India's Poonawalla Fincorp rises after Q4 profit jump

Poonawalla Fincorp

30/04/2024 05:19

** Shares of Poonawalla Fincorp  POON.NS  up nearly 4% at
507.80 rupees, among top gainers on Nifty mid-cap 100 index
 .NIFMDCP100 
    ** POON says March-qtr consol profit jumped 83.9% y-o-y,
interest income 52.7% higher
    ** Stock trading above 50-, 100-, 200-day moving avgs 
    ** Avg rating of six analysts covering the stock is "buy",
median price target is 530 rupees - LSEG    
    ** POON up 13.8% YTD vs 10.7% rise in Nifty mid-cap index

    

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))