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Alankit shines as its arm unveils service for Indians to invest in US stocks

Alankit Ltd. | Finance - Stock Broking | BFSI | BSE: 531082 | NSE: ALANKIT

17 Jun 2020 Evaluate

Alankit is currently trading at Rs. 17.08, up by 0.94 points or 5.82% from its previous closing of Rs. 16.14 on the BSE.

The scrip opened at Rs. 16.14 and has touched a high and low of Rs. 17.25 and Rs. 15.35 respectively. So far 20829 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 32.95 on 28-Jun-2019 and a 52 week low of Rs. 8.25 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 17.25 and Rs. 13.60 respectively. The current market cap of the company is Rs. 243.74 crore.

The promoters holding in the company stood at 71.33%, while Institutions and Non-Institutions held 0.16% and 28.51% respectively.

Alankit Imaginations, a subsidiary of e-governance service provider Alankit, has unveiled a new service that would allow Indians to start investing and trading in multiple global markets starting with the United States (US). The new service, World Investing, is being offered in association with Stockal, a global investment platform that helps people invest in a diverse set of global assets anywhere in the world.

Users can open a brokerage account online within just 5-7 minutes and with fractional share investing as a feature, investors can buy as little as $5 or $10 of a stock in a single trade. Less than one full share of equity is called a fractional share. Such shares may be the result of stock splits or similar corporate actions.

Alankit, a market leader and eminent name in the industry today, is a more than two-decade-old conglomerate, having diversified operations in the vital segments like e-Governance, Financial Services, Healthcare and Insurance Broking.

Alankit Share Price

9.50 0.30 (3.26%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Motilal Oswal Fin	815.95
Angel One	323.35
IIFL Capital Service	313.40
Nuvama Wealth	1403.20
Share India Sec.	147.05
View more..

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Alankit shines as its arm unveils service for Indians to invest in US stocks

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Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
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Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
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