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POONAWALLA — Poonawalla Fincorp News Story

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FinancialsAdventurousLarge CapMomentum Trap

Poonawalla Fincorp jumps on strong assets under management growth

** Shares of Poonawalla Fincorp POON.NS rise 4% to 545.55 rupees

** Non-banking financial co's AUM, as on September 30, surge 67.7% Y/Y to approximately 476.25 bln rupees ($5.37 billion)

** Liquidity, as on September 30, was at 62 bln rupees

** Stock set to gain for third straight session

** Trading volume at 9.8 mln shares, more than 2x the 30-day average

** POON up ~74% YTD

($1 = 88.7490 Indian rupees)

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))

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