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Poonawalla Fincorp Limited ( (IN:POONAWALLA) ) just unveiled an announcement.
Poonawalla Fincorp Limited has received an upgrade in its credit rating to BWR AAA/Stable by Brickwork Ratings for its non-convertible debentures, totaling Rs. 164.71 Crores. This upgrade reflects the company’s robust growth in assets under management, reaching Rs. 30,984 Crores, a 41% year-over-year increase, along with strong capitalization and liquidity positions, indicating a positive outlook for its stakeholders.
More about Poonawalla Fincorp Limited
Poonawalla Fincorp Limited operates in the financial sector, primarily focusing on providing financial services such as non-convertible debentures. The company’s market focus includes maintaining strong asset quality and capitalisation levels.
YTD Price Performance: -4.95%
Average Trading Volume: 215,280
Current Market Cap: 232.2B INR
Learn more about POONAWALLA stock on TipRanks’ Stock Analysis page.
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