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.
Motilal Oswal recommended Neutral rating on Spandana Sphoorty with a target price of Rs 280 in its research report dated November 01, 2025.
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.
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.
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.
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 shares, however, are still 68% lower than their 52-week high of Rs 1,243.1
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.
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.
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.
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
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.
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 stock has given a return of 38.43 percent over the past six months against Nifty's 11.81 percent
A total of 35.8 lakh shares, representing 5.5 percent equity capital, changed hands in the block deal window.
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.