Powered by: Motilal Oswal

News

Spandana Sphoorty Financial jumps on raising Rs 50.35 crore via NCDs Spandana Sphoorty Financial is currently trading at Rs. 556.35, up by 8.80 points or 1.61% from its previous closing of Rs. 547.55 on the BSE. The scrip opened at Rs. 564.80 and has touched a high and low of Rs. 568.20 and Rs. 551.05 respectively. So far 17589 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1243.10 on 12-Jan-2024 and a 52 week low of Rs. 535.70 on 08-Oct-2024. Last one week high and low of the ...
Spandana Sphoorty Financial jumps on raising Rs 50.35 crore via NCDs
Spandana Sphoorty Financial jumps on raising Rs 50.35 crore via NCDs
Source: Accord Fintech
2024-10-09 03:24:36 pm
Spandana Sphoorty Financial soars on getting nod to raise Rs 50 crore via NCDs Spandana Sphoorty Financial is currently trading at Rs. 625.90, up by 4.60 points or 0.74% from its previous closing of Rs. 621.30 on the BSE. The scrip opened at Rs. 632.95 and has touched a high and low of Rs. 635.45 and Rs. 622.95 respectively. So far 19673 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1243.10 on 12-Jan-2024 and a 52 week low of Rs. 586.10 on 14-Aug-2024. Last one week high and low of the ...
Spandana Sphoorty Financial soars on getting nod to raise Rs 50 crore via NCDs
Spandana Sphoorty Financial soars on getting nod to raise Rs 50 crore via NCDs
Source: Accord Fintech
2024-08-27 02:13:14 pm
Spandana Sphoorty Financial shines on raising Rs 54.99 crore via NCDs Spandana Sphoorty Financial is currently trading at Rs. 603.65, up by 8.45 points or 1.42% from its previous closing of Rs. 595.20 on the BSE. The scrip opened at Rs. 613.90 and has touched a high and low of Rs. 613.90 and Rs. 602.40 respectively. So far 1693 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1243.10 on 12-Jan-2024 and a 52 week low of Rs. 591.50 on 07-Aug-2024. Last one week high and low of the s...
Spandana Sphoorty Financial shines on raising Rs 54.99 crore via NCDs
Spandana Sphoorty Financial shines on raising Rs 54.99 crore via NCDs
Source: Accord Fintech
2024-08-09 10:20:07 am
Buy Spandana Sphoorty Financial Ltd For Target Rs.950 By JM Financial Services Spandana reported weak results in 1Q25, with provisions coming in at INR 2,018mn (+128.6% QoQ, +743.5% YoY), or 7.8% of AUM, annualised. PPOP was a beat on JMFe – with NII at INR 4.15bn (+5.6% QoQ, +44.7% YoY), other income at INR 286mn (-25.4% QoQ, +41.3% YoY) and operating expenses at INR 1.7bn (-3.9% QoQ, +28.4% YoY). Gross loan portfolio was at INR 117.2bn, down 2.1% QoQ, as disbursements moderated to INR 22.8bn, -42.5% QoQ. With the elevated credit costs, PAT came in at INR 513mn (...
Buy Spandana Sphoorty Financial Ltd For Target Rs.950 By JM Financial Services
Buy Spandana Sphoorty Financial Ltd For Target Rs.950 By JM Financial Services
Source: JM Financial Services
2024-08-05 11:11:45 am
Spandana Sphoorty Financial soars on raising Rs 55 crore through NCDs Spandana Sphoorty Financial is currently trading at Rs. 735.15, up by 10.75 points or 1.48% from its previous closing of Rs. 724.40 on the BSE. The scrip opened at Rs. 731.95 and has touched a high and low of Rs. 742.55 and Rs. 716.35 respectively. So far 11968 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1243.10 on 12-Jan-2024 and a 52 week low of Rs. 679.45 on 04-Jun-2024. Last one week high and low of the...
Spandana Sphoorty Financial soars on raising Rs 55 crore through NCDs
Spandana Sphoorty Financial soars on raising Rs 55 crore through NCDs
Source: Accord Fintech
2024-07-10 02:54:49 pm
Spandana Sphoorty Financial gains on reporting 22% rise in Q4 consolidated net profit Spandana Sphoorty Financial is currently trading at Rs. 877.50, up by 6.60 points or 0.76% from its previous closing of Rs. 870.90 on the BSE.  The scrip opened at Rs. 881.15 and has touched a high and low of Rs. 889.95 and Rs. 877.30 respectively. So far 977 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1243.10 on 12-Jan-2024 and a 52 week low of Rs. 594.20 on 02-May-2023. Last one week high and low of ...
Spandana Sphoorty Financial gains on reporting 22% rise in Q4 consolidated net profit
Spandana Sphoorty Financial gains on reporting 22% rise in Q4 consolidated net profit
Source: Accord Fintech
2024-05-02 09:51:04 am
Spandana Sphoorty Financial jumps on raising Rs 50 crore through NCDs Spandana Sphoorty Financial is currently trading at Rs. 858.15, up by 11.10 points or 1.31% from its previous closing of Rs. 847.05 on the BSE. The scrip opened at Rs. 860.05 and has touched a high and low of Rs. 887.40 and Rs. 852.35 respectively. So far 223212 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1243.10 on 12-Jan-2024 and a 52 week low of Rs. 481.00 on 29-Mar-2023. Last one week high and low of th...
