Searched for
POONAWALLA FINCORP RESULTS
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...
Small & midcaps tumble! Hindustan Copper, Devyani, PI Industries, other stocks fall up to 7%Smallcap and midcap stocks came under pressure on Wednesday as broader markets weakened amid a record low rupee, elevated bond yields, and ...
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...
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 Q4 results: Profit jumps 70% QoQ to Rs 255 crorePoonawalla Fincorp reported a sharp profit rise driven by margin expansion, higher income, and improved asset quality. AUM crossed Rs 60,00...
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 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...
Poonawalla Fincorp Q4 results: Soaring expenses trigger 81% YoY plunge in PAT, NII up 12%Poonawalla Fincorp reported an 81% YoY decline in Q4FY25 net profit to ₹62.33 crore due to a sharp rise in expenses. Despite this, the comp...
Poonawalla Fincorp Q2 Results: NBFC slips into red with loss of Rs 471 crore as personal loan provision multipliesThe company posted a loss of Rs 471 crore in the September 2024 quarter, a sharp reversal from a profit of Rs 860 crore a year earlier, dri...
Unsecured loans in focus, fintechs see NBFC credit taps drying upLarge NBFCs like Aditya Birla Finance and Poonawalla Fincorp have informed the fintech startups they do business with that they will no lon...
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...
Fundamental Radar: This NBFC multibagger could hit fresh record highs in 2023; time to buy?Post-acquisition of Magma Fincorp, the Poonawalla group has strengthened its leadership team, accompanied by reorientation of the customer ...
Adar Poonawalla effect! Multibagger midcap stock rallies over 700% in 2 yearsDomestic brokerage JM Financial, which initiated coverage on the stock with a Buy rating, values the stock at 4x Sep’24e P/BV to arrive at ...
Buy Poonawalla Fincorp, target price Rs 400: JM FinancialPoonawalla Fincorp Ltd., incorporated in the year 1978, is a Small Cap company (having a market cap of Rs 23235.75 Crore) operating in NBFC...
Poonawalla Fincorp's net profit jumps 153% to Rs 96 crIts total income during July-September 2021, however, fell nearly 15 per cent to Rs 513 crore, against Rs 603 crore in the year-ago period,...
CCI approves Rising Sun Holdings’ acquisition of 60% stake in Magma FincorpAccording to a combination notice filed with the regulator, the transaction involves acquisition of 60 per cent stake by Rising Sun Holding...
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-led Rising Sun Holdings notifies CCI of Magma Fincorp DealThe deal which involves the preferential allotment of shares worth Rs 3,206 crore, would give RSHPL a controlling stake in the non-banking ...
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.