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SGFIN — Sg Finserve News Story

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India's SG Finserve hits record high on strong June loan growth

BUZZ-India's SG Finserve hits record high on strong June loan growth

** Shares of India's SG Finserve SGFI.NS jump 12.6% to a record high of 694.9 rupees apiece; on track for a fourth straight session of gains

** NBFC closes Q1 FY27 with a loan book of 45.51 billion rupees ($480.44 million), up 82% YoY

** On a Q-o-Q basis, loan growth up 16%

** Stock sees strongest percentage jump on record

** RSI at 74.80, indicating the stock enters the overbought category

** YTD, stock up 64.79%

($1 = 94.7250 Indian rupees)


(Reporting by Saikeerthi in Bengaluru)

((Saikeerthi@thomsonreuters.com; (+91) 8296756080))

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