Poonawalla Fincorp share price target: Q2 result rally fades as brokerages split - MOFSL sees 27% upside, Emkay chips in
New Delhi, Oct. 12 -- Poonawalla Fincorp share price target: Poonawalla FIncorp share price pared its gains in the second half of Monday's trading session as the initial euphoria over the company's Q2 results faded. The Non Banking and Financial Services (NBFC) stock rallied nearly 8% earlier in the day.
As Poonawalla Fincorp retreated from its intraday high level, brokerages gave split verdict on the NBFC stock, with Emkay Global Financial Services seeing 8% downside risk. Whereas, Motilal Oswal Financial Services Limited (MOFSL) sees 27% upside potential.
Motilal Oswal gave a 'Buy' rating for the stock with a target price of Rs.570 per share. "We model ~44% AUM CAGR and ~120% PAT CAGR over FY26-FY28E and expect PFL to deliver RoA/RoE ...
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