Magma Fincorp is presently trading at Rs. One hundred twenty.90, up by zero.30 factors or 0.25% from its previous ultimate of Rs. 120.60 on the BSE.
The scrip opened at Rs. One hundred twenty.60 and has touched a high and occasional of Rs. 121.50 and Rs. 120.60 respectively. So some distance 20479 shares had been traded on the counter.
The BSE group ‘A’ stock of face fee Rs. 2 has touched a fifty two week high of Rs. 193.50 on 22-May-2018 and a fifty two week low of Rs. 81.00 on 15-Feb-2019.
Last one week high and occasional of the scrip stood at Rs. 122.Forty and Rs. 116.85 respectively. The contemporary market cap of the agency is Rs. 3256.Thirteen crore.
The promoters retaining in the corporation stood at 24.42%, whilst Institutions and Non-Institutions held sixty two.41% and 13.18% respectively.
Magma Fincorp is aiming an asset growth of around Rs three,000 crore inside the 2019-20 economic. The corporation is trying to improve up to Rs 500 crore in secured NCDs, consisting of the greenshoe choice. The business enterprise will even explore foreign budget, together with external business borrowing (ECBs).
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