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Golden Goenka gains on getting nod for disinvestment of shares of Aristro Capital Markets

20 Jan 2017 Evaluate

Golden Goenka Fincorp is currently trading at Rs. 5.15, up by 0.16 points or 3.21% from its previous closing of Rs. 4.99 on the BSE.

The scrip opened at Rs. 5.00 and has touched a high and low of Rs. 5.15 and Rs. 5.00 respectively. So far 6588 shares were traded on the counter.

The BSE group 'XD' stock of face value Rs. 5 has touched a 52 week high of Rs. 5.85 on 13-Jan-2017 and a 52 week low of Rs. 3.00 on 30-Sep-2016.

Last one week high and low of the scrip stood at Rs. 5.85 and Rs. 4.40 respectively. The current market cap of the company is Rs. 95.12 crore.

The promoters holding in the company stood at 50.64%, while non-institutions held 49.36% stake in the company.

Golden Goenka Fincorp has received its board’s approval for disinvestment of the entire shares of one of its wholly owned subsidiary viz, Aristro Capital Markets to one or more entities subjected to the Shareholders approval vide Postal Ballot. The company’s board gave approval for the same at its meeting held on January 19, 2017.

Golden Goenka Fincorp is in the business of share investment, assets financing, investment banking, equipment lease and finance and bill discounting for reputed companies.

 

Peers
Company Name CMP
Bajaj Finance 1009.00
Shriram Finance 1006.00
Aditya Birla Capital 396.95
Tata Capital 341.00
Chola Invest & Fin. 1761.00
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