budget Day Nears: Crypto Sector Eyes Tax Reforms and SRO Establishment
|In light of the upcoming budget, there is optimism within the cryptocurrency sector that there will be a review and potential reform of the current taxation policies concerning virtual digital assets (VDAs).
Union Budget 2024: What To Expect From The Interim Budget?
|The interim budget during an election year is aimed at meeting immediate financial needs before a new government is formed. The full-fledged union budget will only be released after the elections, which will take place between April and May.
Chola Securities' Dharmesh Kant Sees Nifty 50 Hitting 24,000 In 2024
|"We are expecting 24,000 this year. Whether it happens after the election or before the election or in a run-up after the budget that remains to be seen," Kant told Benzinga India in an interview.
These Two Fashion Trendsetters Are Predicting What You're Going To Wear Tomorrow
|Chandrasekar and Vohra crossed paths as part of the founding team at Reliance's fashion and lifestyle brand, AJIO, where they discovered an immediate connection.
'Could Account For 4%-5% Of Revenue Over The Next 3 Years,' Says Radiant CMS Director On Acemoney Acquisition
|Last month, Radiant CMS announced the strategic acquisition of Acemoney to expand its presence in the fintech landscape. Acemoney provides comprehensive and advanced digital banking solutions designed specifically for retail outlets, cooperative banks and cooperative societies in rural areas
Virat Kohli, Glen Maxwell, Other Athletes Use This Tech, Now An Indian Startup Is Bringing It To The Grassroots
|But, till now most of these technological leaps have not been able to reach the grassroots level. However, one Indian startup is trying to change that. Footrax Is developing wearable devices And providing innovative technology solutions for aspiring young talents.
Chola Securities' Diwali Picks: Multibagger Railway Stock Still Has Steam Left
|RVNL's share price has been on a tremendous bull run this year, and analysts at Chola Securities see the stock going further up. The brokerage firm in its Diwali picks note, said that the the railway infra space has been buzzing and flooded with orders, on renewed Government's focus/spending.
After Robust Growth In H1, Cholamandalam Investment Confident Of Strong Performance In H2, Says CFO
|Talking about the company's outlook going forward, the company's CFO Arul Selvan said that, Q3 and Q4 may not have similarly high numbers because of the higher base but for the full year he expects the growth to be anywhere between 25% to 30%.
After Robust Q2, Five-Star Business Set To Continue Growth, Says CFO
|The company has been guiding for 35% growth and Gopalakrishnan reiterated that. "We are cautiously optimistic that we should be able to reach the numbers that we have guided the street with and maybe overachieve on some of the numbers."