Niyogin Fintech gains on incorporating wholly owned subsidiary
Niyogin Fintech is currently trading at Rs. 57.43, up by 1.42 points or 2.54% from its previous closing of Rs. 56.01 on the BSE.
The scrip opened at Rs. 56.76 and has touched a high and low of Rs. 57.45 and Rs. 55.70 respectively. So far 5274 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 88.00 on 20-Feb-2024 and a 52 week low of Rs. 45.00 on 24-Oct-2024.
Last one week high and low of the scrip stood at Rs. 67.00 and Rs. 55.70 respectively. The current market cap of the company is Rs. 532.90 crore.
The promoters holding in the company stood at 39.28%, while Institutions and Non-Institutions held 15.13% and 45.58% respectively.
Niyogin Fintech has incorporated wholly owned subsidiary namely ‘Niyogin Finserv’ on January 28, 2025. The wholly owned subsidiary will undertake financial services business. Niyogin Finserv is yet to commence its business operations.
Niyogin Fintech is engaged in to the business of providing financial services to small businesses, in the form of credit, working capital and innovative solutions to their business problems.
