Magma Fincorp is currently trading at Rs. 176.40, up by 0.50 points or 0.28% from its previous closing of Rs. 175.90 on the BSE.
The scrip opened at Rs. 175.95 and has touched a high and low of Rs. 178.75 and Rs. 173.90 respectively. So far 10242 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 191.40 on 19-Sep-2017 and a 52 week low of Rs. 118.25 on 09-May-2017.
Last one week high and low of the scrip stood at Rs. 178.40 and Rs. 170.05 respectively. The current market cap of the company is Rs. 4813.50 crore.
The promoters holding in the company stood at 27.74%, while Institutions and Non-Institutions held 51.79% and 20.47% respectively.
Magma Fincorp has received approval from National Company Law Tribunal (NCLT), Kolkata Bench for the merger of the company’s wholly Owned Subsidiary -- Magma ITL Finance (MITL) with itself. The said merger will have no effect on the management and shareholding pattern of the company.
Magma Fincorp is a non-deposit taking NBFC registered with the Reserve Bank of India (RBI) as an asset finance company. It started operations two decades back and is now listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
Company Name | CMP |
---|---|
Bajaj Finance | 8272.80 |
Shriram Finance | 632.45 |
Aditya Birla Capital | 157.20 |
SBI Cards AndPayment | 840.55 |
Mah & Mah Finl. Serv | 269.55 |
View more.. |