Poonawalla Fincorp Q2 profit up fivefold, Rs 428 in focus

Poonawalla Fincorp reported a fivefold jump in Q2 FY27 profit, and the stock closed at Rs 447.3 within its Rs 428 to Rs 512 range ahead of Monday’s open. Poonawalla Fincorp Limited [

] closed Friday, 9 October 2026, at Rs 447.3, up 2.15 percent, in the lower half of its Rs 428 to Rs 512 range. The Q2 FY27 numbers are now out, and the market may react at the open. Consolidated profit rose about five times to Rs 374.85 crore from Rs 74.2 crore. Net interest income grew 75.7 percent to Rs 1,589 crore from Rs 904.5 crore. Sequentially, profit rose 21.8 percent. On the daily chart, the stock has made lower highs since the August peak near Rs 512, while Rs 428 has held as support on repeated tests. RSI is near 47, a neutral reading, and Friday’s volume was low. This shows a range with no clear trend. What next: strong results may support a gap up, but a close above Rs 512 may turn the structure bullish. A close below Rs 428 may open further downside near term. Conclusion: the structure is neutral inside the Rs 428 to Rs 512 range, and the reaction to the results at the open is now the key trigger. Disclosure & Disclaimer: I and my family members do not hold any position in the stock discussed. This content is provided solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell any security. Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.