LKP Securities inches up on incorporating wholly owned subsidiary company
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LKP Securities is currently trading at Rs. 15.00, up by 0.10 points or 0.67% from its previous closing of Rs. 14.90 on the BSE.
The scrip opened at Rs. 15.00 and has touched a high and low of Rs. 15.20 and Rs. 14.70 respectively. So far 978 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 2 has touched a 52 week high of Rs. 23.24 on 28-Dec-2021 and a 52 week low of Rs. 7.30 on 18-May-2021.
Last one week high and low of the scrip stood at Rs. 16.65 and Rs. 14.50 respectively. The current market cap of the company is Rs. 111.52 crore.
The promoters holding in the company stood at 70.04%, while Institutions and Non-Institutions held 4.31% and 25.64% respectively.
LKP Securities has incorporated a wholly owned subsidiary company namely ‘LKP IFSC’ on May 09, 2022. The subsidiary will inter-alia, undertake the activities as a Stock Broker, Investment Advisor, and to act as Category III AIF and to carryout advisory activities in GIFT IFSC as mandated by the regulators. Cost of acquisition is Rs 1 crore in the form of subscription of 10,00,000 equity shares of Rs 10 each.
LKP Securities is into the business of Share Broking. LKP offers a wide spectrum of services that includes Equity Broking in Cash and Derivatives, Internet based trading, Demat services & Research services.
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