Satin Creditcare Network is currently trading at Rs. 239.95, up by 1.70 points or 0.71% from its previous closing of Rs. 238.25 on the BSE.

The scrip opened at Rs. 239.05 and has touched a high and low of Rs. 242.00 and Rs. 238.65 respectively. So far 40153 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 274.20 on 16-Nov-2023 and a 52 week low of Rs. 116.25 on 28-Mar-2023.

Last one week high and low of the scrip stood at Rs. 249.55 and Rs. 237.00 respectively. The current market cap of the company is Rs. 2391.23 crore.

The promoters holding in the company stood at 39.98%, while Institutions and Non-Institutions held 10.89% and 49.14% respectively.

Satin Creditcare Network has received approval for issuance of 45,650 rated, unlisted, secured, senior, redeemable, taxable, transferable, non-convertible debentures (NCDs) denominated in Indian Rupees, having a face value of Rs 10,000 each and an aggregate face value of Rs 45.65 crore on a private placement basis. The working committee of the Board of Directors of the company, in its meeting held on November 30, 2023, has inter alia, considered and approved the same. 

Satin Creditcare Network is one of the largest Microfinance Institutions (MFI) in Northern India, and is the 3rd largest MFI in the country.