Poonawalla Fincorp hits 5% lower circuit for second day as MD resigns

Shares of Poonawalla Fincorp (formerly Magma Fincorp) were locked in the lower circuit for the second straight day, down 5 per cent at Rs 163.55 on the BSE on Friday, after resignation of Abhay Bhutada, managing director (MD) of the company. The stock of…

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