Sammaan Capital reported nearly 55% quarter-on-quarter growth in Q4 disbursements, according to latest financial results. The non-banking finance company's healthy business update for the December quarter triggered a positive market response, with the stock jumping to an intraday high of ₹138.75 in Monday's trading session. However, the stock later pared gains and was quoted 0.5% higher at ₹133.10 in mid-noon deals as of 12.55 PM.
The stock witnessed significantly increased trading activity following the positive announcement. As reported by Business Standard, the counter saw trades of around 4.68 lakh shares as against the two-week average volume of around 2.88 lakh shares on the BSE. At current levels, the stock trades around 28-week lows, with the last quoted price around ₹133 in the last week of March 2026. The stock has shed 31% from its June high of ₹192.34.
Brokerage firm Ventura Securities has initiated coverage on the stock with a 'BUY' rating and a price target of ₹377.70 per share over the next 24 months, as reported by Business Standard. This implies a potential upside of around 183% from current levels. The brokerage believes that Sammaan Capital has moved past its distressed phase into what they view as an early-stage re-rating opportunity, where strengthening profitability, IHC-led capital and governance support, and improving asset quality together underpin the investment case.
According to Business Standard reports, profit after tax (PAT) is projected to swing from a loss of ₹7,598.30 crore to a profit of ₹3,706 crore by FY29E, marking the company's return to sustainable earnings. This represents a significant financial turnaround for the NBFC. The brokerage firm's analysis suggests that the company has moved beyond its distressed phase into what they characterize as an early-stage re-rating opportunity.
