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Reliance Capital is currently trading at Rs. 382.45, up by 3.40 points or 0.90% from its previous closing of Rs. 379.05 on the BSE.
The scrip opened at Rs. 380.40 and has touched a high and low of Rs. 384.40 and Rs. 373.50 respectively. So far 9, 65,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 508.00 on 07-Jan-2013 and a 52 week low of Rs. 297.05 on 26-Mar-2013.
Last one week high and low of the scrip stood at Rs. 387.10 and Rs. 342.15 respectively. The current market cap of the company is Rs. 9,394 crore.
The promoters holding in the company stood at 54.14% while Institutions and Non-Institutions held 25.29% and 20.37% respectively.
Reliance General Insurance Company (RGIC), part of Reliance Capital, has registered 25% increase in its Gross Written Premium at Rs 706 crore during Q1FY14. The Company recorded 110% growth in health insurance premium at Rs 169 crore in Q1FY14, up from Rs 81 crore in the same quarter last year. The total agency force of RGIC has been increased by 14 per cent in the April-June quarter of 2013-14 at 11,500 agents.
Reliance General Insurance has already posted net profits in the last two quarters of 2012-13 through sourcing of quality business, better pricing in the motor arid health segments, and enhanced retail agent force.
The Company expects to achieve a positive bottom line in Q1FY14 as well, as against the loss in ttie corresponding quarter last financial year. During the first quarter, Reliance General Insurance enrolled more than 10 million lives in Kerala under the state government’s prestigious Rashtriya Swasthya Bima Yojana (RSBY).This is the highest in any such scheme, and with a coverage ratio at over 85 per cent of the specified target group. The Company has also started covering Kharif crop in three different states under the crop insurance scheme.
Reliance Life Insurance Company, associate of Reliance Capital, is one of India’s top private sector life insurance companies with business premium, including renewal of over Rs 4015 crore for the year ended March 31,2013.
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| Aditya Birla Capital | 205.80 |
| SBI Cards AndPayment | 693.90 |
| Mah & Mah Finl. Serv | 273.15 |
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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