Poonawalla Fincorp is currently trading at RS. 291.60, up by 3.35 points or 1.16% from its previous closing of RS. 288.25 on the BSE.
The stock opened at RS. 290.00 and recorded a high of RS. 292.90 and a low of RS. 287.70. So far, 9,800 shares have been traded on the counter.
The BSE group 'A' stock, with a face value of RS. 2, has touched a 52-week high of RS. 513.95 on 22-Apr-2024 and a 52-week low of RS. 267.25 on 04-Mar-2025. In the last week, the scrip's high and low stood at RS. 292.90 and RS. 267.25, respectively. The company's current market capitalization is RS. 22,686.78 crore.
Promoters hold 62.36% of the company's shares, while institutions and non-institutions hold 19.03% and 18.61%, respectively.
Poonawalla Fincorp (PFL) has launched an education loan business aimed at students seeking higher education in international universities. This new offering ensures faster processing and instant loan sanctions for a seamless experience. As part of this initiative, PFL has introduced an industry-first feature of providing instant education loan sanctions through a technology-driven platform, benefiting both new and existing customers.
The move aligns with PFL’s strategic expansion to diversify its product range and offer comprehensive financial solutions. Recently, the company also introduced a digital prime personal loan for salaried professionals.
Poonawalla Fincorp, formerly Magma Fincorp, is a non-deposit-taking systemically important non-banking financial company (ND-SI-NBFC) registered with the Reserve Bank of India (RBI).