News for Arman Financial Services Limited (ARMANFIN.BO)

Manba Finance is a non-banking finance company offering financial solutions for new two-wheelers, three-wheelers, used cars, small business loans and personal loans.

The ace investor bought 1.80% stake in Dredging Corporation of India while shopping for 5.53% in Oriental Rail Infrastructure in the January-March quarter. Both stocks have delivered multibagger returns of 154% and 555%, respectively, in the last 12 months.

Arman Financial Services Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported revenue was INR 1,687.63 million...

Arman Financial Services Limited announced that Mr. Mridul Arora, Nominee Director of the company has tendered his resignation from the position of the Nominee Director of the company with effect from...

BSE's Sensex gained 371.95 points, or 0.52 per cent, to settle at 72,410.38. NSE's Nifty50 surged 123.95 points, or 0.57 per cent, to end the day at 21,778.70 for the day.

In the broader market, the Nifty Midcap 100 index, which saw its biggest one-day fall in over a year on Wednesday, rebounded and rose 0.6%, while the BSE Smallcap index gained close to 1%. Mazagon Dock Shipbuilders, JSW Energy, NHPC, Coromandel International, and Oil India were the major gainers in the midcap space, rising 3-6%.

India Business News: Shares of bank and non-banking financial companies (NBFCs) dropped by up to 7% in morning trade due to heavy selling pressure after the Reserve Bank o

BSE's barometer Sensex dropped 221.09 points, or 0.33 per cent, to settle at 66,009.15. NSE's Nifty50 plunged 68.10 points, or 0.34 per cent, to end at 19,674.25 for the day.

Several S&P BSE Smallcap stocks, including ADF Foods, Amara Raja Batteries, Anant Raj, Angel One, The Anup Engineering, Apar Industries, Arman Financial Services, and Arvind, reached new 52-week highs, indicating positive market sentiment. These companies operate in various sectors such as Indian food products, automotive and industrial batteries, real estate development, financial services and wealth management, precision engineering, specialty oils, power transmission conductors, microfinance and SME loans. They are known for their strong performance and diverse portfolios in their respective industries.

BSE Sensex dropped 346.89 points, or 0.55 per cent, to settle at 62,622.24, while NSE's Nifty50 drops 99.45 points, or 0.53 per cent, to end the session at 18,534.40 for the day.

On July 11, Nifty 50 opened at 16,136.15 points and Sensex opened at 54,235.02 points. Till 10.21 am today, Nifty fell by 0.35%, and Sensex gained by 0.45%. Nifty FMCG surged by 0.54%, Nifty Metal fell by 0.39%, Nifty Pharma surged by 0.58%, and Nifty IT fell by 0.40% today. Additionally, Nifty PSU Bank surged by 0.66% gain, Nifty Private Bank gained by 0.66%, and Nifty energy gained by 1.23%.

BSE Sensex and NSE Nifty 50 were trading nearly half a per cent up on Friday, on the back of gains in index heavyweights such as L&T, ICICI Bank, HDFC Bank, Axis Bank.

According to a study by ETMarkets.com, these stocks have turned an investment of Rs 1 lakh into Rs 1 crore or more. A majority of them were penny stocks back then. Robust fundamentals helped them to script a historic turnaround.