Sammaan Capital shares gain 25% in six consecutive days of gains — Here's why

Shares of Sammaan Capital Ltd. gained another 5% on Wednesday, October 1, extending their gains up to 25% in six consecutive sessions. The last time it gained for six trading sessions in a row, was between June 5 to June 18, 2024, during which it gained for nine trading sessions.

In a separate exchange filing, the company said that its board will meet on Thursday, October 2, to consider and evaluate fund raising proposals via issue of equity securities or any other convertible or exchangeable securities.

On Monday, the stock gained over 10% after ICICI Prudential Mutual Fund bought 42 lakh shares of the company in bulk deals at an average price of ₹151.95 apiece.

Sammaan Capital recently appointed Himanshu Mody as its deputy CEO, with effect from September 4.

In the financial year 2027, the company is looking at its legacy book to be a single-digit contributor in terms of the overall assets under management compared to 37% at the moment.

The assets under management are set to reach ₹1 lakh crore in financial year 2027 compared to the first quarter of FY26's figure of ₹62,378 crore, as per the company. This implies a 27% compounded annual growth rate (CAGR).

The management is also expecting its credit cost to remain around 1% on a steady state basis. The calculated credit cost for the June quarter were 3%.

Sammaan Capital ended the month of September with gains of 29%, which turned out to be the best month for the stock, not just in calendar year 2025, but also since August 2023.

Shares of Sammaan Capital ended 4.8% higher on Wednesday at ₹168.55. The stock remains in the F&O ban, which means no new positions can be created in the stock.

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