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.

Add

ET Logo

as a Reliable and Trusted News Source

Google Logo

Add Now!

(Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)

Latest

HCLTech, TCS, Infosys: Why are IT stocks falling again?

Fresh pressure on IT shares as demand concerns and foreign selling unsettle investors

Dr Reddy’s jumps nearly 7% as Sensex falls: Why is the pharma stock rising?

Shares of Dr Reddy’s Laboratories surged sharply on Thursday, bucking a weak broader market and emerging as one of the top gainers on the Nifty 50.

Sensex tumbles 650 points: Why is the stock market falling?

Stock markets remained sharply lower in early trade on Thursday as crude oil above $100, global uncertainty and broad-based selling in financial and IT stocks w

Sensex, Nifty sink as crude oil prices reach $100; IndiGo down 2%

The S&P BSE Sensex was down by 625.09 points to 77,891.40, while the NSE Nifty50 lost 173.90 points to 24,204.20 as of 9:26 am. 

Groww shares hit 52-week high: What’s driving the rally and should you buy now?

Groww shares soar to new heights, but brokerages offer mixed advice

Topics

Pedro Pascal fights tears as fans chant his name at The Mandalorian event

Actor Pedro Pascal became emotional as fans cheered during the preview of The Mandalorian and Grogu in Mexico. He also shared his personal connection to the Sta

Need money to study, need education to earn: The vicious loop trapping students

Many students need to borrow money money before they can access quality education, yet need education first to earn money. This creates a cycle of education loa

Which place is known as the Wildlife Capital of the world?

Nairobi is called the wildlife capital of the world for a reason. It is the only city where a national park sits right next to the skyline, blending wild animal

AI era hiring: Rs 50,000 stipend, flexible roles, and real work from day 1

Newton School of Technology's latest placement cycle expanded from 10 roles to 11 as companies assessed candidates in real time. The shift highlighted growing d

Michael box office: MJ film earns $217 million globally in 3 days. See India numbers

Michael earned $217 million globally in its opening weekend. The film based on the life of King of Pop, Michael Jackson, also shattered genre records in India.

No relief in the hills: India’s mountains are sizzling with record heat this summer

The heat battering India's hill stations is part of a much larger story unfolding across the Himalayas.

India’s first private rocket Vikram-1 to launch within weeks, final prep underway

Skyroot Aerospace has sent Vikram-1 to Sriharikota for final integration and launch operations. The mission will test India’s emerging private launch capabili

Madgaon Express sequel: Actor Divyenndu shares big update

Actor Divyenndu has confirmed that the sequel to Madgaon Express is currently in the works. He revealed that Kunal Kemmu is writing the script.
spot_img

Related Articles

Popular Categories

spot_imgspot_img