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Explained: Why Magma Fincorp share hit 5% upper circuit today

It has gained 921 per cent in the last 12 months and risen 256 per cent since the beginning of this year.

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Magma Fincorp appoints Adar Poonawalla as chairman

Magma Fincorp also said that Vijay Deshwal, a seasoned banker with a track record of over two decades, will take charge as the company s CEO from the first week of July.

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