Archive · 28 Jul 2025
Poonawalla Fincorp Share Price Jumps Despite Market Sell-Off
Poonawalla Fincorp, a financial company, saw its stock price jump recently even though the overall stock market was down.
This is partly because the company is getting a big investment from its owner, around ₹1,500 crore.
They plan to grow their business by more than 40% by offering more loans, including gold loans.
The company's assets under management also grew a lot last quarter.
While profits decreased due to expenses, the company is optimistic about future growth.
Poonawalla Fincorp shares rose over 6% on Monday.
The company's stock experienced heavy buying despite a weak Indian stock market.
The company's promoter will infuse ₹1,500 crore via equity.
Poonawalla Fincorp targets over 40% growth in its asset book.
AUM grew 53% to ₹41,273 crore in Q1 FY26.
- Who
- Poonawalla Fincorp
- What
- Poonawalla Fincorp's share price increased by over 6%.
- When
- Monday, during Q1 FY26.
- Where
- On the BSE.
- Why
- Due to promoter's capital infusion and the aim for over 40% AUM growth.
- Share Price Increase
- Over 6%
- Promoter Infusion
- ₹1,500 crore
- AUM Growth Target
- Over 40%
- AUM Q1 FY26
- ₹41,273 crore
- Net Profit Q1 FY26
- ₹63 crore
