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POONAWALLA FINCORP NEWS
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...
Jio Financial, ITC Hotels and Manappuram Finance among stocks bought and sold by mutual funds in AprilMutual funds injected Rs 30,600 crore into Indian equities in April, with significant buying in ICICI Bank, SBI, and Sun Pharma. Key reduct...
Stocks in news: Paytm, Bajaj Auto, L&T, Bharti Airtel, Hero MotoCorpMarkets closed lower amid global headwinds and geopolitical worries. Several companies like Paytm, Bajaj Auto, and L&T are in focus due to ...
Poonawalla Fincorp raises Rs 2,500 crore via QIPIn a remarkable move, Poonawalla Fincorp has secured ₹2,500 crore through a strategic qualified institutional placement. The company offere...
Stocks in news: RIL, TCS, IDFC First Bank, BPCL, SpiceJetIndian equity markets saw profit booking on April 9, ending a five-day rally. Several companies like RIL, TCS, and IDFC First Bank are in f...
Poonawalla Fincorp shares rally 6%, hit fresh 52-week high after strong Q2 numbersPoonawalla Fincorp shares surged following a strong Q2 FY26 business update. The company reported Assets Under Management of Rs 47,625 cror...
Poonawalla Fincorp shares in focus after Q4 profit plunges 81% YoY; NII rises 12%Poonawalla Fincorp reported an 81% YoY decline in Q4FY25 net profit to Rs 62.33 crore, impacted by a sharp rise in expenses. However, net i...
Buy Poonawalla Fincorp, target price Rs 535: JM FinancialPoonawalla Fincorp Ltd., incorporated in the year 1978, is a Small Cap company (having a market cap of Rs 31123.76 Crore) operating in NBFC...
Buy Poonawalla Fincorp, target price Rs 580: Motilal OswalPoonawalla Fincorp Ltd., incorporated in the year 1978, is a Small Cap company (having a market cap of Rs 37189.42 Crore) operating in NBFC...
Buy Poonawalla Fincorp, target price Rs 541: Axis SecuritiesCompany has reported net profit after tax of Rs 860.23 Crore in latest quarter.
Poonawalla Fincorp Q4 Results: PAT jumps 103% YoY to Rs 181 crore, dividend declared of Rs 2/shareThe Board of Poonawalla Fincorp has recommended a dividend of Rs 2 per share (100% of face value) for FY23, subject to shareholders’ approv...
Poonawalla Fincorp shares climb 6% after Q3 profit jumps 88% YoYThe company's return on assets (RoA) also surged to the highest-ever, at 4.50%, in the third quarter of 2022, a press release said. This ma...
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...
This multibagger NBFC stock is seen as a re-rating candidate: ICICI SecuritiesSharp business execution, improved market positioning in focused product segments, business scale-up through diversified and granular portf...
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 rises over 4% after AUM grows 21% in Q2FY23The company further said that its consolidated AUM grew by 21% YoY and 5% QoQ to approximately Rs 18,550 crores as of 30th September 2022, ...
Abhay Bhutada hasn't done anything as per lawyers, says Adar PoonawallaEarlier, Sebi barred Bhutada and seven other entities from the securities market for insider trading. The regulator also ordered impounding...
Poonawalla Fincorp slides further 5% on MD’s resignationAbhay Bhutada resigned from the non-banking finance company (NBFC) a day after the Securities and Exchange Board of India (Sebi) barred him...
Poonawalla Fincorp to ride rating upgrade to cut costs, scale upLast month, Care upgraded Poonawalla Fincorp's rating by two notches to AA+ largely on account of improvement in the company's capital base...
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...