Bharat Financial Inclusion is currently trading at Rs. 874.60, up by 11.95 points or 1.39% from its previous closing of Rs. 862.65 on the BSE.
The scrip opened at Rs. 860.00 and has touched a high and low of Rs. 884.75 and Rs. 860.00 respectively. So far 7,50,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 938.75 on 29-Jul-2016 and a 52 week low of Rs. 458.90 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 884.75 and Rs. 834.85 respectively. The current market cap of the company is Rs. 12,080.00 crore.
The promoters holding in the company stood at 1.66%, while Institutions and Non-Institutions held 80.45% and 17.88% respectively.
Bharat Financial Inclusion has launched Aadhaar-based instant and cashless loan disbursal. The company has commenced national roll-out of the process beginning with loans to members of joint liability groups in this village, which is about 60 km from Jaipur. This is based on a pilot we conducted in Odisha during September-December 2016. The complete roll-out across all the company’s locations in the country will be over by June 2017.
This is expected to benefit 66 lakh MUDRA loan beneficiaries nationally. The new process is based on adoption of digital technology with combined use of a tablet and dongle by loan officers for applicants with Aadhaar cards.
Bharat Financial Inclusion (formerly known as SKS Microfinance) is a non-banking finance company (NBFC), regulated by the Reserve Bank of India. The company's mission is to provide financial services to the poor under the premise that providing financial services to poor borrowers helps to alleviate poverty.
| Company Name | CMP |
|---|---|
| Bajaj Finance | 908.70 |
| Shriram Finance | 1036.50 |
| Aditya Birla Capital | 340.20 |
| Chola Invest & Fin. | 1579.65 |
| Tata Capital | 337.60 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: