Bharat Financial Inclusion is currently trading at Rs. 810.85, up by 3.20 points or 0.40% from its previous closing of Rs. 807.65 on the BSE.
The scrip opened at Rs. 813.00 and has touched a high and low of Rs. 819.20 and Rs. 804.50 respectively. So far 1,92,000 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 938.75 on 29-Jul-2016 and a 52 week low of Rs. 465.40 on 27-Dec-2016.
Last one week high and low of the scrip stood at Rs. 876.00 and Rs. 792.00 respectively. The current market cap of the company is Rs. 11,185.00 crore.
The promoters holding in the company stood at 1.66%, while Institutions and Non-Institutions held 80.45% and 17.88% respectively.
Bharat Financial Inclusion has assigned a pool of receivables of an aggregate value of Rs 192.58 crore to one of the largest public sector banks on a direct assignment basis as per the guidelines prescribed by the Reserve Bank of India.
This is the third direct assignment transaction during FY17. The aggregate value of the three direct assignment transactions is Rs 778.09 crore.
Bharat Financial Inclusion (formerly known as SKS Microfinance) is a non-banking finance company (NBFC), regulated by the Reserve Bank of India. The company's mission is to provide financial services to the poor under the premise that providing financial services to poor borrowers helps to alleviate poverty.