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saurabh mittal

13th Apr · SEBI-Registered Analyst

Poonawalla Fincorp Ltd promoter Rising Sun Holdings infused ₹1,500 crore

POONAWALLA
promoter Rising Sun Holdings infused ₹1,500 crore via preferential allotment of 3.31 crore shares at ₹452.51 each, boosting liquidity and driving shares up 14% to a 52-week high. The NBFC targets 40%+ AUM growth in FY26, supported by AI-driven efficiency and new offerings, with Q3 FY26 earnings highlighting NIM rise to 8.62% and borrowing costs at 6.5%. Shares traded around ₹490.40 (up 3.7%), with Deven Choksey 'hold' at ₹463 and Motilal Oswal 'buy' at ₹560-610.

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