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India Finsec shines on making investment of Rs 2.84 crore in subsidiary

27 Nov 2018 Evaluate

India Finsec is currently trading at Rs. 58.50, up by 2.50 points or 4.46% from its previous closing of Rs. 56.00 on the BSE.

The scrip opened at Rs. 58.50 and has touched a high and low of Rs. 58.50 and Rs. 58.50 respectively. So far 100 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 58.00 on 05-Nov-2018 and a 52 week low of Rs. 21.00 on 18-Dec-2017.

Last one week high and low of the scrip stood at Rs. 58.50 and Rs. 55.90 respectively. The current market cap of the company is Rs. 139.67 crore.

The promoters holding in the company stood at 39.42%, while Non-Institutions held 60.58% stake in the company.

India Finsec has made an investment of Rs 2.84 crore in IFL Housing Finance, subsidiary of the company, via purchase of 28,40,000 equity shares at rate of Rs 10 each through right issue on November 24, 2018.

India Finsec is an India-based non-banking financial company (NBFC). The company’s principal activities include providing finance and dealing in shares and securities. The company is engaged in the business of financing, inter corporate deposits, advancing short term loans etc.

India Finsec Share Price

184.90 -0.25 (-0.14%)
17-Apr-2026 16:59 View Price Chart
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