11-12-2023 02:12 PM | Source: Accord Fintech
Veefin Solutions gains on incorporating subsidiary company

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Veefin Solutions is currently trading at Rs. 273.05, up by 4.20 points or 1.56% from its previous closing of Rs. 268.85 on the BSE.

The scrip opened at Rs. 278.70 and has touched a high and low of Rs. 278.70 and Rs. 270.00 respectively. So far 45600 shares were traded on the counter.

The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 306.00 on 05-Dec-2023 and a 52 week low of Rs. 85.13 on 12-Jul-2023.

Last one week high and low of the scrip stood at Rs. 306.00 and Rs. 257.10 respectively. The current market cap of the company is Rs. 578.52 crore.

The promoters holding in the company stood at 39.84%, while Institutions and Non-Institutions held 1.21% and 58.96% respectively.

Veefin Solutions has incorporated a new Subsidiary Company in the name of ‘Globetf Solutions’ in Maharashtra, India. The new Subsidiary Company has been incorporated to carry on the business of developing, providing, marketing, distributing computer software Solutions in the field of Web Content Development, Security Solutions, Animation, Geographical Information Systems (GIS), Revenue Accounting, Data Digitization, Back Office Operations, Financial Institutions and management consultancy services in various fields of Ecommerce, Computer Software and Hardware Development, Training & Manufacturing Computer Hardware and Software products.

Veefin Solutions is a Digital Lending and Supply Chain Finance (SCF) technology product Solutions Company based in Mumbai.