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Choice International is currently trading at Rs. 255.45, up by 0.50 points or 0.20% from its previous closing of Rs. 254.95 on the BSE.

The scrip opened at Rs. 255.80 and has touched a high and low of Rs. 257.20 and Rs. 255.45 respectively. So far 2669 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 299.00 on 03-Nov-2022 and a 52 week low of Rs. 78.15 on 23-Feb-2022.

Last one week high and low of the scrip stood at Rs. 279.45 and Rs. 251.75 respectively. The current market cap of the company is Rs. 2542.03 crore.

The promoters holding in the company stood at 51.45%, while Institutions and Non-Institutions held 14.09% and 34.46% respectively.

Choice International’s wholly owned subsidiary -- Choice Finserv has opened its new Business Operations Centre in Jaipur along with the opening of its several new branches (Vaishali Nagar; Mansarovar ; Malviya Nagar - Jaipur); Sikar; Jhunjhunu ; Bhilwara ; Chittorgarh ; Jhalawar ; Udaipur ; Bundi ; Kota; Ajmer; Rajsamand on February 1, 2023 reaching to total tally of 12 Branches in Rajasthan and 27 Branches across 4 States. The new offices will offer a wide range of financial services, including loans to MSMEs, vehicle loans, supply chain finance and solar financing.

The organization aims to enhance its reach in Rajasthan from 12 districts to 30 and open more than 30 branches in the state in the next few years. Choice Group also plans to hire 4000 employees in the region.

Choice Finserv has seen significant growth in its loan book over the past few years. FY23 is expected to see a closing of around Rs 350 core Assets Under Management (AUM), retail loan disbursements at around Rs 120 crore till March 2023. The next two years (FY. 23-24 & 24-25) are expected to see this number cross Rs 600 crore AUM nationally. This growth can be attributed to the increasing demand for credit from both individuals and businesses in India.

Choice International offers services in area of project financing, assisting in raising funds by equity or debt routes, debt structuring, private equity, acquisitions, long term strategic planning, turnaround and structuring and joint ventures, divestitures and takeovers.