Satin Creditcare Network is currently trading at Rs. 274.00, up by 13.35 points or 5.12% from its previous closing of Rs. 260.65 on the BSE.
The scrip opened at Rs. 265.55 and has touched a high and low of Rs. 283.25 and Rs. 262.30 respectively. So far 10221 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 458.00 on 08-Mar-2018 and a 52 week low of Rs. 183.00 on 16-Nov-2018.
Last one week high and low of the scrip stood at Rs. 283.25 and Rs. 230.00 respectively. The current market cap of the company is Rs. 1339.97 crore.
The promoters holding in the company stood at 26.73% while Institutions and Non-Institutions held 38.65% and 34.62% respectively.
Satin Creditcare Network has allotted 250 Rated, Secured, Un-Listed, Senior, Taxable, Transferable, Non-Convertible Debentures (NCDs) of Rs 10,00,000 each aggregating to Rs 25,00,00,000. The Working Committee of the company vide their resolution dated February 27, 2019, has allotted the same.
Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.
