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Capri Global Capital shares zoom 20% to trade ex-split and ex-bonus in stock market today

Capri Global Capital shares: Capri Global Capital share Price

Capri Global Capital shares price went up by 20% to reach Rs 289.40 per share. There were a lot of shares being traded, about 1.08 lakh on the BSE, which is more than usual. The total value of shares traded was Rs 3.04 crore, giving the company a market value of Rs 23,263.31 crore.

The price of shares for a company called Capri Global Capital, based in Mumbai, went up by 20 percent to reach Rs 289.4 on BSE and Rs 289.3 on NSE. A lot of people were trading these shares today, with about 2.9 lakh shares changing hands, which is much higher than usual. Normally, only around 14,000 shares are traded in a day.

The company’s shares went up because it announced a stock split and a bonus issue for eligible shareholders. This means shareholders will get more shares for each one they own.

Capri Global Capital is a finance company that does a lot of different things like giving loans for small businesses, affordable housing, construction, and car loans. Their assets under management grew by 54.4% in the third quarter of the fiscal year to reach ₹13,362.1 crore.

Dividend Yield of Capri Global Capital Limited

At the current market price of Rs 964.70, the shares of Capri Global Capital Limited have a dividend yield of 0.17%

Capri Global Capital shares split date and Capri Global Capital bonus issue ratio

Capri Global Capital Limited, a financial company, will be in the spotlight when the stock market opens on Tuesday (March 05). They’re doing a stock split and bonus issue. This means each share worth ₹2 will become two shares worth ₹1 each. Shareholders as of March 05 will get these benefits.

The company’s board approved these changes in January. They also approved issuing non-convertible debentures (NCDs) worth up to ₹500 crore. In the third quarter of FY24, they reported a net profit of ₹68 crore, up 81.7% from the previous year.

Their asset under management (AUM) also went up by 54.4%. Capri Global Capital Limited operates in various sectors like MSME, affordable housing, construction finance, and car loan distribution.

About Capri Global Capital Limited

Capri Global Capital Limited (CGCL) is a company that gives out loans to small and medium-sized businesses (MSME Loans) and helps people buy homes (Home Loans). It’s run by Mr. Rajesh Sharma and is listed on stock exchanges. They also help families get home loans through a government program called Pradhan Mantri Awas Yojna. They’ve helped over 21,000 families buy homes. They use technology and smart tools to offer the best products and services to their customers. Our vision is to address the needs of the underserved by deploying capital that facilitates a change for good.

Our mission is to revolutionize the way credit works in India with our flexible and intuitive loans. We deliver credit to a wide spectrum of MSMEs and individuals with limited credit history to drive a financial and social impact for our customers and society at large.

Disclaimer: The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions. The content reflects the market situation at the time of writing and is subject to change. The author and platform do not guarantee the accuracy or completeness of the information and shall not be responsible for any losses or damages occurs from actions taken based on the provided information.

Also Read: Tata Investment Shares Surge upto 60% in just two weeks, hit upper circuit today

Jagriti Sharma
Jagriti Sharmahttps://sharemarketnewshub.com
Meet Jagriti sharma, a dynamic news blog writer revolutionizing digital journalism. Armed with a diverse educational background,Jagriti sharma crafts engaging articles that seamlessly blend traditional reporting with a modern, digestible style. With contributions to nationally and internationally acclaimed blogs, Jagriti sharma is a trusted source for insightful news analysis. Beyond the pixels, Jagriti sharma advocates for the influential role of blogging in shaping public discourse, leaving an indelible mark on the digital news landscape.
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