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Equitas Small Finance Bank rises on geting authorized dealer category-I License from RBI

20 Apr 2023 Evaluate

Equitas Small Finance Bank is currently trading at Rs. 69.95, up by 0.15 points or 0.21% from its previous closing of Rs. 69.80 on the BSE.

The scrip opened at Rs. 70.79 and has touched a high and low of Rs. 71.83 and Rs. 69.44 respectively. So far 5057463 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 77.87 on 06-Mar-2023 and a 52 week low of Rs. 37.50 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 71.99 and Rs. 67.62 respectively. The current market cap of the company is Rs. 7739.31 crore.

The promoters holding in the company stood at 74.48%, while Institutions and Non-Institutions held 19.42% and 6.10% respectively.

Reserve Bank of India (RBI) has granted Authorized Dealer Category-I (AD-I) License to Equitas Small Finance Bank under Section 10 (1) of the Foreign Exchange Management Act, 1999 to deal in foreign exchange subject to such conditions as may be imposed by RBI from time to time.

Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.

Peers
Company Name CMP
HDFC Bank 711.20
ICICI Bank 1349.00
Axis Bank 1257.00
Kotak Mahindra Bank 439.00
Indusind Bank 874.45
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