Tata Capital shares rally 4% after Q1 profit surges 56%; AUM nears Rs 3 lakh crore

Tata Capital shares rose nearly 4% on Wednesday following a stellar Q1 FY27 performance. Consolidated net profit jumped 56% YoY to Rs 1,547 crore, while assets under management reached Rs 2.91 lakh crore. The NBFC also announced its strategic expansion into gold loans by acquiring an 88.6% stake in Yogloans.

from Economic Times https://ift.tt/wyHq5WN