Piramal Finance slides 4.83% after Q1 FY27 profit jumps 67% to ₹461 crore
AI Market Summary
Piramal Finance reported strong Q1 FY27 results, including sharply higher profit, faster retail AUM growth and improved efficiency, while asset quality stayed broadly stable despite a small uptick in select mortgage delinquencies. The stock still fell nearly 5% on profit-taking and broader risk sentiment, highlighting valuation sensitivity and mixed near-term positioning. Brokerages largely reiterated bullish views, and the board approved a potential ₹4,000 crore fund-raise.
Impact level
● Low
Affected assets
NCCOGOLD2USD/USDT+1.73%
AI Insight · NCCOGOLD2USD/USDTAI Insight
● Neutral
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Piramal Finance reported Q1 FY27 results showing consolidated profit after tax up 67% year on year to ₹461 crore, while AUM rose to ₹1,06,940 crore with retail AUM up 32% to ₹91,249 crore. Net interest income increased 43% and the cost-to-income ratio improved to 52.5%, while gross NPA stood at 2.4% and the company said a small rise in South India IT-salaried mortgage delinquencies was not systemic. Even so, the stock fell 4.83% the next day, while several brokerages maintained Buy ratings and raised target prices.
