01-01-1970 12:00 AM | Source: Accord Fintech
Arihant Capital Markets surges on getting nod to raise fund upto Rs 100 crore through NCDs
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Arihant Capital Markets is currently trading at Rs. 40.65, up by 1.04 points or 2.63% from its previous closing of Rs. 39.61 on the BSE.

The scrip opened at Rs. 38.25 and has touched a high and low of Rs. 40.70 and Rs. 38.25 respectively. So far 11118 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 87.00 on 12-Sep-2022 and a 52 week low of Rs. 33.01 on 27-Mar-2023.

Last one week high and low of the scrip stood at Rs. 40.95 and Rs. 37.25 respectively. The current market cap of the company is Rs. 423.22 crore.

The promoters holding in the company stood at 74.12%, while Institutions and Non-Institutions held 0.38% and 25.49% respectively.

Arihant Capital Markets has received approval to raise fund upto Rs 100 crore through issuance of secured unlisted Non-Convertible Debentures (NCDs) in one or more tranches / series, on a private placement basis. The Board of Directors of the Company, at its meeting held on June 15, 2023 has approved the same. 

Arihant Capital Markets is one of the leading financial services companies in India.