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NSE:POONAWALLA

4 stories mentioning NSE:POONAWALLAUpdated 22d ago

Every FINWIRES story that references NSE:POONAWALLA, newest first.

Asia

Jefferies Adjusts Poonawalla Fincorp's Price Target to INR560 From INR490, Keeps at Buy

Poonawalla Fincorp (NSE:POONAWALLA, BOM:524000) has an average rating of hold and mean price target of 507.56 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:524000NSE:POONAWALLA
Asia

Poonawalla Fincorp's Consolidated Profit Balloons in Fiscal Q4; Shares Up 3%

Poonawalla Fincorp's (NSE:POONAWALLA, BOM:524000) consolidated attributable profit surged to 25.5 billion Indian rupees in the fiscal fourth quarter ended March from 623.3 million rupees a year ago.Earnings per share climbed to 3.14 rupees from the year-ago figure of 0.81 rupees, according to a Tuesday filing to the Indian stock exchanges by the financial services provider.Revenue from operations in fiscal Q4 jumped to 21.2 billion rupees from 11.7 billion rupees a year earlier.Shares of the company rose nearly 3% in Wednesday's trade.

BOM:524000NSE:POONAWALLA
Asia

Poonawalla Fincorp Raises INR1.55 Billion Through Debenture Allotment

Poonawalla Fincorp (NSE:POONAWALLA, BOM:524000) has raised 1.55 billion Indian rupees through the allotment of non-convertible debentures on a private placement basis, according to a Friday filing to the Indian stock exchanges.The company allotted 15,500 unsecured, redeemable, rated, listed, subordinated non-convertible debentures of a face value of 100,000 rupees each. The base issue size is 1.50 billion rupees with a green shoe option to retain oversubscription of 50 million rupees.The debentures carry a coupon rate of 8.43% per annum and are scheduled to mature on April 24, 2036. They are proposed to be listed in the debt market segment of the BSE.The company's shares were down nearly 2% in recent trade.

BOM:524000NSE:POONAWALLA
Asia

Poonawalla Fincorp Gets Board Nod to Issue Up To INR2.5 Billion Through Debenture Allotment

Poonawalla Fincorp (NSE:POONAWALLA, BOM:524000) has received board approval to raise up to 2.50 billion Indian rupees through the issue of non-convertible debentures on a private placement basis, according to a filing to the Indian stock exchanges on Tuesday.The company plans to issue 25,000 unsecured, redeemable, rated, listed, subordinated non-convertible debentures, constituting capital of face value of 100,000 rupees each. It will have a base issue of 1.50 billion rupees and a green shoe option to retain oversubscription up to 1 billion rupees.The debentures are proposed to be listed on the BSE.The company's shares were up over 1% in recent trade.

BOM:524000NSE:POONAWALLA

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