Spandana Sphoorty Financial jumps on raising Rs 50 crore through NCDs
Spandana Sphoorty Financial jumps on raising Rs 50 crore through NCDs
Source: Accord Fintech
2024-03-28 01:43:34 pm
Buy Spandana Sphoorty Financial Ltd For Target Rs.1,400 By JM Financial Services NIMs miss drags overall earnings In 3QFY24, Spandana Sphoorty Financial(Spandana’s) profits at INR1.3bn missed our and consensus estimates due to NIM compression of -80bps QoQ led by decline in yields by - 40bps QoQ. This was due to lower DA income (INR 200mn vs INR 400mn QoQ) and interest reversal of INR 60mn. Also cost of funds declined -20bps QoQ. Opex growth of (+7.3% QoQ, +46% YoY) led to a PPoP of INR 2.4bn (-6.6% QoQ, +71% YoY) while credit costs remained elevated (3.3% vs 4.6...
Buy Spandana Sphoorty Financial Ltd For Target Rs.1,400 By JM Financial Services
Buy Spandana Sphoorty Financial Ltd For Target Rs.1,400 By JM Financial Services
Source: JM Financial Services
2024-03-21 12:56:49 pm
Spandana Sphoorty Financial trades marginally higher on raising Rs 100 crore through NCDs Spandana Sphoorty Financial is currently trading at Rs. 961.55, up by 0.50 points or 0.05% from its previous closing of Rs. 961.05 on the BSE. The scrip opened at Rs. 963.15 and has touched a high and low of Rs. 968.35 and Rs. 956.55 respectively. So far 687 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1243.10 on 12-Jan-2024 and a 52 week low of Rs. 478.85 on 28-Mar-2023. Last one week high and low of the sc...
Spandana Sphoorty Financial trades marginally higher on raising Rs 100 crore through NCDs
Spandana Sphoorty Financial trades marginally higher on raising Rs 100 crore through NCDs
Source: Accord Fintech
2024-02-14 10:23:31 am
Spandana Sphoorty Financial trades higher on raising Rs 100.98 crore via NCDs Spandana Sphoorty Financial is currently trading at Rs. 1159.50, up by 4.20 points or 0.36% from its previous closing of Rs. 1155.30 on the BSE. The scrip opened at Rs. 1155.00 and has touched a high and low of Rs. 1164.85 and Rs. 1155.00 respectively. So far 151 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1243.10 on 12-Jan-2024 and a 52 week low of Rs. 478.85 on 28-Mar-2023. Last one week high and low of t...
Spandana Sphoorty Financial trades higher on raising Rs 100.98 crore via NCDs
Spandana Sphoorty Financial trades higher on raising Rs 100.98 crore via NCDs
Source: Accord Fintech
2024-01-20 11:01:22 am
Buy Spandana Sphoorty Financial Ltd For Target Rs.1,200 - Motilal Oswal Financial Services Ltd Articulation of next five-year target from a position of strength Targets AUM of ~INR280b by FY28 with RoA of >4.5% and RoE of >18% ? At its analyst/investor meet, Spandana Sphoorty’s senior management team outlined the company’s vision for FY28 and talked about its strategies for distribution, risk management, liabilities, technology and people’s practice. ? The management targets to achieve AUM of ~INR280b by FY28 and a customer base of ~6.2m. It plans to sc...
Buy Spandana Sphoorty Financial Ltd For Target Rs.1,200 - Motilal Oswal Financial Services Ltd
Buy Spandana Sphoorty Financial Ltd For Target Rs.1,200 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2023-12-26 12:45:20 pm
Buy Spandana Sphoorty Ltd For Target Rs.1,065 - JM Financial Institutional Securities Spandana delivered yet another strong quarter and reported a PAT of INR 1.2bn (+4.7% QoQ, +135% YoY, +5.4% JMFe) driven by a) strong growth in AUM to INR 97.8bn (+10.6% QoQ, +69.2% YoY) led by a robust growth in disbursement (+51% QoQ, +81% YoY) and healthy customer addition of 0.35mn and b) stable NIMs at 14.1% (+113bps YoY, -11bps QoQ). The management indicated this growth to sustain with AUM expected to reach INR 120bn+, AUM/Loan officer (INR 12mn in H1FY24) to improve to INR 14-15mn and B...
Buy Spandana Sphoorty Ltd For Target Rs.1,065 - JM Financial Institutional Securities
Buy Spandana Sphoorty Ltd For Target Rs.1,065 - JM Financial Institutional Securities
Source: JM Financial Institutional Securities Ltd
2023-11-06 01:04:34 pm
Spandana Sphoorty Financial rises on raising Rs 40 crore through NCDs Spandana Sphoorty Financial is currently trading at Rs. 807.05, up by 4.35 points or 0.54% from its previous closing of Rs. 802.70 on the BSE.The scrip opened at Rs. 798.95 and has touched a high and low of Rs. 811.00 and Rs. 769.00 respectively. So far 9534 shares were traded on the counter.The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 863.00 on 31-Jul-2023 and a 52 week low of Rs. 478.85 on 28-Mar-2023.Last one week high and low of the scrip stood at Rs. 839...
Spandana Sphoorty Financial rises on raising Rs 40 crore through NCDs
Spandana Sphoorty Financial rises on raising Rs 40 crore through NCDs
Source: Accord Fintech
2023-10-26 03:13:19 pm
Spandana Sphoorty Financial soars on raising Rs 75 crore through NCDs Spandana Sphoorty Financial is currently trading at Rs. 803.00, up by 8.40 points or 1.06% from its previous closing of Rs. 794.60 on the BSE.The scrip opened at Rs. 816.95 and has touched a high and low of Rs. 816.95 and Rs. 790.95 respectively. So far 5371 shares were traded on the counter.The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 863.00 on 31-Jul-2023 and a 52 week low of Rs. 478.85 on 28-Mar-2023.Last one week high and low of the scrip stood at Rs. 838...
Spandana Sphoorty Financial soars on raising Rs 75 crore through NCDs
Spandana Sphoorty Financial soars on raising Rs 75 crore through NCDs
Source: Accord Fintech
2023-10-06 05:04:41 pm