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.
Midcap, small cap outperform large caps on margins amid rising input costs
Large-cap firms saw operating margins contract significantly year-on-year. Mid- and small-cap companies experienced lesser margin contractions amid rising costs. These smaller firms also achieved higher