Capital Trust surges on commencing Gold Loan business
Capital Trust is currently trading at Rs. 37.50, up by 0.97 points or 2.66% from its previous closing of Rs. 36.53 on the BSE.
The scrip opened at Rs. 36.50 and has touched a high and low of Rs. 38.30 and Rs. 36.50 respectively. So far 3747 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 140.94 on 03-Oct-2024 and a 52 week low of Rs. 36.50 on 01-Oct-2025.
Last one week high and low of the scrip stood at Rs. 44.60 and Rs. 36.50 respectively. The current market cap of the company is Rs. 63.79 crore.
The promoters holding in the company stood at 54.13%, while Institutions and Non-Institutions held 16.65% and 29.22% respectively.
Capital Trust has commenced its Gold Loan business with the opening of its first dedicated gold loan branch in Aligarh, Uttar Pradesh. With this launch, the company has formally entered the secured lending space. Its strategy is to gradually build a secured lending portfolio with gold loans, focusing on customers in urban and semi-urban areas where demand for reliable and convenient credit continues to grow.
The company’s diversification into secured lending is expected to strengthen the overall business model, balance the lending mix, and enhance long-term growth prospects.
Capital Trust is engaged in the business of micro finance, insurance.
