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Geojit BNP Paribas rises on getting nod to invest Rs 70 crore in Geojit Credits

Geojit Financial Services Ltd. | Finance - Stock Broking | BFSI | BSE: 532285 | NSE: GEOJITFSL

26 Mar 2014 Evaluate

Geojit BNP Paribas Financial Services is currently trading at Rs. 19.95, up by 0.20 points or 1.01% from its previous closing of Rs. 19.75 on the BSE.

The scrip opened at Rs. 20.00 and has touched a high and low of Rs. 20.30 and Rs. 19.90 respectively. So far 26220 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 26.75 on 17-May-2013 and a 52 week low of Rs. 15.65 on 14-Nov-2013.

Last one week high and low of the scrip stood at Rs. 20.60 and Rs. 19.50 respectively. The current market cap of the company is Rs. 455.58 crore.

The promoters holding in the company stood at 63.50% while Institutions and Non-Institutions held 2.23% and 34.27% respectively.

Geojit BNP Paribas Financial Services has received an approval to invest Rs 70 crore by way of equity capital in Geojit Credits. The board of directors at its meeting held on March 25, 2014 has approved for the same.

Geojit Credits is a non deposit taking NBFC and a subsidiary of Geojit BNP Paribas. Geojit Financial Management Services is a wholly owned subsidiary of Geojit BNP Paribas and has also decided to invest Rs 32.5 crore by way of equity capital in Geojit Credits.

Kochi-headquartered Geojit BNP Paribas has a strong presence in the Middle East through joint ventures and partnerships. The company offers wide range of investments options in equity, futures and options, IPOs and mutual funds. The company offers clients daily SMS alerts, market pointers, periodical research reports, stock recommendations and customer meets organized frequently.

Geojit Finl. Service Share Price

67.71 2.86 (4.41%)

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
View more..

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Geojit BNP Paribas rises on getting nod to invest Rs 70 crore in Geojit Credits

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