Magma Fincorp is currently trading at Rs. 171.65, down by 1.75 points or 1.01% from its previous closing of Rs. 173.40 on the BSE.
The scrip opened at Rs. 171.50 and has touched a high and low of Rs. 175.00 and Rs. 168.90 respectively. So far 34049 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 191.40 on 19-Sep-2017 and a 52 week low of Rs. 86.50 on 09-Nov-2016.
Last one week high and low of the scrip stood at Rs. 191.40 and Rs. 168.90 respectively. The current market cap of the company is Rs. 4111.49 crore.
The promoters holding in the company stood at 27.75%, while Institutions and Non-Institutions held 49.87% and 22.39% respectively.
Leapfrog Financial Inclusion India Holdings has sold 53 lakh shares of Magma Fincorp. The company has sold 16 lakh shares at Rs 180.09 on the NSE and sold 37 lakh shares at Rs 180.06 on the BSE on September 20, 2017.
However, HSBC Global Investment Fundasia EX Japan Equity Smaller Companies has bought 22.29 lakh shares of the company at Rs 180.17 on the same day.
Magma Fincorp is a non-deposit taking NBFC registered with the Reserve Bank of India (RBI) as an asset finance company. It started operations two decades back and is now listed on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).
| Company Name | CMP |
|---|---|
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| Shriram Finance | 1036.50 |
| Aditya Birla Capital | 340.20 |
| Chola Invest & Fin. | 1579.65 |
| Tata Capital | 337.60 |
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