SKS Microfinance is currently trading at Rs. 512.50, up by 2.30 points or 0.45% from its previous closing of Rs. 510.20 on the BSE.
The scrip opened at Rs. 514.60 and has touched a high and low of Rs. 517.95 and Rs. 508.95 respectively. So far 76606 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 525.00 on 08-Apr-2015 and a 52 week low of Rs. 249.50 on 11-Jul-2014.
Last one week high and low of the scrip stood at Rs. 517.95 and Rs. 462.10 respectively. The current market cap of the company is Rs. 6480.14 crore.
The promoters holding in the company stood at 9.25% while Institutions and Non-Institutions held 61.56% and 29.19% respectively.
SKS Microfinance has issued Commercial Papers of an aggregate amount of Rs 100 crore on July 06, 2015, which has been rated ‘A1+’ by a leading rating agency. The aggregate Commercial Paper outstanding as on date is Rs 375 crore.
Instruments with the aforesaid rating are considered to have a very strong degree of safety regarding timely payment of financial obligations. Such instruments carry the lowest credit risk.
SKS Microfinance is a non-banking finance company (NBFC), registered and regulated by the Reserve Bank of India, whose mission is to provide financial services to low-income households. SKS operates across 16 states of India.
