Spandana Sphoorty Financial

Spandana Sphoorty Financial announced a rights issue to raise up to ₹ 400 crore by issuing 17,391,304 partly paid-up equity shares. The issue opens on August 1, 2025, and closes on August 11, 2025, with a record date of July 24, 2025.

Funding squeeze, Karnataka's plan to curb coercive recoveries and rating downgrades have worsened the stress for microfinance companies

Spandana Sphoorty Financial share price surged 15% in morning trade on January 8, following a 20% increase the previous day.

Incred Equities releases 24 high conviction picks post election results, sees upside in Globus Spirits, BCL Industries, Spandana Sphoorty Financial, Cyient DLM, Skipper.

Q4 results today: UltraTech Cement, Trent, UCO Bank, KPIT Technologies, Poonawalla Fincorp, Tata Chemicals, Gillette India, PNB Housing Finance, Birlasoft, KFin Technologies, Can Fin Homes, Shoppers Stop, Spandana Sphoorty Financial, among others will announce their Q4 earnings today.

Indian stock market began 2024 on a high base and hence, analysts believe, it may be difficult to expect a similar performance by the time 2024 ends.

Managing director and chief executive Shalabh Saxena refuted all rumors about the sale of Spandana to Yes Bank.

Spandana Q1 Results: The total income of the Spandana Sphoorty Financial Limited jumped 104% (YoY) to ₹ 527 crore during Q1FY24 from ₹ 259 crore