Capri Global Capital inches up on launching Rooftop Solar Finance product
Capri Global Capital is currently trading at Rs. 195.40, up by 0.20 points or 0.10% from its previous closing of Rs. 195.20 on the BSE.
The scrip opened at Rs. 198.00 and has touched a high and low of Rs. 201.80 and Rs. 195.00 respectively. So far 20427 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 289.40 on 05-Mar-2024 and a 52 week low of Rs. 183.35 on 25-Oct-2023.
Last one week high and low of the scrip stood at Rs. 202.70 and Rs. 194.00 respectively. The current market cap of the company is Rs. 16168.82 crore.
The promoters holding in the company stood at 69.89%, while Institutions and Non-Institutions held 15.61% and 14.50% respectively.
Capri Global Capital has launched its Rooftop Solar Finance product under the MSME Loans. The creditor will help individuals and businesses harness the power of solar energy for self-use, paving the way for a more sustainable future.
Capri Solar Finance offers a hassle-free financing solution with no collateral, and minimal documentation. This fastens loan approval time to under five minutes and disbursals are completed in just 4-6 hours. The company has partnered with Credit Fair, a renewable energy fintech, to onboard customers digitally to avail loans ranging from Rs 50,000 to Rs 25,00,000 at competitive interest rates, which covers the entire cost of solar modules, inverters, batteries, and installation, making it a comprehensive option for self-use solar projects. Credit Fair will increases assess to credit through its digital platform ensuring a seamless experience.
Capri Global Capital is engaged in the business of providing loans to Micro, Small and Medium Enterprises (MSMEs), providing long term finance for construction of residential houses in India, retail Lending in India and in providing ancillary services related to the said business activities.