Edelweiss Financial Services is currently trading at Rs. 53.05, up by 0.10 points or 0.19% from its previous closing of Rs. 52.95 on the BSE.
The scrip opened at Rs. 53.10 and has touched a high and low of Rs. 53.50 and Rs. 52.70 respectively. So far 531803 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 100.80 on 14-Jul-2021 and a 52 week low of Rs. 50.40 on 07-Mar-2022.
Last one week high and low of the scrip stood at Rs. 56.55 and Rs. 52.70 respectively. The current market cap of the company is Rs. 4998.42 crore.
The promoters holding in the company stood at 32.63%, while Institutions and Non-Institutions held 34.89% and 32.48% respectively.
Edelweiss Financial Services’ subsidiary-- Edelweiss Housing Finance (EHFL) has partnered with the country's largest lender State Bank of India (SBI) for co-lending towards priority sector home loans to self-employed entrepreneurs and salaried customers. This alliance will leverage the combined reach of both the partners in tier II and tier III markets to ensure timely disbursal of housing credit to customers.
Under the partnership, both the companies will share risks and rewards involved in the lending business. It aims to create a conducive lending environment for Indians to fulfil their ambition of homeownership
Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.
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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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