Nirmal Bang

Nirmal Bang, one of the leading stock broking companies in India, caters to retail and institutional clients by offering them a range of financial products and services, including equities, derivatives, commodities, currency derivatives, mutual funds, IPOs, insurance, depository services and PMS.

Nirmal Bang is drawn from a diversity of professional backgrounds, and blend of experience, skill and dedication is shared with its clients. Nirmal Bang emphasizes adequate, thorough research local and world-wide developments, balancing these with the astute discovery of intrinsic values, synergies and growth. The aim is simply to help the investors to maximize their returns.

A Relationship Beyond Broking

Shriram Finance Placement - Well Flagged Cleanup but Watch Out for the Recent Spike

Shriram Finance - Strong Latent Demand, ROA 3.08% from 2.70%, Stage 2 Loans -14%, +25% Profit 1Q24

External broker reports(aggregated public sources), Nirmal Bang

External broker reports(aggregated public sources)

Equity Bottom-Up

<div><div><div><div><ul><li>Focus on digital initiatives for loan disbursement and collection. During FY22, digital collection of loan EMIs and fixed deposits (FD) stood at 27.09% and 11.02%, respectively.</li><li>Change in policies for NPA tagging and repossession of financial instruments affected profit before tax by Rs4.41bn in FY22.</li><li>Improvement in funding from banks and higher deposit collections.</li></ul></div></div></div></div><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Focus on digital initiatives for loan disbursement and collection. During FY22, digital collection of loan EMIs and fixed deposits (FD) stood at 27.09% and 11.02%, respectively.Change in policies for NPA tagging and repossession of financial instruments affected profit before tax by Rs4.41bn in FY22.Improvement in funding from banks and higher deposit collections.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Shriram Transport Finance - FY22 - Annual Report Analysis