India's Poonawalla Fincorp climbs on strong Q3 result

Poonawalla Fincorp

19/01/2024 05:06

** Shares of Poonawalla Fincorp  POON.NS  up 3.2% in early
session
    ** The non-banking financial co's Dec-qtr consol net profit
from continuing ops up nearly 79% Y/Y, revenue up 53% Y/Y
    ** Stock trading above its 200-day moving avg since
early-Nov
    ** Stock set to extend its three week rally, if gains
continue
    ** Stock up 16.1% this year

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com; +91 6001289066;))