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Shriram City Union Finance trades marginally higher on plan to raise Rs 200 crore

19 Mar 2014 Evaluate

Shriram City Union Finance is currently trading at Rs. 998.00, up by 0.50 points or 0.05% from its previous closing of Rs. 997.50 on the BSE.

The scrip opened at Rs. 997.50 and has touched a high and low of Rs. 1005.00 and Rs. 991.05 respectively. So far 227 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1230.00 on 03-Apr-2013 and a 52 week low of Rs. 850.05 on 08-Aug-2013.

Last one week high and low of the scrip stood at Rs. 1019.00 and Rs. 970.10 respectively. The current market cap of the company is Rs. 5916.59 crore.

The promoters holding in the company stood at 37.57% while Institutions and Non-Institutions held 28.71% and 33.73% respectively.

Shriram City Union Finance is planning to raise Rs 200 crore via non-convertible debentures .The funds raised through the issue are to be used for financing and lending activities, to repay existing loans and meet business operations including for capital expenditure and working capital requirements.

Shriram City Union Finance has presence in the following business segments - loan Against Gold (LAG), Small Business Finance Loans (SBF), Auto Loans, 2-Wheeler loans, Personal Loans and Consumer Durables Loans.

Shriram City Union Share Price

1923.55 0.00 (0.00%)
28-Nov-2022 18:01 View Price Chart
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