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Star Housing Finance gains on entering into co-lending partnership with Capital India Home Loans

24 Jan 2022 Evaluate

Star Housing Finance is currently trading at Rs. 86.85, up by 0.55 points or 0.64% from its previous closing of Rs. 86.30 on the BSE.

The scrip opened at Rs. 88.00 and has touched a high and low of Rs. 90.40 and Rs. 86.85 respectively. So far 39145 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 118.00 on 04-Oct-2021 and a 52 week low of Rs. 66.00 on 12-Mar-2021.

Last one week high and low of the scrip stood at Rs. 95.00 and Rs. 85.00 respectively. The current market cap of the company is Rs. 144.02 crore.

The promoters holding in the company stood at 41.21% and Non-Institutions held 58.79%.

Star Housing Finance has entered into co-lending partnership with Capital India Home Loans to compliment its AUM growth across their shared operational geographies. The move is a part of the overall transformation journey where the company shall be utilizing the capacity created through geographical expansion now having a network of 7 branches and 15 digital points of presence across Maharashtra, Madhya Pradesh, Gujarat, Rajasthan and Tamil Nadu.

The co-lending partnership shall provide housing finance assistance to EWS (Economically Weaker Section)/LIG (Low Income Group) first time home buyers looking to purchase/construct low cost housing units in the operational geographies consisting of tier II/III towns and semi urban locations with a maximum ticket size of Rs 25 lakh.

Star Housing Finance (formally known as Akme Star Housing Finance) is primarily engaged in the business of providing loans to individuals, corporate and developers for the pur)chase, construction, development and repair of houses, apartments and commercial properties in India.

Star Housing Finance Share Price

6.22 0.29 (4.89%)
17-Apr-2026 16:59 View Price Chart
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