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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