News for POONAWALLA FINCORP LIMITED (POONAWALLA.BO)

Jan 31, 2025 / 12:00PM GMTOperator Ladies and gentlemen, good day, and welcome to the Poonawalla Fincorp Limited Q3 FY24-25 earnings conference call. We have wi

The elite club of CXOs earning over a million dollars at India's top 200 listed companies grew by 19% in the past fiscal year, reaching 213 executives. Their total compensation was ₹5,144 crore, up 20.86% from the previous year. Abhay Bhutada, former managing director at Poonawalla Fincorp, was the highest earner with ₹241.21 crore.

Poonawalla Fincorp integrates AI in HR operations, reducing job offer processing time, trading at ₹318.55 on NSE.

Hajarnis will replace Dhiraj Saxena and spearhead the company’s technology strategy, focusing on digital transformation and AI-driven customer solutions

Buzzing Stocks Today, Stocks that will see action today: December 9, 2024 - TVS Motor, Tata Power, Delta Corp, Suven Pharmaceuticals, UltraTech Cement, India Cements, Biocon, Bondada Engineering, Poonawalla Fincorp, Bajaj Healthcare, JSW Energy, Piramal Pharma, Paytm, NLC India, Easy Trip

Poonawalla Fincorp has not issued a formal response to the allegations. However, the company’s regulatory filing confirmed compliance with SEBI guidelines, including detailed disclosures regarding Saxena’s resignation, but did not comment on the specific claims made.

Indian stock market closed higher, led by Bharti Airtel, Reliance, and pharma stocks. Analysts predict Nifty's potential rise to 24,400, supported by buying momentum and reduced volatility.

India's Q2 2024 earnings season disappointed. Many profit-making companies reported losses. Nifty earnings grew at the slowest pace since June 2020. Analysts point to a slowdown in several sectors. However, experts predict a recovery in the second half of the fiscal year. Increased government spending and strong festival demand are expected to boost growth.

The Nifty index has formed a Doji candle near its 200-day exponential moving average (DEMA) support at 23,540, indicating uncertainty. Immediate support is at 23,500-23,540, with a break below 23,500 potentially targeting 23,300-23,200. While the short-term trend is down, a pullback rally remains possible if Nifty holds above 23,500, according to Hrishikesh Yedve of Asit C. Mehta Investment Intermediates.

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Key equity indices, Sensex and Nifty50, traded lower on Wednesday, influenced by declines in banking and financial stocks amid ongoing foreign selling and disappointing corporate earnings.

Oct 25, 2024 / 11:00AM GMTOperator Ladies and gentlemen, good day. And welcome to the Poonawalla Fincorp Limited Q2 FY24, 25. earnings conference call. We have

The Nifty formed a long bearish candle, indicating ongoing pressure. A minor pullback or sideways consolidation may occur in the next one to two days. Support is at 24,100 and 24,000, while immediate resistance is at 24,450–500, with crucial resistance at 24,700–750. Open interest data shows the highest call OI at 24,400 and 24,300, with put OI at 24,200.

ABM International, Tirupati Forge, Industrial Invst, Mask Investments and Sri Adhikari, hit their fresh 52-week highs during the day.

Stocks to Watch today, Monday, July 22: Mukesh Ambani-owned Reliance Industries Limited, last Friday, reported a 5.5% Y-o-Y decline in consolidated profit to Rs 15,138 crore in Q1FY25

Other companies that LIC increased its stake in include Ador Welding, Poonawalla Fincorp, Apollo Tyres, and Titan Company, among others

Stocks including HDFC Bank, Nephro Care, RVNL, IDBI Bank, Ircon International, Go Digit, Raymond, Mahindra Lifespaces, Poonawalla Fincorp and more may remain under spotlight before the opening bell on Friday, July 05.

Asia's compelling economic growth and wealth landscape has consistently seized global attention.

Ultratech Cement, Trent, UCO Bank, KPIT Technologies, Poonawalla Fincorp, Tata Chemicals, and PNB Housing Finance would announce their Q4 earnings later today.