Poonawalla Fincorp successfully raised Rs 2,500 crore via a Qualified Institutions Placement, drawing strong interest from institutional investors. This capital infusion will fuel business expansion, bolster lending operations, and diversify its asset base. The company’s strategic vision and growth prospects were underscored by the robust participation in the issuance.
FIIs cut stakes, but these 10 stocks rallied up to 220% in just over 3 months
Despite FII stake reductions in the March quarter, several BSE 500 stocks rallied sharply, with top performers delivering returns of up to 220%, highlighting that