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Repco Home Finance shines on inking corporate agency agreement

07 Jan 2019 Evaluate

Repco Home Finance is currently trading at Rs. 412.80, up by 17.80 points or 4.51% from its previous closing of Rs. 395.00 on the BSE.

The scrip opened at Rs. 395.50 and has touched a high and low of Rs. 416.00 and Rs. 395.50 respectively. So far 34095 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 739.00 on 08-Jan-2018 and a 52 week low of Rs. 292.50 on 19-Oct-2018.

Last one week high and low of the scrip stood at Rs. 416.00 and Rs. 384.65 respectively. The current market cap of the company is Rs. 2568.14 crore.

The promoters holding in the company stood at 37.13%, while Institutions and Non-Institutions held 48.17% and 14.70% respectively.

Repco Home Finance has signed a corporate agency agreement with Kotak Mahindra General Insurance Company and Kotak Mahindra Life Insurance Company. The company has signed agreement for the purpose of distribution of insurance their products.

Repco Home Finance is into the business of providing long term loan financing for Residential purposes in India.

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