Religare Enterprises is currently trading at Rs. 281.50, up by 3.50 points or 1.26% from its previous closing of Rs. 278.00 on the BSE.
The scrip opened at Rs. 280.00 and has touched a high and low of Rs. 282.00 and Rs. 275.60 respectively.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 327.05 on 30-Jul-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. 294.00 and Rs. 271.60 respectively. The current market cap of the company is Rs. 5,020.12 crore.
The promoters holding in the company stood at 50.93%, while Institutions and Non-Institutions held 22.63% and 26.44% respectively.
Religare Enterprises’ wholly-owned subsidiary - Religare Global Asset Management Inc., USA, has completed its exit from Northgate Capital LLC and Northgate Capital LP, a US based affiliates. The transaction was closed on July 22, 2016 following the receipt of all required approvals.
In April, this year, the company had entered into a definitive agreement to divest its stake in Northgate Capital LLC and Northgate Capital LP, US based affiliates, which were part of its alternatives, focused global asset management business, and their subsidiaries (Northgate).
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.
