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Poonawalla Fincorp Shares Today: Shares of Poonawalla Fincorp Ltd rallied 11 per cent in Thursday’s intra-day trade to hit a fresh 52-week high of Rs 494.75 on the BSE. The surge came after the company’s board approved an equity infusion of Rs 1,500 crore from its promoter, Rising Sun Holdings.

The non-banking finance company (NBFC), part of the Cyrus Poonawalla Group, surpassed its previous high of Rs 483.35 touched on July 4, 2025, and was trading close to its record high of Rs 519.95 logged on January 19, 2024. Trading volumes spiked five-fold, with a combined 9.24 million shares changing hands on the NSE and BSE till 09:40 am.

On September 17, the board approved the allotment of 33.15 million equity shares at Rs 452.51 per share (including premium of Rs 450.51) aggregating to Rs 1,500 crore to promoter group entity Rising Sun Holdings.

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Poonawalla Fincorp, a non-deposit taking systemically important NBFC registered with the RBI, reported assets under management (AUM) of Rs 41,273 crore as of June 2025. The company offers loans across retail and business segments, including pre-owned car finance, prime personal loans, loans for professionals, gold loans and education loans.

The management has guided for 35–40 per cent AUM growth in FY26, ahead of its current forecasts. Net interest margins (NIMs) are expected to rebound to around 9 per cent within the next three to four quarters as the portfolio shifts toward higher-yield products.

Motilal Oswal Financial Services (MOFSL) said Poonawalla Fincorp showed strong AUM and disbursement growth in the latest quarter, although earnings were impacted by higher credit costs. The brokerage has reiterated its ‘Buy’ call with a target price of Rs 520 (based on 3.5x Mar’27E BVPS), citing the company’s strong promoter backing and improving asset mix.

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Senior Sub-editor at Zee Business English

shweta.shukla@India.com

Shweta Birendra Shukla is a journalist covering the stock market and corporate affairs, with prior stints at Business ...LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.