FIVESTAR

March 17 (Reuters) - Five-Star Business Finance Ltd FIVS.NS:

• APPROVES ISSUANCE OF NCDS AGGREGATING UPTO 40 BILLION RUPEES

Source text: ID:nBSEwxrkb

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March 11 (Reuters) - Five-Star Business Finance Ltd FIVS.NS:

• TO CONSIDER NCD ISSUANCE

Source text: ID:nBSEbfSm20

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Jan 31 (Reuters) - Five-Star Business Finance Ltd FIVS.NS:

• FIVE-STAR BUSINESS FINANCE DEC-QUARTER PROFIT 2.74 BILLION RUPEES

• FIVE-STAR BUSINESS FINANCE DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 7.27 BILLION RUPEES

Source text: ID:nBSE9gFNJ7

Further company coverage: FIVS.NS

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Oct 29 (Reuters) - Five-Star Business Finance Ltd FIVS.NS:

• SEPT-QUARTER PROFIT 2.68 BILLION RUPEES

• SEPT-QUARTER TOTAL REVENUE FROM OPERATIONS 7.02 BILLION RUPEES

Source text: ID:nBSE5nJ7f7

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July 31 (Reuters) - Five-Star Business Finance Ltd FIVS.NS:

• FIVE-STAR BUSINESS FINANCE JUNE-QUARTER PROFIT 2.52 BILLION RUPEES

• FIVE-STAR BUSINESS FINANCE JUNE-QUARTER TOTAL REVENUE FROM OPERATIONS 6.66 BILLION RUPEES

Source text for Eikon: ID:nNSE5FXq62

Further company coverage: FIVS.NS

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** Shares of Five-Star Business Finance FIVS.NS up 3.6% at 748.1 rupees

** Rise after brokerage Motilal Oswal initiates coverage on stock with "Buy", PT of 950 rupees

** PT is second highest among eight brokerages covering the stock, their median PT is 915 rupees, avg. rating is "Buy"

** The non-banking financial co's market share of 20% suggests it can continue to gain more share over medium term through branch expansions - Motilal

** Expects co to command premium valuations compared to its peers, on ability to deliver strong return on assets, niche market position, superior underwriting practices

** Sees co's loan against property segment to deliver combination of healthy growth and strong profitability

** Stock up 1.8% so far this year

(Reporting by Manvi Pant in Bengaluru)

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MUMBAI, April 19 (Reuters) - India's Five-Star Business Finance has accepted bids worth 5 billion rupees ($59.87 million) for bonds maturing in four years, three bankers said on Friday.

It will pay a coupon of 9.40% and had invited commitment bids for the issue on Thursday, they said.

Here is the list of deals reported so far on April 19:

*Size includes base plus greenshoe for some issues

($1 = 83.5175 Indian rupees)

(Reporting by Dharamraj Dhutia; Editing by Mrigank Dhaniwala)

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MUMBAI, April 16 (Reuters) - India's Five-star Business Finance plans to raise 5 billion rupees ($11.98 million) through the sale of bonds maturing in four years, three bankers said on Tuesday.

It will pay a coupon of 9.4% and has invited commitment bids for the issue on Thursday, they said.

Here is the list of deals reported so far on April 16:

*Size includes base plus greenshoe for some issues

($1 = 83.4975 Indian rupees)

(Reporting by Bhakti Tambe; Editing by Janane Venkatraman

)

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** Nomura retains cautious stance on Indian non-bank financial cos (NBFCs) going into FY25, citing growth moderation due to headwinds including compliance-related regulatory actions

** Expects NBFCs to be forced to slow down loan growth in medium term after RBI increases risk weight on unsecured loans to limit rapid growth in the segment

** Adds in unsecured consumer durable and credit card loans and in secured loans such as auto and home, NBFCs are losing market share to banks due to increased competitive intensity

** Expects asset quality to largely remain stable, barring for firms who have grown aggressively in unsecured loans in last 1-2 years

** Nomura prefers Shriram Finance SHMF.NS and Five-Star Business Finance FIVS.NS in the sector, while it remains negative on SBI Cards and Payment Services SBIC.NS and Mahindra and Mahindra Financial Services MMFS.NS

** As of YTD, SHMF up 15.6%, while MMFS, SBIC and FIVS down between 1% and 13%

(Reporting by Rama Venkat in Bengaluru)

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Feb 29 (Reuters) - Five-Star Business Finance Ltd FIVS.NS:

• APPROVED ISSUANCE OF NON-CONVERTIBLE DEBENTURES AGGREGATING UPTO 25 BILLION RUPEES

• APPROVED ISSUE OF NON-CONVERTIBLE DEBENTURES THROUGH PRIVATE PLACEMENT

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Feb 20 (Reuters) - Five-Star Business Finance Ltd FIVS.NS:

