Fintech and NBFC companies are a priority for the central government. Due to which the shares of many NBFC companies are continuously increasing. Today we are going to talk about one such NBFC that has made investors rich. The company has returned more than 300 percent to investors in the last five years. While in 20 years the company has given 8500 percent return to the investors.
This NBFC is none other than Poonawalla Fincorp Limited. Let us also tell you how Poonawalla Fincorp shares have enriched investors over a period of 1 year to 20 years. Under the leadership of its MD Ajay Bhutada, the company is constantly creating new records.
Gave huge returns in five years
Shares of Poonawalla Fincorp have left no stone unturned to enrich investors over the past five years. In the last 6 months, the company’s shares have seen an increase of about 7 percent on the National Stock Exchange. Over the past 20 years, the company’s shares have returned nearly 8500 percent to investors.
This is how investors became millionaires
If an investor had invested Rs.1 lakh five years ago, the cost would have been Rs. 4,16,704 would have been. In one year the company has returned more than 55 percent to the investors, in one year the investors’ 1 lakh rupees would have turned into 1,55,158. If an investor had invested Rs.1 lakh in this company 6 months ago, its current value would have been Rs.1,06,691.
If an investor had invested Rs.1 lakh in this stock at the beginning of the year, its current price would have been Rs.1,05,936. If we talk about the returns of the last 20 years, if an investor had invested Rs 1 lakh, it would have been worth Rs 85,92,592 currently.
In this way, a company worth thousands of crores of rupees was created
Poonawalla Fincorp has become a big name among fintech companies in today’s era. The current market cap of the company has reached close to Rs.35,800 crore. Agencies like CRISIL and CARE Ratings have given AAA rating to this company. Talking about the current state of the stock, on Thursday, the company’s shares rose over one percent on the NSE at Rs. was closed at 464. The company’s shares hit a 52-week high of Rs 519.70. Which was seen on January 19 this year.
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