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Why Jefferies bets Poonawalla Fincorp can deliver fastest sector growth, eyes 23% upside

Posted on June 5, 2026
By Financial Express
0 Views
1 min read

Why Jefferies bets Poonawalla Fincorp can deliver fastest sector growth, eyes 23% upside

Jefferies initiates coverage on Poonawalla Fincorp with a Buy rating and a target price of ₹490, implying 23% upside. Here's why the brokerage is optimistic about the NBFC's leadership overhaul, product expansion, margin improvement and earnings growth.