Plutus Wealth Management bought 3.1 lakh shares in chemical company BASF India at Rs 1,545.83 per share. The stock jumped over 6 percent in trade on September 14
Elara India Opportunities Fund offloaded 98,118 equity shares in GSS at Rs 21.04 per share. The fund house already sold 5 lakh shares on August 18 and 1 lakh shares on August 11
Asian Markets Securities bought 1,38,558 shares in DCM Shriram Industries at Rs 162.71 per share on the BSE.
The stock corrected sharply in the last one year as well as year-to-date (2020), down 72 percent and 64 percent respectively.
Company aimed to raise Rs 119,89,60,020 via its rights issue.
The microfinance lender has fixed the issue price at Rs 60 per equity share for an aggregate amount of up to Rs 119.89 crore.
There were pending sell orders of 2,094 shares, with no buyers available.
Total income during October-December fell to Rs 374.60 crore as against Rs 400.07 crore in the same quarter of 2018-19.
The investment will support Satin Creditcare Network (SCNL) in its planned expansion, portfolio growth and its efforts in increasing financial inclusion through its operations in 22 states, the micro-finance company said in a statement.
Promoter holding in the company as of June 20, 2019 stood at 27.94 percent, of which now 26.52 percent remained as pledged shares
Promoter Trishashna Holdings & Investments Private Limited held 24.26 percent stake in the company as of June 19
The company which is primarily into MFI lending, also offers loans to MSME and affordable housing segments through its subsidiaries.
"Nifty has strong support at 10,689 levels, a break out will take it to 10,630. On the upper side, the index will face a hurdle at 10,785 levels. A crossover will take it to 10,825 levels," says a report by Equity99
The company had registered a net profit of Rs 16.91 crore in the same quarter of 2016-17.
Microfinance lender Satin Creditcare Network has raised Rs 150 crore from investors including DSP BlackRock, Birla Mutual Fund and UTI Mutual Fund, among others through a qualified institutions placement.
In an interview to CNBC-TV18, HP Singh, Founder and MD of Satin Creditcare Network discussed the company's qualified institutional placement (QIP) issue.
In an interview to CNBC-TV18, HP Singh, Founder & MD of Satin Creditcare Network discussed the company's Q1 performance.
After Maharashtra and Uttar Pradesh, Punjab waives off loans. In an interview to CNBC-TV18, HP Singh, Founder & MD of Satin Creditcare Network gave the reality check.
Satin Credit Care raised capital by allotting shares to Asian Development Bank (ADB) and to the promoter holding in the company, Trishana Holdings. In an interview to CNBC-TV18, HP Singh, Founder and Managing Director of Satin Creditcare Network spoke about the latest happenings in his company and the sector.
Additionally, promoter group firm Trishashna Holdings & Investments Private (THIPL) has put in Rs 7.5 crore, bringing overall holding to 31.74 per cent in the company.