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Muthoot Microfinance shares surged by 6% following the firm’s acquisition of a corporate agent license from IRDAI

RatnavaliJune 25, 202403 mins

Muthoot Microfinance shares: In Tuesday’s afternoon session, shares of Muthoot Microfinance rose by more than 6% following the announcement that the firm has been granted a corporate agent license by the Insurance Regulatory and Development Authority of India (IRDAI). This license allows Muthoot Microfinance to provide customized insurance products to its customers. Muthoot Microfinance’s stock…

Mahindra Finance shares are up 3% from the day’s low; here’s why

RatnavaliJune 13, 202404 mins

Mahindra Finance shares: Mahindra & Mahindra Financial Services Ltd saw a reversal in its fortunes on Thursday, as its shares recovered from early losses and turned positive. The stock initially dropped 0.64 percent, hitting a low of Rs 288.15 in the early session. However, it later rebounded, rising 2.85 percent from that low to reach…