India Infoline is currently trading at Rs. 63.65, up by 2.25 points or 3.66 % from its previous closing of Rs. 61.40 on the BSE.
The scrip opened at Rs. 62.00 and has touched a high and low of Rs. 64.65 and Rs. 61.50 respectively. So far 59212 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 90.90 on 07-Jan-2013 and a 52 week low of Rs. 40.00 on 01-Aug-2013.
Last one week high and low of the scrip stood at Rs. 64.50 and Rs. 60.00 respectively. The current market cap of the company is Rs. 1882.71 crore.
The promoters holding in the company stood at 31.16 % while Institutions and Non-Institutions held 42.39 % and 26.45 % respectively.
India Infoline is planning to divest 76% stake in its Sri Lankan subsidiary namely IIFL Securities Ceylon engaged in stock broking activities at Colombo Stock Exchange to its Sri Lankan joint venture partner who is holding 24% stake for a total consideration of Sri Lankan rupee 50 million.
This is subject to the necessary approvals from the regulatory authorities in Sri Lanka and India and other terms and conditions. In this regard, both the parties have entered into agreement and set the timeline of March 31, 2014 for the conclusion of the sale.
India Infoline offers financial services ranging from equities, derivatives, commodities, wealth management, asset management, insurance, fixed deposits, loans, investment banking, GoI bonds and other small savings instruments.
Company Name | CMP |
---|---|
Bajaj Finserv | 1570.40 |
Paul Merchants | 926.65 |
IIFL Finance | 406.65 |
Altius Telecom Infra | 151.00 |
Embassy Office Parks | 365.40 |
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