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Arihant Capital Markets jumps on entering into discount broking business

25 Oct 2022 Evaluate

Arihant Capital Markets is currently trading at Rs. 75.05, up by 2.25 points or 3.09% from its previous closing of Rs. 72.80 on the BSE.
The scrip opened at Rs. 75.95 and has touched a high and low of Rs. 77.90 and Rs. 73.00 respectively. So far 18487 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 99.00 on 12-Apr-2022 and a 52 week low of Rs. 25.77 on 29-Oct-2021.

Last one week high and low of the scrip stood at Rs. 77.90 and Rs. 69.90 respectively. The current market cap of the company is Rs. 789.18 crore.

The promoters holding in the company stood at 74.12%, while Institutions and Non-Institutions held 0.53% and 25.35% respectively.

Arihant Capital Markets is entering the discount broking business. The company has launched its new mobile trading app, which would allow customers to buy and sell Indian-listed shares and securities. The new app will appeal particularly to those that are new to investing and want a simple way to invest and trade. Through its new business, the company aims to widen its customer base and attract new age investors. The company is committed to work aggressively towards adding new clients and increasing their market share.

Arihant Capital Markets is one of the leading financial services companies in India.

Arihant Capital Mkt. Share Price

72.36 1.55 (2.19%)
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
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