Religare Enterprises is currently trading at Rs. 254.00, up by 2.40 points or 0.95 % from its previous closing of Rs. 251.60 on the BSE.
The scrip opened at Rs. 254.05 and has touched a high and low of Rs. 254.05 and Rs. 254.00 respectively. So far 50 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 325.00 on 28-Dec-2015 and a 52 week low of Rs. 221.05 on 15-Nov-2016.
Last one week high and low of the scrip stood at Rs. 260.00 and Rs. 250.40 respectively. The current market cap of the company is Rs. 4529.70 crore.
The promoters holding in the company stood at 50.93%, while Institutions and Non-Institutions held 20.93% and 28.14% respectively.
Religare Enterprises has concluded the acquisition of remaining 24.82% stake in Religare Arts Initiative (RAIL) from the minority shareholder. Consequently, RAIL has now become a wholly owned subsidiary of the company. Earlier, in October 2016, the company’s board had approved for acquisition of remaining 24.82% stake in RAIL.
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.
