LIVE MARKET TRACKER :   BSE SENSEX   27480.23      |    NSE NIFTY 8340.35    
GLOBAL MARKETS :  NASDAQ 5039.78   -0.96%    |    FSI London 6533.09   +0.43%    |    NIKKEI Japan 20328.89   -0.10%
  USD GBP EUR CAD AUD INR
USD - 0.6439 0.9038 1.3028 1.3698 64.0100
GBP 1.5534 - 1.4044 2.0242 2.1282 99.4331
EUR 1.1065 0.7124 - 1.4416 1.5158 70.8604
CAD 0.7677 0.4943 0.6938 - 1.0518 49.1375
AUD 0.7302 0.4702 0.6600 0.9512 - 46.7331
INR 0.0156 0.0101 0.0141 0.0204 0.0214 -
Indian-Commodity  :  Equity & Shares  :  SKS Microfinance soars on reporting stellar Q3 numbers

SKS Microfinance soars on reporting stellar Q3 numbers (25-Jan-2013)

SKS Microfinance is currently trading at Rs. 173.30, up by 9.10 points or 5.54% from its previous closing of Rs. 164.20 on the BSE.

The scrip opened at Rs. 171.25 and has touched a high and low of Rs. 178.00 and Rs. 168.80 respectively. So far 484444 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 198.90 on 13-Dec-2012 and a 52 week low of Rs. 54.40 on 05-Jun-2012.

Last one week high and low of the scrip stood at Rs. 181.55 and Rs. 160.65 respectively. The current market cap of the company is Rs. 1869.92 crore.

The promoters holding in the company stood at 29.58% while Institutions and Non-Institutions held 39.47% and 30.95% respectively.

Non-banking finance company SKS Microfinance, reversing the trend of seven consecutive quarters of losses caused by the external event of Andhra Pradesh microfinance crisis, reported a small profit of Rs 1.15 crore in October-December quarter as against a loss of Rs 427.78 crore in a year ago period. However, total income from operations declined marginally to Rs 85.05 crore from Rs 87.07 crore during the same period.

The company's provisions and write-offs fell sharply during the quarter at Rs 28.36 lakh as against Rs 233.56 crore seen in previous quarter.

SKS Microfinance (SKS) is a non-banking finance company (NBFC), registered and regulated by the Reserve Bank of India, whose mission is to provide financial services to low-income households. SKS operates across 17 states of India


Top News Today
Glenmark Pharma, SAIL and Prestige Estate to see some action
(28-Jul-2015)

Glenmark Pharma, SAIL and Prestige Estate to see some actionThe US court ruled that India's Glenmark Pharmaceuticals' proposed generic version of Bayer AG's Finacea, a gel for treating the common skin condition rosacea, infringes Bayer's patent. The federal court......click on news to read complete article.

No need to fear any “knee-jerk” reaction on the SIT report: Arun Jaitley
(28-Jul-2015)

No need to fear any “knee-jerk” reaction on the SIT report: Arun JaitleyIn its bid to soothe the nerves of panic-stricken investors, Finance Minister Arun Jaitley has said they need not fear any “knee-jerk” reaction from the government on the SIT report, which had recommended......click on news to read complete article.

SIT recommends enacting tough laws to curb black money
(27-Jul-2015)

SIT recommends enacting tough laws to curb black moneyThe Supreme Court-appointed special investigation team (SIT) headed by Justice M B Shah (retd)  has recommended enacting tough laws to curb betting in cricket, bring donations to education and......click on news to read complete article.

International Stock News
US markets extend southward journey for fourth straight session
(25-Jul-2015)

US markets extend southward journey for fourth straight sessionExtending their southward journey for fourth straight session, US Markets ended the Friday's session with a cut of around a percentage point. Sentiments remained downbeat with report from the Commerce......click on news to read complete article.

US markets closed lower for third straight session
(24-Jul-2015)

US markets closed lower for third straight sessionThe US markets closed lower on Thursday, after the selling pressure accelerated in the afternoon session and the main indexes closed with losses for the third straight day, led lower by utilities, materials......click on news to read complete article.

US markets closed lower; Dow suffers triple-digit drop
(22-Jul-2015)

US markets closed lower; Dow suffers triple-digit dropThe US markets closed lower on Tuesday, with Dow posting triple-digit drop after IBM and United Technologies Corporation reported disappointing quarterly reports. IBM is the second highest-weighted component......click on news to read complete article.

 

     
  
Recent Equity & Shares News
 
EquityInvestmentCompany ReportsIPO
Disclaimer
By clicking on this page you accept all the terms and conditions framed by us. News made available here are for informational purpose only. While utmost care has been taken in providing the same. We claim no responsibility for its accuracy. Readers of this blog who make their decision based on the information posted here are solely responsible for their actions.