• TO CONSIDER ISSUANCE OF NON - CONVERTIBLE DEBENTURES THROUGH PRIVATE PLACEMENT

Source text for Eikon: ID:nBSE1d8V0C

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Feb 1 (Reuters) - Five-Star Business Finance Ltd FIVS.NS:

• DEC-QUARTER PROFIT 2.17 BILLION RUPEES VERSUS 1.51 BILLION RUPEES

• DEC-QUARTER TOTAL REVENUE FROM OPERATIONS 5.67 BILLION RUPEES VERSUS 3.87 BILLION RUPEES

Further company coverage: FIVS.NS

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** Shares of non-banking finance co Five-Star Business Finance FIVS.NS down as much as 3.58% to 729.45 rupees

** Stock hits sharpest intraday pct loss since Nov. 28

** Around 22.9 mln shares changed hands in two block deals in range of 730 rupees-733.8 rupees a share

** Buyers and sellers of blocks are not immediately known

** Stock logs record busiest trading session; overall 24.2 mln shares changed hands, 86.8x 30-day avg

** Investors including Peak XV Partners, TPG and Matrix Partners are planning to sell part of their stake in FIVS via block deal, Moneycontrol reported citing sources

** The investors and FIVS did not immediately respond to Reuters' requests for comment

** Stock last down 1.4%, trimming YTD gains to over 20%

(Reporting by Manvi Pant in Bengaluru)

(([email protected]; +918447554364;))

Oct 31 (Reuters) - Five-Star Business Finance Ltd FIVS.NS:

• INDIA'S FIVE-STAR BUSINESS FINANCE SEPT-QUARTER PROFIT 1.99 BILLION RUPEES VERSUS 1.44 BILLION RUPEES

• FIVE-STAR BUSINESS FINANCE SEPT-QUARTER REVENUE FROM OPERATIONS 5.04 BILLION RUPEES VERSUS 3.57 BILLION RUPEES

Source text for Eikon: ID:nBSEDrJGN

Further company coverage: FIVS.NS

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** Shares of Five-Star Business Finance FIVS.NS fall as much as 4.8% to 729 rupees

** Over 1.5 mln shares change hands in eight separate block deals in the 729-739 rupees apiece range as of 10:01 a.m. IST -Refinitiv

** Private equity investors likely to sell about 8.8% stake in FIVS via block deal, CNBC-TV18 reports, citing sources

** FIVS did not immediately respond to Reuters' request for comment

** Trading vol over 3.5 mln shares as of 10:13 a.m. IST, 6.2x the 30-day moving avg

** All five analysts tracking stock rate it "buy" or higher; median PT is 840 rupees - Refinitiv data

** As of last close, stock up ~25% this year

(Reporting by Kashish Tandon in Bengaluru)

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** Shares of non-banking finance company Five Star Business Finance FIVS.NS up as much as 13.1%, hitting a record high of 819.7 rupees

** Stock posts biggest intraday pct gain since Dec. 6, 2022

** Co's profit for the June qtr rose 31.2% to 1.84 bln rupees ($22.37 mln), while interest income jumped 38.3% to 4.64 bln rupees

** Stock on track for sixth consecutive session of gains, if trends hold

** More than 1.3 mln shares change hands by 11:46 a.m. IST, 3.7x the 30-day moving avg

** As of last close, stock up 18% YTD

($1 = 82.2610 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))

** Shares of non-banking finance firm Five-Star Business Finance Ltd FIVS.NS rise as much as 7.6% to 645 rupees, highest since Jan. 9

** Analysts at Nomura initiates coverage with 'buy' rating on stock and target price of 750 rupees

** Estimates FIVS to deliver 30% AUM CAGR during FY23-26 driven by opportunities in MSME, small business loans, expansion with new branches, increase in fleet and ticket size - Nomura

** Brokerage says co's strong underwriting practices have led to superior asset quality performance through cycles

** Stock trading above its 50- and 100-day moving averages, suggesting bullish bias

** Relative Strength Index (RSI) above 70, indicating stock is overbought

** Stock up ~28% since its market debut in November last year

(Reporting by Biplob Kumar Das in Bengaluru)

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May 9 (Reuters) - Five-Star Business Finance Ltd FIVS.NS:

• MARCH-QUARTER PROFIT 1.69 BILLION RUPEES VERSUS 1.18 BILLION RUPEES

• MARCH-QUARTER INTEREST INCOME 4.23 BILLION RUPEES VERSUS 3.14 BILLION RUPEES

Source text for Eikon: [ID:]

Further company coverage: FIVS.NS

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