Emerald Finance is currently trading at RS. 77.99, up by 1.49 points or 1.95% from its previous closing of RS. 76.50 on the BSE.
The scrip opened at RS. 77.99 and has touched a high and low of RS. 77.99 each. A total of 1431 shares have been traded so far.
This BSE group 'XT' stock, with a face value of RS. 10, has touched a 52-week high of RS. 167.65 on January 17, 2025, and a 52-week low of RS. 58.00 on September 19, 2024. Over the past week, the scrip recorded a high of RS. 78.09 and a low of RS. 75.00. The company currently holds a market capitalization of RS. 264.23 crore.
Promoter holding stands at 59.50%, while institutional and non-institutional investors hold 5.96% and 34.54%, respectively.
Emerald Finance has announced the launch of its new employee-focused mobile app, ‘EMERALD EWA’, now available on the Google Play Store. This app is exclusively accessible to employees of companies registered with Emerald and is designed to provide real-time access to earned salaries, thereby offering a tech-driven solution to short-term liquidity challenges.
The EMERALD EWA app is powered by Emerald’s proprietary API-integrated platform, which connects directly with employer payroll and time-tracking systems. It enables employees to withdraw up to 40% of their earned salary at any time during the pay cycle. The repayment is auto-deducted from the employee's salary on payday, ensuring zero delinquencies and no NPAs since inception.
As a Non-Banking Financial Company (NBFC), Emerald Finance continues to offer a wide range of financial services, particularly catering to small and medium enterprises (SMEs) in both corporate and non-corporate sectors.