Mumbai, October 27 (Udaipur Kiran): Shares of Poonawalla Fincorp surged over 4 per cent in Monday’s trade after the company announced the expansion of its AI-first digital transformation through five new technology deployments aimed at enhancing risk management, compliance, and operational efficiency.
The stock opened at ₹485.40 on the BSE and touched an intraday high of ₹507.95 before trading at ₹504.50, up by ₹19.65 or 4.05% from its previous close of ₹484.85. Around 1.41 lakh shares were traded on the counter during the session.
Poonawalla Fincorp’s 52-week high stands at ₹570.40 (October 6, 2025), while the 52-week low is ₹267.25 (March 4, 2025). The company’s current market capitalisation is around ₹40,939.09 crore. The promoters hold 63.96%, while institutions and non-institutions account for 21.92% and 14.12% of the shareholding, respectively.
The company’s new AI-led initiatives include:
-
Early Warning System (EWS) for workforce risk management
-
Travel Bot to streamline operational mobility
-
RegIntel for compliance intelligence
-
ER Governance Tool for employee relations
-
AI-driven Suspicious Transaction Reporting (STR) to strengthen financial crime compliance
According to the company, these initiatives embed AI across its enterprise functions, moving beyond automation to develop intelligent, scalable, and compliance-ready systems. The transformation aims to shift Poonawalla Fincorp from a reactive to a predictive and prescriptive approach, reinforcing its position as a digitally confident and governance-driven NBFC.
Poonawalla Fincorp, formerly known as Magma Fincorp, is a non-deposit taking systemically important NBFC (ND-SI-NBFC) registered with the Reserve Bank of India (RBI).
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
