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Poonawalla Fincorp
POONAWALLA
NSE
BSE
NSEBSESectorFinancial Services
465.10
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About the company
Poonawalla Fincorp Limited, formerly known as Magma Fincorp Limited, is a publicly held non-banking finance company headquartered in Kolkata, India. The company provides asset finance and housing services through a pan-India branch network. It offers various financial products including commercial vehicle finance, construction equipment finance, car and utility vehicle finance, tractor finance, small and medium enterprise loans, and insurance. The company operates 85 branches across 19 states in India. Poonawalla Fincorp focuses on consumer and MSME financing, offering services such as pre-owned car finance, personal loans, loans to professionals, business loans, loans against property, supply chain finance, machinery loans, medical equipment loans, and consumer loans. In 2021, Rising Sun Holdings Private Limited acquired a controlling stake in the company, leading to its rebranding under the Poonawalla name.
In the news
Stocks to Buy Today: Poonawalla Fincorp, Oberoi Realty, Havells India
Poonawalla Fincorp approves ₹200 cr Tier II NCD issue via private placement
Top 10 stocks rated 'Buy' with 19-68% returns potential
Jefferies raises targets for Poonawalla Fincorp, power stocks
Poonawalla Fincorp's Strategic Transformation Under New Leadership
Poonawalla Fincorp faces valuation test despite strong growth
Poonawalla Fincorp shares surge 6% on strong Q4 profit growth
Poonawalla Fincorp Q4 profit jumps 70% to ₹255 crore
Poonawalla Fincorp launches AI platform for 80% customer automation
Poonawalla Fincorp raises ₹2,500 cr via QIP at ₹370.75/share
Poonawalla Fincorp completes ₹2,500 cr QIP with strong institutional support
Poonawalla Fincorp raises ₹2,500 cr via QIP at ₹370.75/share
Poonawalla Fincorp launches ₹2,500 cr QIP at ₹370.75 price
Poonawalla Fincorp AUM hits ₹60,325 crore, stock falls 0.89%
Stocks to Watch: Dabur India, Poonawalla Fincorp, ACME Solar
UBS sees 40% upside in Poonawalla Fincorp shares
Poonawalla Fincorp picks Jefferies, Kotak for ₹5,500 cr raise
Poonawalla Fincorp Launches 5 AI Solutions; Stock Flat at ₹407.90
Poonawalla Fincorp Surges on Stellar 77% AUM Growth