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Spandana Sphoorty Financial share price surged up to 3.82 per cent at Rs 615 per share intraday on the BSE
Business Standard

Business Standard

Spandana Sphoorty shares gain 4% on plans to sell loans, stressed assets

Spandana Sphoorty Financial share price surged up to 3.82 per cent at Rs 615 per share intraday on the BSE

Tue, Sep 24, 2024

Spandana Sphoorty Financial has sold stressed loans worth Rs 304.41 crore to an asset reconstruction firm for Rs 16.74 crore. The sale, approved by the board, includes written-off loans and was conducted through an open bid method. The company's gross non-performing assets ratio rose to 2.6% as of June-end, impacting its net profit.
The Economic Times

The Economic Times

Spandana Sphoorty Financial sells Rs 304.41 crore of stressed loans for Rs 16.74 crore

Spandana Sphoorty Financial has sold stressed loans worth Rs 304.41 crore to an asset reconstruction firm for Rs 16.74 crore. The sale, approved by the board, includes written-off loans and was conducted through an open bid method. The company's gross non-performing assets ratio rose to 2.6% as of June-end, impacting its net profit.

Tue, Sep 24, 2024

Shares of Spandana Sphoorty Financial Ltd ended at ₹592.35, down by ₹11.20, or 1.86% on the BSE.
CNBC TV18

CNBC TV18

Spandana Sphoorty Financial sells ₹304.41 crore stressed loan portfolio for ₹16.74 crore

Shares of Spandana Sphoorty Financial Ltd ended at ₹592.35, down by ₹11.20, or 1.86% on the BSE.

Mon, Sep 23, 2024

Following shares hit their 52 week low today - Landmark Cars, Creditaccess Grameen, Spandana Sphoorty Financial, Kolte Patil Developers, Equitas Small Finance Bank
Mint

Mint

Landmark Cars, Creditaccess Grameen & others hit 52 week low today ;Check the full list here?

Following shares hit their 52 week low today - Landmark Cars, Creditaccess Grameen, Spandana Sphoorty Financial, Kolte Patil Developers, Equitas Small Finance Bank

Wed, Aug 14, 2024