Shares of Fino Payments Bank Increase 8% During Broader Market Gains

SUMMARY As of 2:01 PM, Fino Payments' stock had lost some of its gains but was still trading nearly 3% higher at INR 225.20 per share. At present, the market capitalization of the company is INR 1,888.96 Cr ($216.6 Mn). As of 12:48 PM, the Indian market indices are on a winning streak for the day, with the BSE Sensex up 0.18% at 74,468.63 and the Nifty 50 up 0.13% at 22,582.40.Fino Payments Bank's stock shot up over 8% to INR 236.20 per share during Monday's (March 10) intraday trading session on the BSE. But as of 2:01 PM, the stock had lost part of its gains and was trading over 3% higher at INR 225.20 per share. As of right now, the company's market capitalization was INR 1,888.96 Cr, or roughly $216 million.

The stock's surge coincided with an increase in other markets. At 12:48 PM, the Nifty 50 was up 0.13% at 22,582.40 and the BSE Sensex was up 0.18% at 74,468.63. It is important to remember that last week saw the biggest weekly increases in 2025 for Indian benchmark indices. Accordingly, most modern tech equities saw a positive finish to the previous week. Twenty-four of the thirty-two new-age tech stocks covered by Inc42 ended the week up between 0.30% and slightly less than 13%. Fino Payments Bank, on the other hand, has experienced volatility and has closed five of the previous ten trading sessions in the green.Under its employee stock option plan (ESOP), the company distributed 4,100 equity shares earlier this month. As of March 4, these shares were valued at INR 8.25 lakh.