Spandana Sphoorty

In April this year, Shalabh Saxena quit the company and stepped down as MD & CEO with immediate effect. Ashish Damani, the then CFO, was elevated as interim CEO.

Neutral Spandana Sphoorty; target of Rs 280: Motilal Oswal

Motilal Oswal recommended Neutral rating on Spandana Sphoorty with a target price of Rs 280 in its research report dated November 01, 2025.

Buy Spandana Sphoorty; target of Rs 280: Motilal Oswal

Motilal Oswal is bullish on Spandana Sphoorty recommended buy rating on the stock with a target price of Rs 280 in its research report dated August 16, 2025.

Buy Spandana Sphoorty; target of Rs 340: Motilal Oswal

Motilal Oswal is bullish on Spandana Sphoorty recommended buy rating on the stock with a target price of Rs 340 in its research report dated May 31, 2025.

Buy Spandana Sphoorty; target of Rs 395: Motilal Oswal

Motilal Oswal is bullish on Spandana Sphoorty has recommended buy rating on the stock with a target price of Rs 395 in its research report dated January 24, 2025.

Microfinance players buck subdued market; Spandana Sphoorty, CreditAccess, Fusion Micro skyrocket upto 18%

The Department of Financial Services is reportedly conducting a series of consultative meetings from January 7 to 16 with the Fintech and MFI sectors to address industry challenges and gather their feedback.

Spandana Sphoorty Financial shares soar 20% amid high volumes to see biggest single-day rise in 10 weeks

Spandana Sphoorty shares, however, are still 68% lower than their 52-week high of Rs 1,243.1

Moneycontrol Pro Interview | Keertana Finserv MD Padmaja Reddy points to a crisis brewing in microfinance

Reddy, who previously founded Spandana Sphoorty Financial Ltd warns that borrowers are severely over-leveraged, with more than 50 percent of borrowers having between 6 to 15 loans, with their EMIs far exceeding their household incomes

Spandana Sphoorty Financial shares rise 4% on sale of stressed loan portfolio for Rs 16.74 crore

The firm's board approved the sale of stressed loan portfolio, including written-off loans pool, with an outstanding value of Rs 304.41 crore for Rs 16.74 crore.

Buy Spandana Sphoorty; target of Rs 1075: Motilal Oswal

Motilal Oswal is bullish on Spandana Sphoorty has recommended buy rating on the stock with a target price of Rs 1075 in its research report dated April 30, 2024.

Buy Spandana Sphoorty; target of Rs 1361: Anand Rathi

Anand Rathi is bullish on Spandana Sphoorty has recommended buy rating on the stock with a target price of Rs 1361 in its research report dated April 29, 2024.

Spandana Sphoorty's net profit rises 22% to Rs 129 cr in Q4

The non-banking financial company and microfinance lender (NBFC-MFI) also reported its highest-ever net profit for FY24 at Rs 501 crore, a jump of over 4,000 percent from Rs 12 crore in the previous financial year

Buy Spandana Sphoorty; target of Rs 1400: Motilal Oswal

Motilal Oswal is bullish on Spandana Sphoorty recommended buy rating on the stock with a target price of Rs 1400 in its research report dated January 22, 2024.

Buy Spandana Sphoorty; target of Rs 1200: Motilal Oswal

Motilal Oswal is bullish on Spandana Sphoorty recommended buy rating on the stock with a target price of Rs 1200 in its research report dated December 12, 2023.

Spandana Sphoorty gains after Max Life, Kotak Mahindra Life acquire 3.2% stake

Spandana Sphoorty stock has given a return of 38.43 percent over the past six months against Nifty's 11.81 percent

Spandana Sphoorty trades 2% down after Rs 276-crore block deals

A total of 35.8 lakh shares, representing 5.5 percent equity capital, changed hands in the block deal window.

Buy Spandana Sphoorty; target of Rs 815: ICICI Securities

ICICI Securities is bullish on Spandana Sphoorty recommended buy rating on the stock with a target price of Rs 815 in its research report dated July 06, 2023.

Spandana Sphoorty rallies 4% on robust Q4 results

On a 3-year basis, i.e., ever since its listing on August 19, 2019 the Spandana Sphoorty stock has lost 19.73 percent of its value. Whereas the benchmark Nifty50 index has given a return of 83.45 percent.

RBI imposes monetary penalty on nine entities including Spandana Sphoorty

Other entities include Chhattisgarh Rajya Sahakari Bank Maryadit, Goa state cooperative bank, Garha Cooperative Bank and the Yavatmal Urban Cooperative Bank ltd.

Spandana Sphoorty posts net loss of Rs 220 crore for June quarter

Rural focussed micro-lender Spandana Sphoorty Financial had posted a net profit of Rs 55 crore in the corresponding period of the preceding fiscal.

Spandana Sphoorty's new MD opts for kitchen sinking, but Q4 financials worry analysts

After he is done with that process, the new chief of the microlender plans to increase the number of branches to 1,500 by FY25-end from 1,120 as of March 31.

Spandana Sphoorty net profit rises 50% to Rs 75 crore in March quarter

On May 30, Spandana had informed the stock exchanges about delay in submitting the financial results for the financial year ended March 31, 2022 as it was facing disruptions due to management-level problems.