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Wednesday, March 4, 2026

Poonawalla Fincorp shares rally 6%, hit fresh 52-week high after strong Q2 numbers

Poonawalla Fincorp shares rallied 5.61% on Monday to trade at Rs 553.50, after hitting an intraday and 52-week high of Rs 558.60 on the NSE. The rally comes on the back of a robust business update released by the company for the quarter ended September 30, 2025 (Q2 FY26).

According to the latest disclosure, Poonawalla Fincorp’s Assets Under Management (AUM) stood at approximately Rs 47,625 crore as of September 30, 2025, registering an impressive year-on-year (YoY) growth of 67.7% and a sequential quarter-on-quarter (QoQ) rise of 15.4%.

The company also reported a strong liquidity position, with approximately Rs 6,200 crore in cash and equivalents as of the same date.

Poonawalla Fincorp emphasized its continued adherence to a “risk-first” strategy, supported by robust risk management frameworks and a well-diversified asset base. The management reaffirmed its focus on sustainable, long-term growth while scaling its operations.

“As we continue to scale, our focus and commitment remain on business expansion in line with building a long-term, sustainable, and profitable model,” the company stated.

Investor sentiment appeared buoyed by the company’s strong operational performance and prudent risk approach, driving the stock to outperform broader market indices during the session.

Price and Technical Outlook

Poonawalla Fincorp touched a new 52-week high of Rs 558.60 on the NSE and is currently trading with a market capitalization of approximately Rs 44,204 crore. Over the past month, the stock has delivered a sharp rally of nearly 30%, reflecting strong investor interest and momentum.

From a technical perspective, the Relative Strength Index (RSI-14) stands at 70.7 on the daily chart. An RSI reading above 70 typically signals that a stock is in overbought territory, indicating the potential for a short-term pullback or sideways movement as the market consolidates recent gains.

Despite this, the stock maintains a bullish structure, trading above all 8 key Simple Moving Averages (SMAs), ranging from the 5-day to the 200-day average. This alignment across short-, medium-, and long-term moving averages reinforces a positive trend and indicates strong underlying strength.

While overall momentum remains intact, the elevated RSI suggests that investors should stay alert for possible short-term profit booking before any continued upside.

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