India, Jan. 19 -- The shares of this company, which is a non-deposit-taking NBFC registered with the RBI and is engaged in providing consumer and MSME financing, as well as general insurance services, had its shares in momentum today following the company reporting its Q3 results with robust performance.
With the market cap of Rs 37,925 crore, the shares of Poonawalla Fincorp Ltd have gained about 6% and reached a high at Rs 492.50, compared to their previous day's closing price of Rs 464. The shares are trading at a PE of 108, whereas its industry PE is at 21.5, and the shares have given a return of more than 950% over the last 5 years.
Q3 Result highlights
Poonawalla Fincorp Ltd had a strong and steady quarter on the revenue front. Ne...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.