Poonawalla Fincorp reported a sharp profit rise driven by margin expansion, higher income, and improved asset quality. AUM crossed Rs 60,000 crore, credit costs eased, and capital adequacy strengthened after fundraise, supporting future growth and digital expansion.
AMD shares jump 13% as AI chip demand lifts strong results
Shares of Advanced Micro Devices jumped sharply after the chipmaker delivered strong quarterly results and issued an upbeat outlook, driven by robust demand for AI