Shalibhadra Finance soars on opening new branch in Jamnagar
Shalibhadra Finance is currently trading at Rs. 76.20, up by 2.51 points or 3.41% from its previous closing of Rs. 73.69 on the BSE.
The scrip opened at Rs. 74.50 and has touched a high and low of Rs. 76.20 and Rs. 74.00 respectively. So far 722 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 131.85 on 08-Sep-2025 and a 52 week low of Rs. 66.00 on 19-Aug-2026.
Last one week high and low of the scrip stood at Rs. 76.90 and Rs. 70.24 respectively. The current market cap of the company is Rs. 235.37 crore.
The promoters holding in the company stood at 58.10%, while Institutions and Non-Institutions held 1.26% and 40.63% respectively.
Shalibhadra Finance has opened new branch in the state of Gujarat - in Jamnagar. This expansion strengthens the company’s footprint in Gujarat, where the company has long served the rural and semi-urban customer segments with specialized financing solutions. Jamnagar’s strong dual economy of massive industrial hubs and agricultural wealth drives constant daily commuting needs. The area's steady local income and high daily commuting needs create an ideal market for the company's specialized, small-ticket rural loan offerings.
With this addition, the company now operates 62 branches across India (30 branches in Gujarat, 21 branches in Maharashtra, 10 branches in Madhya Pradesh and 1 branch in Rajasthan), further reinforcing its strategic presence in western India.
