Poonawalla Fincorp Share Price: Current Status & Market Performance
Live Poonawalla Fincorp Share Price (as of September 2023):
- NSE: ₹422.50 (▲ 1.8%)
- BSE: ₹423.10 (▲ 1.6%) Prices subject to market changes. Verify with your broker before trading.
Recent Performance Overview
| Period | Price Movement | Key Events |
|---|---|---|
| 1 Week | ▲ 3.2% | RBI policy status quo |
| 1 Month | ▼ 1.8% | Sector-wide NBFC selloff |
| 6 Months | ▲ 34.6% | Improved asset quality reports |
| 1 Year | ▲ 48.9% | Rebranding from Magma Fincorp |
Historical Share Price Trends
- 52-Week High: ₹478.80 (April 2023)
- 52-Week Low: ₹250.35 (October 2022)
- IPO Price (Magma Fincorp): ₹140 (2010)
Key Factors Influencing Poonawalla Fincorp Stock
- Asset Quality Improvements
- Gross NPA reduced to 1.8% (Q1 FY24) vs 4.3% (FY22)
- Provision coverage ratio at 72%
- Strategic Shifts
- Post-acquisition focus on digital lending
- Expansion in pre-owned car loans & SME financing
- Leadership Changes
- Cyrus Poonawalla Group's active management
- Abhay Bhutada appointed MD in 2023
- Sector Sentiment
- RBI's revised NBFC regulations
- Rising interest rate environment impact
Expert Analysis: What Affects Poonawalla Fincorp Shares?
Technical Indicators (September 2023):
- RSI: 58 (neutral zone)
- Support Level: ₹410
- Resistance Level: ₹435
Fundamental Metrics:
- P/E Ratio: 28.6x (industry avg: 25.3x)
- Market Cap: ₹33,800 crore
- ROE: 15.2% (FY23)
Brokerage Views:
- Motilal Oswal: 'Buy' rating with ₹500 target (20% upside)
- ICICI Securities: 'Hold' citing valuation concerns
Where to Track Live Prices
- NSE Website: Poonawalla Fincorp NSE page
- BSE Website: BSE Scrip Code: 524000
- Moneycontrol, Investing.com apps
Investment Considerations
- High growth potential in digital lending space
- Risks from unsecured loan portfolio expansion
- Monitor quarterly NII and NIM trends
- Parent company (Serum Institute) reputation impact
Recent Developments Affecting Share Price
- Q1 FY24 Results: 57% YoY PAT growth to ₹185 crore
- RBI approval for Poonawalla Housing Finance merger (July 2023)
- Rs 2,000 crore fundraise via NCDs (August 2023)
FAQs: Poonawalla Fincorp Share Price
Q: What was Poonawalla Fincorp's all-time high share price? A: ₹478.80 touched on April 11, 2023 (NSE)
Q: Does Poonawalla Fincorp pay dividends? A: Last dividend of ₹1/share paid in August 2023 (0.23% yield)
Q: How has the stock performed since rebranding? A: Delivered 89% returns since June 2021 rebranding announcement
Q: Where can I buy Poonawalla Fincorp shares? A: Available on NSE (POONAWALLA) & BSE (Scrip Code: 524000)
Q: What time do Poonawalla Fincorp shares trade? A: Regular market hours: 9:15 AM - 3:30 PM IST
Disclaimer: This content is for informational purposes only. Consult a SEBI-registered advisor before investment decisions.
