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#363 Daily Money Show | Stock Market News
Original: # 363 Daily Money Show | Money Purse Stock Market News
Takeaway
Strong Q1 results in financial services (high NII growth and NIM expansion) point to continued sector strength.
Summary
- Sensex -306 at 55,766; Nifty -88 at 16,631; Smallcap index weakness highlighted (global cues)
- Discussed company with revenue growth ~53% QoQ and EBITDA growth 45.8% — strong Q1 numbers
- Wealth/AMC company trust services contribute Rs 19.1 cr; segment growing 33.1% with 5% QoQ growth
- Bank net interest income +21% growth; NIM expanded from 3.89% — discusses NIM improvement
NIMresultsbanking
Original description
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