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JM Financial expects second COVID wave to impact income, liquidity position

12 May 2021 Evaluate

JM Financial is expecting that the challenges posed to the economy due to the second wave of the COVID-19 pandemic may impact its income, liquidity position as well as demand for its financial products. On account of the uncertainties around COVID-19, the financial services firm's total provisions by March 2021 stood at Rs 383 crore.

JM Financial is an integrated financial services group offering a wide range of capital market services to its corporate and individual clients.

Peers
Company Name CMP
Bajaj Finserv 1839.60
TVS Holdings 12760.40
Cholamandalam Fin. 1511.75
Altius Telecom Infra 175.50
Kama Holdings 2250.50
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