Equitas Holdings is currently trading at Rs. 132.00, up by 3.70 points or 2.88% from its previous closing of Rs. 128.30 on the BSE.
The scrip opened at Rs. 129.00 and has touched a high and low of Rs. 132.50 and Rs. 129.00 respectively. So far 23188 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 173.40 on 18-May-2018 and a 52 week low of Rs. 105.75 on 08-Oct-2018.
Last one week high and low of the scrip stood at Rs. 132.50 and Rs. 105.75 respectively. The current market cap of the company is Rs. 4376.82 crore.
The Institutions holding in the company stood at 62.01%, while Non-Institutions held 37.99%.
Equitas Holdings' subsidiary -- Equitas Small Finance Bank (SFB) has introduced facial recognition-based authentication in its mobile banking app. Equitas is the first SFB to introduce facial recognition for customers to login to their mobile banking app. This eliminates the need to remember complicated passwords or MPIN.
The Bank has been working on technology as a key driver of growth and has a roadmap to progress towards this. The bank has invested over Rs 150 crore in digitization, information security, cyber security and customer facing apps to make it easy for customers.
Equitas Holdings is a diversified financial services provider focused on individuals and micro and small enterprises (MSEs) that are underserved by formal financing channels.
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