Ace investor Radhakishan Damani picks stake in this NBFC stock

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AI summary

Ace investor Radhakishan Damani has acquired 2.63 million shares in NBFC Sundaram Finance for about Rs 1,163 crore, having held no stake in the prior two quarters. The company posted strong FY26 results with net profit rising to Rs 2,058.9 crore from Rs 1,879.4 crore and AUM growing 16.4 percent to Rs 59,908 crore.