Latest news with #CIFL
Mint
2 days ago
- Business
- Mint
Stock to buy under ₹100: Anand Rathi sees 18% upside in this NBFC share. Should you buy?
Shares of Capital India Finance Ltd (CIFL), a mid-tier non-banking financial company (NBFC), could be headed for a sharp upward move, according to a recent technical report by Anand Rathi. The brokerage has issued a bullish call on the counter, projecting an upside of 18 percent in the near term, supported by a favorable technical setup and improving momentum indicators. CIFL is currently trading near the ₹ 40 level, having recently corrected nearly 18 percent from its recent peak in the ₹ 44–45 zone. Anand Rathi highlighted that the stock has successfully tested the 61.8 percent Fibonacci retracement level, which closely aligns with the monthly S1 floor pivot. This convergence of support zones around the ₹ 38–40 band suggests a potential base formation, presenting a strong risk-reward trade opportunity. The brokerage has recommended accumulating the stock in the ₹ 38–40 range, with a target price of ₹ 46, implying an upside of over 18 percent from current levels. A stop-loss has been suggested at ₹ 35 on a daily closing basis, making the risk-reward ratio favourable for short-term traders. On the fundamental side, CIFL continues to show signs of stable growth. As per the company's March 2025 data, Assets Under Management (AUM) reached ₹ 10.04 billion, a 7 percent increase from ₹ 9.35 billion in March 2024. This milestone marks a key achievement in CIFL's journey as a focused lender to India's underserved micro, small and medium enterprise (MSME) segment. Of the total AUM, a significant 84 percent is secured lending, underscoring the company's cautious underwriting strategy. The remaining 16 percent constitutes unsecured loans. The company reported a net Non-Performing Asset (NPA) ratio of just 0.98 percent, indicating strong asset quality. Meanwhile, its Capital Adequacy Ratio stood at 36.08 percent, while the debt-to-equity ratio remained moderate at 1.06x, suggesting room for expansion without compromising financial stability. Commenting on the company's future plans, CEO Pinank Shah noted, 'The sale of Capital India Home Loans will help sharpen our focus on MSME lending. With a sound framework now in place, we expect to see results from FY26 onwards. Our aim is to grow our branch network to 100 locations over the next two years.' Capital India Finance has delivered strong returns over the past year, rising over 94 percent. The stock has rebounded well in recent months—gaining 11 percent in June alone, after a 21 percent rally in April. May was relatively muted with a 1 percent decline, but earlier months had seen weakness, with the stock falling 6.7 percent in March, 8.5 percent in February, and 3 percent in January. At current levels, CIFL remains well below the ₹ 100 mark, making it a notable pick in the under- ₹ 100 segment. For retail investors looking for NBFC exposure in a smallcap format, the combination of improving technical indicators and stable business performance may offer an attractive entry point.
Mint
3 days ago
- Business
- Mint
Stock to buy under ₹100: Anand Rathi sees 18% upside in this NBFC share. Should you buy?
