Wednesday , 22 March 2023
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Poonawalla Fincorp trades higher on the BSE

Poonawalla Fincorp trades higher on the BSE

Poonawalla Fincorp is currently trading at Rs. 281.95, up by 3.20 points or 1.15% from its previous closing of Rs. 278.75 on the BSE.

The scrip opened at Rs. 278.05 and has touched a high and low of Rs. 283.50 and Rs. 275.00 respectively. So far 43194 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 343.75 on 13-Apr-2022 and a 52 week low of Rs. 209.15 on 20-Jun-2022.

Last one week high and low of the scrip stood at Rs. 302.30 and Rs. 275.00 respectively. The current market cap of the company is Rs. 21578.94 crore.

The promoters holding in the company stood at 62.05%, while Institutions and Non-Institutions held 11.76% and 26.19% respectively.
Poonawalla Fincorp has launched the ‘Kya se Wah’ campaign. With this campaign, the company aims to help MSMEs and practising professionals like Doctors, Chartered Accountants, Company Secretaries, upgrade their scale in a stress-free manner.

The campaign has 2 short films, which highlight the issues of small businesses and professionals and how Poonawalla Fincorp can fulfil their financial needs by helping them transform their business or practice. The campaign leverages light-hearted humour to engage with the audience. It also establishes the fact that the entire loan approval process with Poonawalla Fincorp is digital and how it helps MSMEs, and professionals achieve more.

Poonawalla Fincorp (Formerly known as Magma Fincorp) is a non-deposit taking systemically important non-banking finance Company (ND-SI-NBFC), registered with the Reserve Bank of India (RBI).