Spandana Sphoorty Financial Limited (SPANDANA.NS)
Spandana Sphoorty Financial Limited operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in Hyderabad, TS, IN. The stock last traded at $251.00, up 2.45% on the session, giving a market capitalisation of $17.90B. Its beta of 0.37 implies it has historically moved less than the broad market.
Spandana Sphoorty Financial Limited operates as a microfinance institution throughout India, providing essential financial services. The company offers a wide array of loan products, including income generation loans specifically designed for low-income households. Its offerings encompass personal loans for diverse needs such as business development, purchasing livestock, or funding home construction and renovations. Furthermore, Spandana Sphoorty furnishes loans secured by property, gold loans to support agriculture, business ventures, and immediate liquidity requirements, alongside general business and interim financing options. A key focus is also placed on providing loans for women, enabling them to expand their income-generating activities, manage household cash flows more effectively, and acquire productive assets. Serving low-income customers predominantly in semi-urban and rural areas, the company maintains an extensive network of approximately 982 branches. Spandana Sphoorty Financial Limited was established in 1998 and is headquartered in Hyderabad, India.
Spandana Sphoorty Financial Limited is most often compared with the following Financial Services names: