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Satin Creditcare Network moves up on planning to raise funds via NCDs

15 Feb 2023 Evaluate

Satin Creditcare Network is currently trading at Rs. 136.90, up by 0.85 points or 0.62% from its previous closing of Rs. 136.05 on the BSE.

The scrip opened at Rs. 136.20 and has touched a high and low of Rs. 140.35 and Rs. 136.00 respectively. So far 4337 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 174.90 on 05-Dec-2022 and a 52 week low of Rs. 81.70 on 08-Mar-2022.

Last one week high and low of the scrip stood at Rs. 147.50 and Rs. 134.80 respectively. The current market cap of the company is Rs. 1142.67 crore.

The promoters holding in the company stood at 38.00%, while Institutions and Non-Institutions held 14.36% and 47.63% respectively.

Satin Creditcare Network is planning to raise funds by way of issuance of listed/unlisted, secured/unsecured, non-convertible debentures (NCDs) on private placement basis. The meeting of Working Committee of Board of Directors of the company is scheduled to be held on February 16, 2023 to consider and approve the same.

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

Satin Creditcare Share Price

212.55 8.05 (3.94%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Power Finance Corp 461.00
REC 359.35
Indian Railway Fin. 106.05
NHIT 160.00
Satin Creditcare 212.55
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