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News for India > Business > Poonawalla Fincorp share price hits record high, surging almost 9%; here’s why | Stock Market News
Business

Poonawalla Fincorp share price hits record high, surging almost 9%; here’s why | Stock Market News

Last updated: October 6, 2025 10:15 am
6 months ago
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Poonawalla Fincorp share price jumped almost 9 per cent to hit a fresh record high of ₹570.40 in intraday trade on Monday, October 6. Poonawalla Fincorp shares opened at ₹529.55 against their previous close of ₹524.35 and surged 8.8 per cent to hit their fresh all-time high. Around 10:15 am, the non-banking financial company (NBFC) stock was trading 8 per cent higher at ₹566.

Shares of Poonawalla Fincorp jumped after the company reported a strong year-on-year (YoY) growth in its assets under management (AUM) for the September quarter of the current financial year (Q2FY26).

“AUM grew by 67.7 per cent YoY and 15.4 per cent QoQ to approximately ₹47,625 crore as on 30th September 2025. The company continues to have ample liquidity of approximately ₹6,200 crore as on 30th September 2025,” said the company in an exchange filing on October 6.

“The above information is provisional and subject to limited review by the statutory auditors of the company. The company stands by its risk-first approach, robust risk management systems and a diversified asset base. As we continue to scale, our focus and commitment stand on business expansion in line with building a long-term, sustainable, profitable model,” Poonawalla Fincorp added.

(This is a developing story. Please check back for fresh updates.)

Read all market-related news here

Read more stories by Nishant Kumar

Disclaimer: This story is for educational purposes only. The views and recommendations expressed are those of individual analysts or broking firms, not Mint. We advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and circumstances may vary.



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