News for Magma Fincorp Limited (MAGMA.BO)

Choosing the right company in any sector is extremely important but when it comes to investing in NBFC stocks, it is extremely important to check on things like quality of balance sheet and parentage. There is a very clear lesson from history, if you bought Bajaj finance, wealth creation happened, if you bought DHFL then wealth destruction happened. The question would arise, why buy NBFC if it has such risks? The answer is simple, as a sector NBFC will grow at a faster rate than a number of sectors. Why will the growth be faster? Because they provide credit and credit was / is / will remain more in demand than supply. So, a provider of credit is bound to grow as the Indian economy grows

May 31, 2021 / 11:00AM GMTOperator Ladies and gentlemen, good day, and welcome to the magna -- Magma Fincorp Limited Q4 FY '20 Results Call, hosted by Ambit Cap

Jan 31, 2020 / 10:30AM GMTOperator Ladies and gentlemen, good day, and welcome to the Q3 FY '20 Results Call of Magma Fincorp, hosted by Emkay Global Financial

Jul 16, 2019 / 12:30PM GMTOperator Good evening, ladies and gentlemen. Thank you for standing by. This is Justina, the moderator for your conference call today.

Markets regulator Sebi on Thursday revoked a securities market ban imposed on six entities in a case of alleged insider trading in the shares of Poonawalla Fincorp Ltd, earlier known as Magma Fincorp Ltd.

Adar Poonawalla-led Poonawalla Fincorp closed at ₹348.15 apiece on the BSE on Wednesday, up 0.61% from the previous close. Shares of Kochi-based Federal Bank closed at ₹123.85, down 1.43% from the previous close.

This is in line with the group's focus on domestic consumption as a key theme in their growth philosophy, , Poonawalla Fincorp, Poonawalla Fincorp Limited (PFL)

Anand Rathi is bullish on Poonawalla Fincorp has recommended buy rating on the stock with a target price of Rs 417 in its research report dated March 31, 2023.

In the Nifty 50 index, 38 stocks ended in the green, while 11 stocks closed in the red in today's trade.

Motilal Oswal Financial Services recently initiated coverage on Poonawalla Fincorp with a 'buy' rating and a target price of Rs 350 per share

Stocks to Watch: Check out the companies making headlines before the opening bell.

Based on the open interest future percentage, here are the 82 stocks including JK Cement, Deepak Nitrite, Shree Cements, Dalmia Bharat, and ACC, in which a short build-up was seen.

Sunayana Investment Company bought 38,05,678 equity shares in chemicals company Vikas EcoTech at Rs 2.26 per share on the NSE.

Strong buying seen in energy, power, realty and metal counters helped erase some of the losses, helping the Nifty close in the green.

Nifty futures were trading 52.50 points or 0.34 per cent higher at 15,632.50 on Singaporean Exchange, suggesting a positive opening for BSE Sensex and Nifty 50 on Tuesday

The key support levels for the Nifty are placed at 15,397.1, followed by 15,358.5. If the index moves up, the key resistance levels to watch out for are 15,472 and 15,508.3.