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POONAWALLA HOUSING FINANCE
Time for long-term investors to look at them again? 9 NBFC stocks with upside potential of up to 22%The reason NBFC stocks reacted quickly to the easing of the US-Iran war risk is not difficult to understand. For a lender, macro relief tra...
Q4 earnings roundup: Raymond Realty, MCX among 19 companies that delivered 100%+ growth in sales and PATA select group of 19 large-cap BSE-listed companies achieved triple-digit growth in both profit and revenue during Q4FY26, indicating stron...
Grihum Housing Finance Q4 Results: Net profit rises 24% YoY to Rs 46 croreGrihum Housing Finance Q4 Results, Grihum Housing Finance Q4 earnings, Grihum Housing Finance shares , Grihum Housing Finance, markets news
Arvind Kapil named CEO of Poonawalla FincorpArvind Kapil is currently the group head mortgage banking business at the bank which includes home loans, loans against property (LAP) and ...
Poonawalla Housing rebrands as Grihum, plans listingThe lender has achieved ₹7,500 crore of AUM from ₹5,600 crore as on September 2022. With most customers coming from the lower middle-class ...
Poonawalla Fincorp net profit jumps 5 times to Rs 860 croreProfits were helped by a gain of '2,309 crore due to the sale of Poonawalla Housing Finance to TPG Global LLC, which was approved by the Re...
Poonawalla FinCorp may be a dark horse but it is not the next Bajaj Finance: Digant Haria" We say that the next HDFC is HDFC and similarly, the next Bajaj Finance is Bajaj Finance. Obviously, we cannot expect an encore of the la...
Poonawalla Fincorp sells controlling stake in housing finance arm to Singapore company for Rs 3,004 croreThe Cyrus Poonawalla Group, more known for its vaccine-making business under the Serum Institute, in a statement said the financial conside...
Baring PE Asia looks to pick up stake in Shriram Housing FinanceShriram Housing Finance had assets under management (AUM) of Rs 7,200 crore at the end of December. Baring PE Asia had previously been amon...
Poonawalla Fincorp: 4 reasons it is this week's stock pickHousehold spending on essential categories and services is expected to more than double by 2030, leading to a rise in demand for loans, whi...
Poonawalla Fincorp well capitalised to touch Rs 50,000 cr AUM in 5 years"Going forward, we will only focus on organic growth in our current and proposed line of business. We will continue to build a strong retai...
Poonawalla Housing Finance to be sold to Perseus SG Pte Ltd for Rs 3,900 croreThe decision was in line with the company's plan to focus on consumer & MSME financing. The Poonawalla Fincorp board approved the deal Wedn...
Poonawalla Fincorp to sell housing fin arm to TPG Global for Rs 3,900 croreThe sale of the business is expected to enhance shareholders’ value in the long term, as Poonawalla Fincorp focusses on building a tech-led...
Poonawalla Fincorp disbursals rise by 44% to Rs 3,720cr in Jul-SepTotal disbursements were Rs 3,720 crore on a consolidated basis in the year-ago quarter. Sequentially, disbursements rose by 8 per cent in ...
Poonawalla Fincorp climbs over 3% as CARE upgrades its rating to AAAThe scrip was trading 3 per cent higher at Rs 316 over its previous day’s trading price of Rs 306 apiece. The stock has risen about 42 per ...
Vijay Deshwal joins Poonawalla Group acquired Magma Fincorp as Group CEOVijay Deshwal, a post-graduate from Indian Institute of Management Ahmedabad (IIMA) is a seasoned banker with a track record of two decades...
Magma Fincorp shareholders approve Rs 3,456 cr share issue to promoters, Poonawalla coMagma Fincorp operates in retail finance, SME finance, housing finance and general insurance business. It has been catering for three decad...
Adar Poonawalla group firm makes open offer to buy additional stake in Magma FincorpEarlier this month, the Poonawalla Group and Magma Fincorp announced that the group will acquire a controlling 60 per cent stake in the com...
Magma Fincorp to seek shareholders nod in March for Rs 3,206 cr deal with PoonawallaAn extraordinary general meeting (EOGM) of the members of Magma Fincorp will be held on Tuesday, March 9, 2021.
Adar Poonawalla to own Magma FinCorp via equity infusionThe preferential allotment is for an aggregate value of Rs. 3,456 crores, subject to shareholders’ and other regulatory approvals, the comp...