Stock of the day: Findi Limited
Findi’s A$75.7 million acquisition of Tata Communications Payment Solutions marks a strategic entry into India’s growing economy, boosting financial outlook and investment opportunities.
(AI video summary)
This video was created on 15 November for IG audiences by ausbiz.
ASX code: FND
Findi’s market expansion
Findi Limited, a payment services company, recently announced its expansion into India through the acquisition of Tata Communications Payment Solutions for A$75.7 million. This strategic move is expected to enhance Findi's market position by tapping into India's growing economy. The acquisition is projected to contribute earnings between A$5 to A$7 million for the fiscal year (FY) 2026, with a profit after tax between A$2 to A$4 million.
This news has positively impacted Findi's stock, which saw a 12% increase. Such corporate actions illustrate how companies leverage acquisitions to expand their market reach and improve financial performance, providing traders with potential investment opportunities.
India’s growth potential
India’s economy offers significant growth potential, making it attractive to investors. Unlike many developed nations, India is projected to experience workforce growth until 2050, positioning it as a major player on the global stage. With a growing middle class and increasing consumer spending, India presents promising opportunities for companies like Findi.
However, traders should approach this market with caution, given its high valuation and rapid shifts. Balancing these factors is essential for making well-informed investment decisions.
Understanding market dynamics: ASX 200 and US volatility
Financial markets are constantly shifting due to various factors, including geopolitical events and corporate earnings reports. To make informed decisions, traders need to stay updated.
For instance, the ASX 200 and United States (US) markets frequently react to inflation data and Federal Reserve (Fed) announcements, creating volatility.
During the US earnings season, stock prices often fluctuate as companies report their results, presenting both risks and opportunities for traders.
The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication. Although we are not specifically constrained from dealing ahead of our recommendations we do not seek to take advantage of them before they are provided to our clients. See full non-independent research disclaimer.
Explore the markets with our free course
Learn how shares work – and discover the wide range of markets you can trade CDFs on – with IG Academy's free ’introducing the financial markets’ course.
Put learning into action
Try out what you’ve learned in this shares strategy article risk-free in your demo account.
Ready to trade shares?
Put the lessons in this article to use in a live account – upgrading is quick and easy.
- Trade over 12 000 popular global stocks
- Protect your capital with risk management tools
- React to breaking news with out-of-hours trading on 70 key US stocks
Inspired to trade?
Put your new knowledge into practice. Log in to your account now.
Live prices on most popular markets
- Forex
- Shares
- Indices
Prices above are subject to our website terms and agreements. Prices are indicative only. All shares prices are delayed by at least 15 mins.
