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Fusion Micro Finance Ltd (FUSION)

₹460.252.38%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Fusion Micro Finance Ltd share Performance

  • ₹457.5
    ₹477.8
    ₹460.25
    downward going graph

    0.60%

    Low

    Day's Volatility:4.41%

    High

    3.81%

    downward going graph
  • ₹440.4
    ₹691
    ₹460.25
    downward going graph

    4.31%

    Low

    52 Weeks Volatility:54.45%

    High

    50.14%

    downward going graph
1 Month Return-10.18 %
3 Month Return-17.79 %
1 Year Return-10.42 %
Previous Close₹471.45
Open₹472.00
Volume4.84L
Upper Circuit-
Lower Circuit-
Market Cap₹4,744.24Cr

Analyst Rating

based on 11 analysts

BUY
90.91%
Buy
9.09%
Hold
0.00%
Sell

Based on 11 analysts offering long term price targets for Fusion Micro Finance Ltd. An average target of ₹664.73

Source: S&P Global Market Intelligence

Company Information

Fusion Micro Finance Ltd. was incorporated in New Delhi, India in 1994 as Ambience Fincap Private Limited, and in 2010 changed its name and received a certificate of registration from the RBI as a non-banking financial company (NBFC). The company is a microfinance provider, dedicating itself to empowering underserved women in India, providing them access to greater economic opportunities. Registered as a public limited company in 2021, Fusion Micro Finance had the fourth fastest growth in gross loan portfolio CAGR (53.89) of the 10 largest NBFCMFIs in India and was one of the youngest companies in terms of AUM (Rs. 73890.23 million, Rs. 67859.71 million, Rs. 46378.39 million, and Rs. 36065.24 million, respectively, as of June 2020, 2021, and 2022). With 2.90 million active borrowers, Fusion Micro Finance is served by 966 branches and 9,262 permanent employees across 377 districts of 19 states in India. The company offers income generation and cross-sell loans to its customers, as well as MSME loans, with loan proceeds used to fund businesses in sectors such as agriculture, manufacturing, retail, and services. In November 2022, Fusion Micro Finance came out with a public issue, raising Rs. 1103.99 crores for a Rs. 600 crores fresh issue and offer for sale of Rs. 503.99 crores.

Share Price: ₹460.25 per share as on 24 May, 2024 04:01 PM
Market Capitalisation: ₹4,744.24Cr as of today
Listing date: 15 Nov, 2022
OrganisationFusion Micro Finance Ltd
HeadquartersGurgaon
IndustryFinance
E-voting on sharesClick here to vote

Key events for Fusion Micro Finance Ltd

  • Fusion Micro Finance Reports Strong Q4 Results and Secures $25 Million Loan Agreement - 21 May, 2024

    Fusion Micro Finance reported a 16% YoY rise in net profit for Q4, supported by business expansion and higher earnings. The microfinancier also secured a loan agreement with the United States International Development Finance Corporation (DFC) for an overall facility of $25 million, which will be used to expand its operations.

  • Fusion Micro Finance Secures $25 Million Loan from DFC - 20 May, 2024

    Fusion Micro Finance has secured a loan facility of $25 million from the United States International Development Finance Corporation (DFC) to expand its business operations and advance financial inclusion among rural women entrepreneurs. The microfinance lender has received an initial disbursement of $20 million as external commercial borrowing (ECB). This partnership will strengthen Fusion Micro Finances' financial position, enhance its credibility and reputation within the global development financial landscape, and drive positive social change and economic development in underserved communities.

  • Fusion Micro Finance Reports Strong Financial Results - 17 May, 2024

    Fusion Micro Finance reports a 28.97% YoY increase in net sales, with quarterly net profit up by 15.86%. The company's EPS has also increased from Rs. 12.81 to Rs. 13.20. However, the stock has given negative returns of -20.17% over the last six months.

  • Analysts Recommend Buying Fusion MicroFinance Despite Elevated LLP - 09 May, 2024

    Fusion Micro Finance reported strong earnings but elevated credit costs. Analysts recommend buying the stock with a target price range of INR 605-700.

  • Fusion Micro Finance Reports Strong FY 2024 Earnings - 08 May, 2024

    Fusion Micro Finance reported a strong full-year 2024 earnings report, with an EPS of ₹50.30 and revenue growth of 34%. The company's shares are down 5.8% from a week ago, but valuation analysis suggests it could be undervalued. Looking ahead, the company is forecasted to grow at a faster rate than the Consumer Finance industry in India.

  • Fusion Micro Finance Reports Strong Q4 Results - 07 May, 2024

    Fusion MicroFinance reported a 16% YoY rise in Q4 net profit at Rs 133 crore, supported by business expansion and higher earnings. The lender is targeting 25% growth in AUM and expects NIM to stabilise between 11.75% to 12% during April-March 2024-25.

Fundamentals of Fusion Micro Finance Ltd

Insights on Fusion Micro Finance Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 15.76% to 16.42% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 57.70% to 57.71% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 12.26% to 12.64% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 74.3% return, outperforming this stock by 84.7%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 6.74% to 5.97% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, FUSION stock has moved down by -19.4%

Mutual Fund Holdings

Funds Holdings
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.5%
HDFC Multi Cap Fund Direct GrowthHDFC Multi Cap Fund Direct Growth0.67%
Aditya Birla Sun Life Small Cap Fund Direct Plan GrowthAditya Birla Sun Life Small Cap Fund Direct Plan Growth1.32%
Mirae Asset ELSS Tax Saver Fund -Direct Plan-GrowthMirae Asset ELSS Tax Saver Fund -Direct Plan-Growth0.25%
HDFC Banking & Financial Services Fund Direct GrowthHDFC Banking & Financial Services Fund Direct Growth1.44%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
57.71%
0.00
Foreign Institutions
5.97%
0.00
Mutual Funds
16.42%
0.00
Retail Investors
12.64%
0.00
Others
7.26%
0.00

Technicals of Fusion Micro Finance Ltd share

News & Events of Fusion Micro Finance Ltd

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Fusion Micro Finance Ltd (FUSION) share price today is ₹460.25

Fusion Micro Finance Ltd is listed on NSE

Fusion Micro Finance Ltd is listed on BSE

  • Today’s highest price of Fusion Micro Finance Ltd is ₹477.8.
  • Today’s lowest price of Fusion Micro Finance Ltd is ₹457.5.

Today’s traded volume of Fusion Micro Finance Ltd(FUSION) is 4.84L.

Today’s market capitalisation of Fusion Micro Finance Ltd(FUSION) is ₹4744.24Cr.

Fusion Micro Finance Ltd(FUSIONPrice
52 Week High
₹691
52 Week Low
₹440.4

Fusion Micro Finance Ltd(FUSION) share price is ₹460.25. It is down -33.39% from its 52 Week High price of ₹691

Fusion Micro Finance Ltd(FUSION) share price is ₹460.25. It is up 4.51% from its 52 Week Low price of ₹440.4

Fusion Micro Finance Ltd(FUSIONReturns
1 Day Returns
-11.2%
1 Month Returns
-10.18%
3 Month Returns
-17.79%
1 Year Returns
-10.42%