Poonawalla Fincorp Share Jumps 12% as Board Approves Rs 1,500 Cr Promoter Infusion by Rising Sun Holdings

Poonawalla Fincorp Ltd. witnessed a strong rally in its stock price during Thursday's trading session, soaring nearly 15% intraday. The surge was driven by the company's announcement of a significant equity infusion from its promoter entity, Rising Sun Holdings Pvt. Ltd., signaling confidence in the company's long-term prospects.

Poonawalla Fincorp Share Allocation Worth Rs 1,500 Crore Boosts Market Sentiment

In a regulatory filing, Poonawalla Fincorp disclosed that its board has approved the issuance of 3.32 crore equity shares to Rising Sun Holdings, the promoter firm led by Adar Poonawalla, at a price of Rs 452.51 per share. This includes a premium of Rs 450.51 per share on a face value of Rs 2 each, amounting to a total investment of Rs 1,500 crore.

The company said in an exchange filing, "This is furtherance to our intimations dated July 25, 2025 and August 25, 2025, regarding the approval of issue and allotment of equity shares through preferential Issue, on private placement basis, we wish to inform that the board of directors of Poonawalla Fincorp Limited, on September 17, 2025, approved the allotment of 3,31,48,102 fully paid-up equity shares of the company, having face value of Rs 2 each, at an issue price of Rs 452.51 per equity share, aggregating to Rs 1499,98,47,636 (nearly Rs 1,500 crore), to promoter Rising Sun Holdings Private Limited."

Poonawalla Fincorp Share Price Today

As of 12:05 PM on September 18, shares of Poonawalla Fincorp Ltd were trading at Rs 500.00, reflecting a strong gain of Rs 52.90 or 11.83% for the day. The stock opened at Rs 453.00 and surged to an intraday high of Rs 513.35, which also marks its new 52-week high. The intraday low was recorded at Rs 451.00. In comparison, the stock's 52-week low stands at Rs 267.20.

Should Buy, Hold or Sell Poonawalla Fincorp Stock? Check Top Brokerages Ratings

According to Bloomberg data, seven analysts currently track Poonawalla Fincorp. Among them, four analysts have given a 'Buy' rating, indicating confidence in the stock's future performance. One analyst recommends a 'Hold', while two analysts suggest a 'Sell', reflecting a range of views on the company's valuation and growth prospects. Despite the mixed ratings, the 12-month average target price implies a potential upside of 13.6% from current levels, suggesting moderate optimism among market experts.

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