Poonawalla Fincorp gains on launching co-branded credit card with IndusInd Bank

29 May 2024 Evaluate

Poonawalla Fincorp is currently trading at Rs. 448.70, up by 3.80 points or 0.85% from its previous closing of Rs. 444.90 on the BSE.

The scrip opened at Rs. 447.70 and has touched a high and low of Rs. 450.75 and Rs. 440.75 respectively. So far 437381 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 519.95 on 19-Jan-2024 and a 52 week low of Rs. 332.20 on 26-Jun-2023.

Last one week high and low of the scrip stood at Rs. 464.00 and Rs. 440.75 respectively. The current market cap of the company is Rs. 34623.88 crore.

The promoters holding in the company stood at 62.13%, while Institutions and Non-Institutions held 13.58% and 24.30% respectively.

Poonawalla Fincorp in collaboration with IndusInd Bank has launched the co-branded ‘IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card’, a card designed to redefine and elevate the banking experience of customers.

With this co-branded credit card launch, Poonawalla Fincorp marks a significant milestone in their ongoing commitment to providing tailored financial solutions to meet the evolving needs of their valued customers.

Poonawalla Fincorp (Formerly known as Magma Fincorp) is a non-deposit taking systemically important non-banking finance Company (ND-SI-NBFC), registered with the Reserve Bank of India (RBI).


Poonawalla Fincorp Share Price

329.85 -11.50 (-3.37%)
18-Dec-2024 16:59 View Price Chart
Peers
Company Name CMP
Bajaj Finance 7073.00
Shriram Finance 2930.30
Aditya Birla Capital 190.80
SBI Cards AndPayment 709.75
Mah & Mah Finl. Serv 269.25
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