Religare Enterprises is currently trading at Rs. 278.00, up by 0.75 points or 0.27% from its previous closing of Rs. 277.25 on the BSE.
The scrip opened at Rs. 280.00 and has touched a high and low of Rs. 285.00 and Rs. 278.00 respectively.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 387.00 on 30-Apr-2015 and a 52 week low of Rs. 255.95 on 24-Nov-2015.
Last one week high and low of the scrip stood at Rs. 285.00 and Rs. 268.10 respectively. The current market cap of the company is Rs. 4,957.00 crore.
The promoters holding in the company stood at 50.93% while Institutions and Non-Institutions held 23.00% and 26.07% respectively.
Religare Enterprises (REL) has entered into a definitive agreement to divest its stake in Landmark Partners LLC, and certain of its subsidiaries (Landmark). REL holds its stake in Landmark through its US based step-down subsidiary, Religare Global Asset Management Inc. The closing of the transactions is subject to customary conditions including necessary regulatory approval processes. The transaction is expected to be completed by June 30, 2016.
Religare Enterprises is one of India’s leading diversified financial services groups. It offers an integrated suite of financial services including asset management, life and health insurance, lending, broking, investment banking, and wealth management.
