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Morgan Stanley Asia acquires around 10.04 lakh equity shares of Satin Creditcare Network

24 Mar 2020 Evaluate
Morgan Stanley Asia (Singapore) Pte has acquired around 10.04 lakh equity shares of Satin Creditcare Network at Rs 86.75 per equity share on the BSE, on March 23, 2020. On the other hand, Morgan Stanley Mauritius has offloaded around 10.04 lakh equity shares of the company at Rs 86.75 per equity share on the BSE, on the same day.

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.

Peers
Company Name CMP
Power Finance Corpn. 346.00
REC 311.40
NHIT 171.00
Satin Creditcare Net 219.70
IFCI 76.57
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