India, March 2 -- India's NBFC sector plays a vital role in financial inclusion, powering retail, MSME, and underserved lending with speedy credit delivery. In FY2026, assets under management are projected to hit Rs48-50 lakh crore, growing 15-17% YoY amid strong consumption demand. NBFCs command 18-19% of total credit market share, outpacing banks in growth.

With a market capitalisation of Rs 36,628.33 crore, the shares of Poonawalla Fincorp Ltd were trading at Rs 450.65 per share, decreasing around 0.88 percent as compared to the previous closing price of Rs 454.65 apiece.

Brokerage Recommendations UBS has initiated a bullish stance on the NBFC stock, assigning a 'Buy' rating with a target price of Rs640. This implies a potential upsi...