Stock Market today: Small-cap stock below ₹100 Brahmaputra Infrastructure Ltd. share price gained 14% during the intraday trades on Friday. Brahmaputra Infrastructure announced receiving a LOA ( Letter of Acceptance) from Telcommunication Consultants India Limited for project execution. Brahmaputra Infrastructure share price opened at ₹65.99 on the BSE on Tuesday.
Open FlipAAVAS Financiers reported a weak quarter with lower NIM and disbursals, but PAT was in line due to lower opex and provisions. The company reiterated its FY25 guidance, expecting 20% AuM growth, and opex efficiency. Due to weak credit flow, AuM growth estimates were trimmed, but the target price increased to Rs1,900 with a "accumulate" rating.
Open FlipInflation in India likely to have scaled a 14-month high of 5.9 percent in October, hovering on the 6 percent ceiling of the RBI tolerance band, according to a Moneycontrol Poll of 14 economists. The forecasts from the 14 economists pegged the median inflation at 5.9 percent, up from 5.5 percent recorded in the previous month.
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