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    SKS Micro locked at 5% upper circuit after block deal

    Shares of SKS Microfinance, a non-banking finance company, locked at 5% upper circuit Tuesday at Rs 122.40 after the big block deal on the Bombay Stock Exchange.

    September 25, 2012 / 14:31 IST

    Shares of SKS Microfinance, a non-banking finance company, locked at 5% upper circuit Tuesday at Rs 122.40 after the big block deal on the Bombay Stock Exchange.
     
    About seven percent equity has changed hands on the BSE at Rs 117.15 a share.

    There were pending buy orders of 79,449 shares, with no sellers available. The volume increased significantly after the block deal.
     
    Market capitalisation of the company currently stands at Rs 1,324.51 crore.
     
    As of July 13, 2012, promoter and promoter group held 42.06% stake in the company.

    first published: Sep 25, 2012 02:29 pm

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