Sakthi Finance is currently trading at Rs. 13.60, up by 0.21 points or 1.57% from its previous closing of Rs. 13.39 on the BSE.
The scrip opened at Rs. 13.39 and has touched a high and low of Rs. 13.99 and Rs. 13.00 respectively. So far 9039 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 20.20 on 29-Mar-2019 and a 52 week low of Rs. 11.95 on 02-Aug-2019.
Last one week high and low of the scrip stood at Rs. 15.56 and Rs. 12.44 respectively. The current market cap of the company is Rs. 68.00 crore.
The promoters holding in the company stood at 64.21%, while Institutions and Non-Institutions held 0.01% and 35.77% respectively.
Sakthi Finance has raised Rs 25 crore through the allotment of 1,47,05,882 equity shares, face value of Rs 10 each on preferential basis at Rs 17 per equity share, which includes a premium of Rs 7 per equity share.
Consequently, the issued, subscribed and paid-up equity share capital of the Company stands increased from 50,00,00,000 to 64,70,58,820.
Sakthi Finance provides a wide variety of loans for cars, commercial vehicles, plant machinery and equipment are available and it is one of the first companies to introduce used vehicle financing.
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