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Geojit Financial Services shines on launching global investment platform

30 Oct 2020 Evaluate

Geojit Financial is currently trading at Rs. 39.25, up by 1.60 points or 4.25 % from its previous closing of Rs. 37.65 on the BSE.

The scrip opened at Rs. 38.00 and has touched a high and low of Rs. 39.45 and Rs. 38.00 respectively. So far 3775 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 45.45 on 31-Aug-2020 and a 52 week low of Rs. 15.00 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 38.25 and Rs. 35.35 respectively. The current market cap of the company is Rs. 917.45 crore.

The promoters holding in the company stood at 62.22%, while Institutions and Non-Institutions held 1.53% and 36.26% respectively.

With rising investors' interest in foreign assets, Geojit Financial Services has launched a global investment platform to help its customers invest in American and other global assets through a single account from anywhere in the world.

Accordingly, the company has partnered with New York-based global wealth management services platform Stockal to develop an AI-powered global investment platform that will help domestic investors diversify their portfolio by investing in global equities. The company expects the platform to benefit its over 1 million customers as well as other retail investors, high-networth investors, ex-NRIs and expat IT professionals who want to invest in global assets.

The company offers wide range of investments options in equity, futures and options, IPOs and mutual funds. The company offers clients daily SMS alerts, market pointers, periodical research reports, stock recommendations and customer meets organized frequently.

 

Geojit Finl. Service Share Price

67.71 2.86 (4.41%)
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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