NBFC Stock Jumps 4% After Reporting 391% YoY Increase in Net Profit
Bengaluru, July 20 -- which specializes in consumer and MSME (Micro, Small, and Medium Enterprises) financing, are in the spotlight following their strong Q1 results.
With a market capitalization of Rs. 41,295.39 crores in the day's trade, the shares of Poonawalla Fincorp Ltd jumped upto 4.3 percent, making a high of Rs. 498.50 per share compared to its previous closing price of Rs. 477.85 per share.
What happened
Poonawalla Fincorp Ltd, engaged in consumer and MSME (Micro, Small, and Medium Enterprises) financing, is in focus following their Q1 results as follows. Poonawalla Fincorp delivered a strong Q1FY27 performance, driven by healthy growth across key business parameters and improved profitability. The company's Assets Under Mana...
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