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Bajaj Finance on Friday reported a 40% YoY rise in consolidated net profit for the quarter ended December to Rs 2,973 crore. >> For more such web stories click on the ET icon below

The stock quoted a 52-week high price of Rs 115.63 and a 52-week low of Rs 83.0.

“One must understand that housing loans are for 13 years or 15 years and over that period of time, rates will go up and come down. It does not make too much economic difference whether you take a loan at the time when rates are higher or low because if they are high now they will come down, if they are low today they will go up at some point in time."

Though we recommend no major changes in the provisions for the next year, if the FM wants to bring in some changes, she should primarily concentrate on how to boost consumption and how to bring the cost of capital down, so that more investible resources can be created from the private sector.

The Relative Strength Index of the stock stood at 37.0 on Monday.

The stock quoted a 52-week high price of Rs 5139.8 and low of Rs 3314.0.

With gas price easing & alternate fuel use, margin recovery is on the anvil for Kajaria Ceramics.

The government has indicated its intention to ramp up capital investments, and the expected absence of a robust recovery in private capex will make public capex particularly important in FY24.

Promoters held 0.23 per cent stake in the company as of 31-Dec-2022, while FII and DII ownership stood at 8.82 per cent and 11.7 per cent, respectively.

The revenue from operations came in at Rs 33,691 crore, down 0.01% from Rs 33,697 crore in the corresponding quarter a year ago, the company said in an exchange filing.