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Inditrade Capital gains on deciding to execute MOU with Robocash

05 Dec 2018 Evaluate

Inditrade Capital is currently trading at Rs. 44.40, up by 0.05 points or 0.11% from its previous closing of Rs. 44.35 on the BSE.

The scrip opened at Rs. 45.00 and has touched a high and low of Rs. 45.00 and Rs. 44.40 respectively. So far 2754 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 97.15 on 01-Jan-2018 and a 52 week low of Rs. 39.30 on 29-Oct-2018.

Last one week high and low of the scrip stood at Rs. 46.95 and Rs. 43.00 respectively. The current market cap of the company is Rs. 103.57 crore.

The promoters holding in the company stood at 71.77%, while Institutions and Non-Institutions held 0.19% and 27.76% respectively.

Inditrade Capital has decided to execute a Memorandum of Understanding (MOU) with Robocash Pte (Robocash), a company incorporated under the laws of Singapore, engaged in the business of online and offline retail lending, for entering into a joint venture which will be engaged in online and offline consumer lending.

The Joint Venture (JV) aims to leverage the technology platform and global experience of Robocash to provide ‘payday loans’ to individuals in India.

Inditrade Capital (formerly known as JRG Securities) is engaged in equity and commodity broking businesses, with strong presence in South India.

Inditrade Capital Share Price

3.11 0.00 (0.00%)
13-Apr-2026 16:59 View Price Chart
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