CGCL.NSE News
RBI’s Growth Push and New NBFC Framework to Boost Transparency, Stability: Expert
Mumbai: The Reserve Bank of India’s continued focus on boosting economic growth, along with its proposed regulatory changes for non-banking financial companies (NBFCs), is expected to bring greater strength and clarity to the sector, Rajesh Sharma, Managing Director of Capri Global Capital Limited said on Thursday. In an interaction with IANS, Sharma said that the RBI’s regulatory frameworks have historically brought transparency and stability, and the proposed changes for NBFCs are no exception. “Such initiatives by the central bank help improve compliance standards while supporting overall sectoral growth,” he said. “The Reserve Bank of India has consistently prioritised economic expansion, and the upcoming framework is likely to further strengthen growth momentum while ensuring better regulatory oversight,” he stated. Following the RBI’s Monetary Policy Committee (MPC) decision earlier this week, Governor Sanjay Malhotra had indicated that the central bank is working on a revised classification system for NBFCs, with an announcement expected soon.
cityfalcon.com
Brief Finance: HMH Holding Inc. (HMHW): Drilling and Service Provider Sets Terms After Lengthy Time in IPO Pipeline and more
In this briefing: HMH Holding Inc. (HMHW): Drilling and Service Provider Sets Terms After Lengthy Time in IPO Pipeline KDIC Plans to Sell a 33.9% Stake in SGI Insurance and a 10% Stake in Hanwha Life Insurance in 2026 Shortlist of High Conviction Philippines Equity Ideas - March 2026 AIA Group Ltd. (1299 HK) - US$1.7bn buyback a +VE surprise; lift TP to HK$112 Capri Global Capital Ltd - Capri Global’s Gold Loan Branch Visit Note 1. HMH Holding Inc. (HMHW): Drilling and Service Provider Sets Terms After Lengthy Time in IPO Pipeline HMH Holding targets up to $948m valuation, offering 10.52mm shares at $19–$22, with IPO debut scheduled for April 1. ~$199m net proceeds to fund shareholder buybacks from Baker Hughes and Akastor and repay loans via HMH B.V. Asset-Light model with 19% EBITDA margins, but prolonged IPO timeline may drive investor caution despite supportive ~$100 oil pricing backdrop. 2. KDIC Plans to Sell a 33.9% Stake in SGI Insurance and a 10% Stake in Hanwha Life Insurance in 2026 KDIC plans to sell a 33.9% stake in Seoul Guarantee Insurance (031210 KS) (SGI) in 2026 which is worth 1.3 trillion won at current prices.
cityfalcon.com
Capri Global Secures Moody’s and Fitch Ratings, Reinforcing Strong Credit Profile
Mumbai, Mar 24: Capri Global Capital Limited, a leading non-banking financial company (NBFC), has secured ratings from two leading global rating agencies, Moody’s Ratings and Fitch Ratings, marking a significant milestone in its growth journey [...] The post Capri Global Secures Moody’s and Fitch Ratings, Reinforcing Strong Credit Profile appeared first on Business News This Week .
cityfalcon.com
Brief Finance: KDIC Plans to Sell a 33.9% Stake in SGI Insurance and a 10% Stake in Hanwha Life Insurance in 2026 and more
In this briefing: KDIC Plans to Sell a 33.9% Stake in SGI Insurance and a 10% Stake in Hanwha Life Insurance in 2026 Shortlist of High Conviction Philippines Equity Ideas - March 2026 AIA Group Ltd. (1299 HK) - US$1.7bn buyback a +VE surprise; lift TP to HK$112 Capri Global Capital Ltd - Capri Global’s Gold Loan Branch Visit Note CPKF: Raising our CPKF 2026 Diluted EPS Estimate by 0.58 to $3.90 1. KDIC Plans to Sell a 33.9% Stake in SGI Insurance and a 10% Stake in Hanwha Life Insurance in 2026 KDIC plans to sell a 33.9% stake in Seoul Guarantee Insurance (031210 KS) (SGI) in 2026 which is worth 1.3 trillion won at current prices. On 24 March, KDIC announced that it plans to sell its entire 10% stake in Hanwha Life Insurance (088350 KS) in 2026 (worth 420 billion won) at current prices. These potential block deal sales of Seoul Guarantee Insurance and Hanwha Life Insurance are likely to act as negative overhangs on their share prices in the coming months. 2. Shortlist of High Conviction Philippines Equity Ideas - March 2026 We are gradually building a high-conviction coverage of ideas for mid and small-cap companies in the Philippines.
