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Shares of FIEM Industries surged over 4% in trade today, September 3, after brokerage firm Kotak Securities initiated coverage on the stock with a Buy rating, expecting stock to rally 39% from current price.
The CEO released a special message addressing the firm’s investors and employees on the occasion of Diwali and a day ahead of Samvat 2078.
In a regulatory filing presented before the BSE, the lender revealed that its Net Interest Income (NII) grew by 3.2 percent during the Q2FY22, standing at Rs.4,020.6 crore from Rs 3,897 crore in the same quarter last year.