“Bullish on Poonawalla Fincorp, projecting the stock to reach ₹560, a 27% upside. The firm expects a 34% AUM CAGR over the next three years, driven by new products scaling to 34% of total AUM. Margin expansion is anticipated from higher disbursement yields and faster growth in prime PL and gold loans, with credit costs easing due to benign asset quality in the unsecured segment.”

Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%