Dhruva Capital Services soars on entering into merger with Vector Finance
Dhruva Capital Services is currently trading at Rs. 169.10, up by 8.00 points or 4.97% from its previous closing of Rs. 161.10 on the BSE.
The scrip opened at Rs. 169.15 and has touched a high and low of Rs. 169.15 and Rs. 169.10 respectively. So far 841 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 452.55 on 04-Oct-2024 and a 52 week low of Rs. 136.00 on 10-Sep-2025.
Last one week high and low of the scrip stood at Rs. 169.65 and Rs. 147.50 respectively. The current market cap of the company is Rs. 68.68 crore.
The promoters holding in the company stood at 54.18%, while Non-Institutions held 45.82% stake in the company.
Dhruva Capital Services has entered into a strategic merger with Vector Finance, marking its foray into microfinance business. The merger of Vector Finance with Dhruva Capital marks a significant milestone in its growth journey. The microfinance company has a strong presence across six key states in the eastern and northeastern parts of the country, which are largely underpenetrated. Its vision is to drive inclusive growth by penetrating under penetrated markets and empowering underserved communities.
Dhruva Capital Services is engaged in the business of Hire-Purchase, Lease finance and Investment in securities. The major income of the company is from hire purchase and from booking vehicles. Now the company's main thrust is on leasing business.