cityfalcon.com
Brief Finance: Shortlist of High Conviction Philippines Equity Ideas - March 2026 and more
In this briefing: Shortlist of High Conviction Philippines Equity Ideas - March 2026 AIA Group Ltd. (1299 HK) - US$1.7bn buyback a +VE surprise; lift TP to HK$112 Capri Global Capital Ltd - Capri Global’s Gold Loan Branch Visit Note CPKF: Raising our CPKF 2026 Diluted EPS Estimate by 0.58 to $3.90 Nikkei 225 (NKY INDEX) Tactical Outlook Ahead of Mar 2026 Rebalance / After US Stopped Iran Strikes 1. Shortlist of High Conviction Philippines Equity Ideas - March 2026 We are gradually building a high-conviction coverage of ideas for mid and small-cap companies in the Philippines. We established metrics focused on high ROCE, sustainable 10-15% YoY growth, robust balance sheets, and prudent capital allocation —essential elements for identifying potential multi-bagger opportunities. In the spotlight is one of our top picks, the Philippine Stock Exchange (PSE PM) , which we met at the InvestPH conference and got interesting updates from on the business. 2. AIA Group Ltd. (1299 HK) - US$1.7bn buyback a +VE surprise; lift TP to HK$112 AIA delivered broadly in-line FY25 results with VONB growing 15% CER (or 17% AER) to US$5,516mn, while the new US$1.7bn share buyback for FY26 was a positive surprise in addition to US$2.6bn total dividends (+10% YoY). 4Q VONB moderated to US$1.2bn, up 9.7% YoY, slower than a 27% rise in 3Q25 (US$1.48bn).
cityfalcon.com
Brief India: Aequitas: Raajmarg Infra InvIT IPO Trading - Decent Demand; Leads Past REIT Listings and more
In this briefing: Aequitas: Raajmarg Infra InvIT IPO Trading - Decent Demand; Leads Past REIT Listings India's Rating Agencies: The Only Toll Booth on the Road to a $10 Trillion Economy PICK OF THE WEEK: APL Apollo Tubes Ltd - 21st March, 2026 Chemical Sector Update: Middle East Disruption Triggers Cost Shock for Indian Chemical Sector Capri Global Capital Ltd - Capri Global’s Gold Loan Branch Visit Note 1. Aequitas: Raajmarg Infra InvIT IPO Trading - Decent Demand; Leads Past REIT Listings Raajmarg Infra Investment Trust (RIIT IN) raised around US$650m in its India IPO. RIIT owns and manages a portfolio of five highway assets in India spread across six cities, like Tamil Nadu, Karnataka, Jharkhand, and Andhra Pradesh, as per the CARE Industry Report. We have looked at the company’s past performance and valuations in our previous notes. In this note, we will talk about the trading dynamics. 2. India's Rating Agencies: The Only Toll Booth on the Road to a $10 Trillion Economy India's corporate bond market hit a record Rs 53.6 lakh crore outstanding in March 2025, with fresh issuances of Rs 9.9 lakh crore in FY25 alone, the highest ever.
cityfalcon.com
Brief India: India's Rating Agencies: The Only Toll Booth on the Road to a $10 Trillion Economy and more
In this briefing: India's Rating Agencies: The Only Toll Booth on the Road to a $10 Trillion Economy PICK OF THE WEEK: APL Apollo Tubes Ltd - 21st March, 2026 Chemical Sector Update: Middle East Disruption Triggers Cost Shock for Indian Chemical Sector Capri Global Capital Ltd - Capri Global’s Gold Loan Branch Visit Note AU Small Finance Bank: The First Graduate from India's SFB Sector 1. India's Rating Agencies: The Only Toll Booth on the Road to a $10 Trillion Economy India's corporate bond market hit a record Rs 53.6 lakh crore outstanding in March 2025, with fresh issuances of Rs 9.9 lakh crore in FY25 alone, the highest ever. Credit rating agencies, unlike most financial services businesses, their competitive position is mandated by regulation, fortified by global parentage, and largely insulated from geopolitical shocks. The SME formalization story, Rs 30 lakh crore credit gap, India's journey from bank-dominated to market-based credit delivery are structural tailwinds that barely register in consensus research on this sector. 2.
cityfalcon.com
Brief Equities Bottom-Up: AAC Tech (2018 HK) - Auto/Thermal/Edge AI and Margin Recovery to Drive Earnings Growth in 2026-27E and more
In this briefing: AAC Tech (2018 HK) - Auto/Thermal/Edge AI and Margin Recovery to Drive Earnings Growth in 2026-27E AIA Group Ltd. (1299 HK) - US$1.7bn buyback a +VE surprise; lift TP to HK$112 Xpeng Inc. (XPEV US/9868 HK) - Mona SUVs, Robot Production as Key in FY26 PICK OF THE WEEK: APL Apollo Tubes Ltd - 21st March, 2026 Capri Global Capital Ltd - Capri Global’s Gold Loan Branch Visit Note 1. AAC Tech (2018 HK) - Auto/Thermal/Edge AI and Margin Recovery to Drive Earnings Growth in 2026-27E AAC's FY25 revenue/net profit (+16%/+40% YoY) are broadly in-line with our/consensus estimates, driven by improving profitability in optics and robust growth in auto/thermal businesses, despite weaker GPM dragged by acoustics margin. During earnings call, mgmt. provided detailed positive 2026 guidance, (16-17% YoY as in 2025, stable GPM), new growth drivers (thermal/auto/XR/AI hardware) and opportunity in AI server thermal M&A, which should ease market concerns on 2026 growth outlook amid smartphone headwinds.
cityfalcon.com
Brief Finance: AIA Group Ltd. (1299 HK) - US$1.7bn buyback a +VE surprise; lift TP to HK$112 and more
In this briefing: AIA Group Ltd. (1299 HK) - US$1.7bn buyback a +VE surprise; lift TP to HK$112 Capri Global Capital Ltd - Capri Global’s Gold Loan Branch Visit Note CPKF: Raising our CPKF 2026 Diluted EPS Estimate by 0.58 to $3.90 Nikkei 225 (NKY INDEX) Tactical Outlook Ahead of Mar 2026 Rebalance / After US Stopped Iran Strikes Turners (TRA) - 2026 Investor Day First Take 1. AIA Group Ltd. (1299 HK) - US$1.7bn buyback a +VE surprise; lift TP to HK$112 AIA delivered broadly in-line FY25 results with VONB growing 15% CER (or 17% AER) to US$5,516mn, while the new US$1.7bn share buyback for FY26 was a positive surprise in addition to US$2.6bn total dividends (+10% YoY). 4Q VONB moderated to US$1.2bn, up 9.7% YoY, slower than a 27% rise in 3Q25 (US$1.48bn). Margin saw a broad-based expansion except in SG (-3.4pct), at 58.5% in the Group level, up 3.6pct YoY, a slight beat vs our estimate (Table), thanks to a favourable product mix in HK (+3.0pct) and TH (+11.4pct) alongside the repricing benefit from mainland China market in 3Q25 (+1.4pct).
cityfalcon.com
Brief Growth Ideas: Xpeng Inc. (XPEV US/9868 HK) - Mona SUVs, Robot Production as Key in FY26 and more
In this briefing: Xpeng Inc. (XPEV US/9868 HK) - Mona SUVs, Robot Production as Key in FY26 PICK OF THE WEEK: APL Apollo Tubes Ltd - 21st March, 2026 Chemical Sector Update: Middle East Disruption Triggers Cost Shock for Indian Chemical Sector Capri Global Capital Ltd - Capri Global’s Gold Loan Branch Visit Note DNOW: Resolution of ERP Issue Could Turn Headwinds into Tailwinds 1. Xpeng Inc. (XPEV US/9868 HK) - Mona SUVs, Robot Production as Key in FY26 Maintain BUY. Xpeng’s 4Q25 net profit beat on R&D service income. We project its sales volume in 2H26E to double HoH despite a weak 1Q26, fuelled by aggressive export plans and 4 new models. We also believe that its mass production of humanoid robots this year could be a positive catalyst for shares. 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. 2. PICK OF THE WEEK: APL Apollo Tubes Ltd - 21st March, 2026 APL Apollo Tubes Limited is India’s largest structural steel tube manufacturer, with an existing production capacity of approximately 5 mtpa.
cityfalcon.com