Poonawalla Fincorp made new 52 week high with LTP Rs. 472

Poonawalla Fincorp Limited is a non-banking finance company (NBFC) in India, providing asset finance services with a diversified product suite for consumer and MSME financing. Here are some key details about the company: Company Overview - Poonawalla Fincorp Limited, formerly known as Magma Fincorp Limited, was acquired by the Cyrus Poonawalla Group in May 2021 and rebranded in July 2021. - The company offers loans for CA, CS, doctors, salaried and government employees, home renovation, wedding, travel, and medical emergencies, as well as business loans for working capital, MSME, and other short-term finance needs. Financial Performance - Market capitalization: ₹363.09 billion - 52-week low: ₹267.20 - 52-week high: ₹483.40 - Current price: ₹472.55 (as of July 6, 2025) - Credit rating: AAA/Stable from CRISIL and CARE Ratings, indicating a high degree of creditworthiness