Poonawalla Fincorp shares down 15% in a year, will strong Q2 results boost the stock? Buy, sell or hold ? Experts' views
New Delhi, Oct. 11 -- Poonawalla Fincorp shares will be in focus on Monday, 12 October, following the non-banking financial company's (NBFC) September-quarter results, announced on Friday, 9 October. The company reported a sharp increase in profitability, but analysts remain divided on the stock's outlook, setting up a potential debate for investors: Is the earnings recovery enough to drive a sustained rebound in the share price?
Poonawalla Fincorp reported a nearly five-fold year-on-year jump in consolidated profit for Q2 FY27, supported by higher interest income, strong assets under management (AUM) growth and improving asset quality. While Motilal Oswal Financial Services reiterated its 'Buy' rating with a target price of Rs.570, Emka...
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