New Year picks 2026: Motilal Oswal Wealth Management has picked SBI, Airtel, Biocon, Eternal and others for the upcoming year; check details here
Sundaram Finance has a strong proven track-record, while Poonawalla Fincorp is shaping up in the right direction, believe analysts.
The Cyrus Poonawalla Group-promoted NBFC announced the deployment of five new AI-powered solutions as part of its risk-first and enterprise-wide digital transformation journey
Poonawalla was trading 3.3 per cent lower at ₹509 compared to the previous day's close of ₹526.4 on the NSE
The rally in Poonawalla Fincorp shares came after Poonawala said the company's assets under management (AUM) grew by 67.7 per cent year-on-year in Q2FY26
Poonawalla Fincorp stock hit a 52-week high after company's board approved allotment of 33.15 mn equity shares at ₹452.51 each for ₹1,500 crore to its promoter Rising Sun Holdings Private Limited.
At 02:00 PM, shares of Poonawalla Fincorp were trading at ₹426.50, up by 3.19 per cent on the National Stock Exchange.
Poonawalla Fincorp share price hit a fresh high on the back of robust business update in the first quarter of financial year 2026 (Q1FY26).