Shares of Capital India Finance Ltd (CIFL), a mid-tier non-banking financial company (NBFC), could be headed for a sharp upward move, according to a recent technical report by Anand Rathi. The brokerage has issued a bullish call on the counter, projecting an upside of 18 percent in the near term, supported by a favorable technical setup and improving momentum indicators. CIFL is currently trading near the ₹ 40 level, having recently corrected nearly 18 percent from its recent peak in the ₹ 44–45 zone. Anand Rathi highlighted that the stock has successfully tested the 61.8 percent Fibonacci retracement level, which closely aligns with the monthly S1 floor pivot. This convergence of support zones around the ₹ 38–40 band suggests a potential base formation, presenting a strong risk-reward trade opportunity. The brokerage has recommended accumulating the stock in the ₹ 38–40 range, with a target price of ₹ 46, implying an upside of over 18 percent from current levels. A stop-loss has been suggested at ₹ 35 on a daily closing basis, making the risk-reward ratio favourable for short-term traders. On the fundamental side, CIFL continues to show signs of stable growth. As per the company's March 2025 data, Assets Under Management (AUM) reached ₹ 10.04 billion, a 7 percent increase from ₹ 9.35 billion in March 2024. This milestone marks a key achievement in CIFL's journey as a focused lender to India's underserved micro, small and medium enterprise (MSME) segment. Of the total AUM, a significant 84 percent is secured lending, underscoring the company's cautious underwriting strategy. The remaining 16 percent constitutes unsecured loans. The company reported a net Non-Performing Asset (NPA) ratio of just 0.98 percent, indicating strong asset quality. Meanwhile, its Capital Adequacy Ratio stood at 36.08 percent, while the debt-to-equity ratio remained moderate at 1.06x, suggesting room for expansion without compromising financial stability. Commenting on the company's future plans, CEO Pinank Shah noted, 'The sale of Capital India Home Loans will help sharpen our focus on MSME lending. With a sound framework now in place, we expect to see results from FY26 onwards. Our aim is to grow our branch network to 100 locations over the next two years.' Capital India Finance has delivered strong returns over the past year, rising over 94 percent. The stock has rebounded well in recent months—gaining 11 percent in June alone, after a 21 percent rally in April. May was relatively muted with a 1 percent decline, but earlier months had seen weakness, with the stock falling 6.7 percent in March, 8.5 percent in February, and 3 percent in January. At current levels, CIFL remains well below the ₹ 100 mark, making it a notable pick in the under- ₹ 100 segment. For retail investors looking for NBFC exposure in a smallcap format, the combination of improving technical indicators and stable business performance may offer an attractive entry point. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
India Today
23-06-2025
- Business
- India Today
Delhi University offers short-term language courses for 2025–26 session
Delhi University's Centre for Indian and Foreign Languages (CIFL) has opened admissions for its popular part-time certificate courses in foreign languages for the academic year 2025– short-term programs, aimed at students and working professionals alike, offer immersive training in eight globally spoken languages: Chinese, Japanese, Korean, Italian, Spanish, French, German, and under the Open Learning Development Centre (OLDC), CIFL's courses are affiliated with the university's Departments of Germanic and Romance Studies and East Asian Studies. Upon successful completion, students will receive a certificate directly from the University of NOW OPEN The application window is open from June 16 to July 12, 2025, with the entire admission process being conducted online through Applicants must have completed Class 12 or an equivalent qualification. Admissions will be merit-based, calculated using the best four subjects (including English or Hindi).General category applicants must have secured a minimum of 50 percent aggregate marks and at least 45 percent in English or Hindi. Relaxations are available for reserved categories, with a lower cutoff of 45 percent. Graduates and postgraduates are eligible for bonus weightage—10 percent and 15 percent respectively—to be added to their merit candidate can apply for only one language course, and the application fee is Rs 200 per course. Supporting documents, including a recent photograph, 10+2 marksheets, and a scanned signature, must be uploaded during the registration DURATION AND FEESadvertisementThe part-time courses are scheduled to begin in mid-August 2025 and will run through March 2026. Classes will be conducted in person on campus, and detailed timetables will be shared a week before total course fee is Rs 10,000, with an additional Rs 510 examination fee. Students not previously enrolled with DU will also need to pay a one-time university enrollment fee of Rs 300. Once paid, the fees are non-refundable, except in the rare case where a course is cancelled by the link to check and download the prospectus MERIT LISTS AND COUNSELLINGAdmissions will be carried out in three rounds:First Merit List: July 17 (Counselling: July 18,20)Second Merit List: July 22 (Counselling: July 23,25)Third Merit List: July 27 (Counselling: July 28,30)Selected candidates must confirm their admission and pay the fees within three days of their respective counselling AND REMINDERSCIFL has emphasised strict adherence to guidelines. Applicants must ensure all information matches their official documents exactly, and no changes can be made post-submission. Shifting between courses after admission will not be allowed, and admission remains provisional until original documents are enrolling through CIFL will receive an official DU student ID card but will not be entitled to central DU facilities like library access or hostel InTrending Reel
