NBFC AUM likely to hit Rs 32 trn mark by March 2025; Spandana Sphoorty top pickThe dynamic regulatory environment poses manageable challenges, and new product offerings are expected to shape the business mix.
19 Dec, 2023, 11.34 AM IST
Spandana Sphoorty sets 23% medium term growth targetSpandana Sphoorty Financial, a microfinance lender, is aiming to grow at a compounded rate of 23% in the next three-four years, which will ...
12 Dec, 2023, 11.37 AM IST
Spandana Sphoorty shares jump 10%, hit 52-week high post Q4 resultsSpandana Sphoorty Financial's Q4 FY23 net profit increased by 268% to INR 105.55 crore ($14.1m), which boosted the company's shares by almo...
03 May, 2023, 11.10 AM IST
Spandana Sphoorty shares hit 5% upper circuit on sale of stressed loan“The board has approved the transfer of stressed loan portfolio including written-off loans of Rs 323.08 crore outstanding as on September ...
29 Dec, 2022, 11.18 AM IST
IPO-bound Fusion Microfinance plans secured loan arm for SMEsThe IPO-bound Fusion Microfinance, which has been piloting a small business-focused secured lending book, is commercially launching it from...
30 Oct, 2022, 12.42 PM IST
Spandana Sphoorty swings back to black in Sept quarterThe higher delinquencies caused due to Covid-19 pandemic and resignation of the erstwhile managing director have resulted in breach of some...
18 Oct, 2022, 06.32 AM IST
Spandana Sphoorty net profit rises 50% to Rs 75 cr in March-qtrSpandana had informed the stock exchanges about delay in submitting the financial results for the financial year ended March 31, 2022 as it...
11 Jul, 2022, 10.11 PM IST
Add Spandana Sphoorty Financial, target price Rs 460: ICICI SecuritiesSpandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 2547.67 Crore) operating i...
10 Jan, 2022, 10.54 AM IST
Buy Spandana Sphoorty Financial, target price Rs 840: ICICI SecuritiesSpandana Sphoorty Financial Ltd., incorporated in the year 2003, is a Mid Cap company (having a market cap of Rs 4173.75 Crore) operating i...
18 Aug, 2021, 10.29 AM IST
2 bank stocks to buy for next one yearOther than those two, HDFC Bank should always be part of your core portfolio, says Abhimanyu Sofat.
30 Dec, 2020, 09.38 AM IST
Buy Spandana Sphoorty, target price Rs 690: ICICI SecuritiesPromoters held 62.6 per cent stake in the company as of June 30, 2020, while FIIs held 11.6 per cent, DIIs 4.7 per cent and public and othe...
04 Sep, 2020, 11.40 AM IST
Buy Spandana Sphoorty, target price Rs 650: JM FinancialSpandana is expected to deliver RoE of 9 per cent / 13 per cent in FY21/22E.
10 Jun, 2020, 11.51 AM IST
Buy Spandana Sphoorty Financial, target price Rs 620: ICICI SecuritiesAccording to the brokerage, strong pre-provision operating profit (PPoP) margin at 16% and higher contingency buffer would ensure Spandana ...
04 Jun, 2020, 01.01 PM IST
Buy Spandana Sphoorty Financial, target price Rs 800: Yes SecuritiesThe brokerage is positive about profitability/growth normalization in FY22.
04 Jun, 2020, 12.37 PM IST
Growth potential, low NPAs make Spandana a good buyThe promoters will also sell a portion of existing shares worth up to Rs 801 crore.
05 Aug, 2019, 09.04 AM IST
Should you invest in Spandana Sphoorty IPO? Don’t subscribe just for listing gainsThe issue comprises fresh share sale for Rs 400 crore and an OFS for about Rs 800 crore.
04 Aug, 2019, 10.41 AM IST
- Spandana disbursements cross Rs 15,000 cr mark
Micro finance company, Spandana, on Thursday said that it has crossed the cumulative disbursement mark of Rs 15,000 crore.
16 Sep, 2010, 06.37 PM IST