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In volatile times: 5 stocks with score improvement and upside potential of up to 24%There are reasons to expect more volatility in the short term. The Street will adjust to the likely decline of both the top and bottom line...- Promoter Rising Sun Holdings buys 0.5% stake in Poonawalla Fincorp for Rs 200 crorePromoter Rising Sun Holdings Pvt Ltd has acquired a 0.5% stake in Poonawalla Fincorp for around Rs 200 crore through the open market on Wed...
- Sebi fines Abhijit Pawar Rs 10 lakhs for alleged insider tradingA preliminary examination by Sebi revealed that Magma had made an announcement on February 10, 2021 on stock exchanges regarding the acquis...
- Poonawalla Fincorp trumps Federal Bank in market valuationAdar Poonawalla-led Poonawalla Fincorp closed at ₹348.15 apiece on the BSE on Wednesday, up 0.61% from the previous close. Shares of Kochi-...
- This Adar Poonawalla-backed NBFC becomes D-Street’s ‘darling’; can the tag last long?The number of mutual funds holding the stock in their portfolio has doubled since May, data on Trendlyne showed. Aditya Birla Sun Life Smal...
- Hot Stocks: Brokerages on Sun Pharma, Poonawalla Fincorp and Greaves CottonBofA Securities maintained buy rating on Sun Pharma with a target price of Rs 1030. The stock closed at Rs 879 on 26 August. There is some ...
- Sebi bars Poonawalla Fincorp MD, 7 others from dealing in securitiesThe regulator has impounded the bank accounts of these individuals to the extent of Rs 13.58 crores.
- Adar Poonawalla on why he is buying Magma FincorpThere is a huge growth potential in financial space over the next decade if not longer in India.
- Nearly half MSMEs witness 20-50% impact on earnings due to COVID-19 pandemic: SurveyThe findings are based on responses from 14,444 MSMEs. The survey, conducted in the second half of May 2020, focussed on the financial impa...
- As NBFC disbursements to auto sector slump, used vehicles pick up slackSubdued demand for new products is being offset by the sale of used vehicles, experts said.
- Farm loan waivers may hurt NBFCsValuations of some players set to come under strain as recovery of loans has already started getting delayed.
- Magma Fincorp net down 17% on shrinking businessThe company expects to grow disbursal in the second half of the fiscal and start building the asset under management again, with normal mon...
- Magma Fincorp sees 30 per cent loan growth, NIM improvement in FY14Magma Fincorp today said it hopes to grow its loan book by around 30 per cent in the ongoing financial year.
- Magma Fincorp's Q3 FY13 earnings better than expectedMagma Fincorp's performance in the quarter ended December was better than expected driven by robust growth, healthy margins and stable asse...
- Magma Fincorp eyes 3-4 pc business from gold loans in 3 yearsMagma Fincorp hopes that its gold loan biz will add around 3-4 pc of the earnings in next three years, a top company official has said.
- Magma Fincrop Q1 net up 93 per centMagma Fincorp saw 93% growth in PAT to Rs 33.02 crore in the first quarter of the financial year due to increase in disbursements.
- Magma Fincorp Q1 net profit rises to Rs 31 croreMagma Fincorp Ltd today reported a net profit of Rs 31.05 crore (after minority interest) for the first quarter of 2012-13.
- Magma Fincorp Q3 net dips 57.5% to Rs 14 cr; total income upNet profit stood at Rs 32.68 crore in the same period last year. However, total income saw a 23.5 per cent rise to Rs 278.22 crore during t...
- Magma Fincorp's Q4 PAT rises 69% to Rs 44.93 crNon-banking finance company Magma Fincorp Ltd today said its consolidated profit after tax grew 69.86 per cent to Rs 44.93 crore for the fo...
- Magma Q4 net rises 256 pc to Rs 26.45 crMagma Fincorp on Monday said its net profit jumped over three-fold to Rs 26.45 crore in the last quarter of 2009-10.
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