SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Magma Fincorp to increase focus on vehicle loans in Andhra Pradesh, Telangana

12 Sep 2014 Evaluate

Magma Fincorp is planning to increase its focus on vehicle loans in Andhra Pradesh and Telangana. The company is targeting 20% growth in FY15 by increasing its disbursal of cars and tractors.

The company disbursed Rs 562 crore in the two States during the financial year ended March 31, 2014. It has 24 branches in Andhra and Telangana and would consolidate business rather than expanding them this year.

Magma Fincorp is a non-deposit taking non-banking finance company (NBFC), registered with the Reserve Bank of India (RBI) as an asset finance company. The company, having started operations over two decades back, is listed on the Bombay Stock Exchange and the National Stock Exchange in India.

Poonawalla Fincorp Share Price

418.05 -0.50 (-0.12%)
21-Apr-2026 11:35 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×