LIC Housing Finance expected to post Rs 5,000 crore profit in FY24: CEO | Company News

LIC Housing Finance expected to post Rs 5,000 crore profit in FY24: CEO |  Company News

Insurance giant LIC’s mortgage arm LIC Housing Finance is expecting a net profit of Rs 5,000 crore in the current financial year due to strong loan demand and expansion in non-core business. Tribhuvan Adhikari, managing director and CEO of LIC Housing Finance, said the non-core business includes loan against property (LAP) and affordable housing finance. […]

Carvana (CVNA) Stock Rises on 2023 Profit, Analyst Upgrades

Carvana (CVNA) Stock Rises on 2023 Profit, Analyst Upgrades

Vehicles are displayed at a Carvana dealership in Austin, Texas on February 20, 2023. Brandon Bell | getty images CARVANA Shares rose 30% Friday morning after it posted its first annual profit and received a pair of upgrades from Wall Street analysts. The used car retailer is cutting inventory and expenses as it recovers from […]