Hot Pursuit     03-Aug-10
Sakthi Finance jumps on rights issue plan
Sakthi Finance advanced 5.26% to Rs 11.40 at 11:43 IST on BSE, after the company said its board will meet on 5 August 2010 to consider issue of shares on rights basis.

The company announced the board meet after market hours on Monday, 2 August 2010.

Meanwhile, the BSE Sensex was up 34.43 points, or 0.19% at 18,115.64.

On BSE, 4,955 shares were traded in the counter as against an average daily volume of 2,962 shares in the past one quarter.

The stock hit a high of Rs 11.74 and a low of Rs 11.16 so far during the day. The stock had hit a 52-week high of Rs 14.93 on 17 May 2010 and a 52-week low of Rs 7.54 on 18 August 2009.

The small-cap stock had underperformed the market over the past one month till 2 August 2010, falling 3.30% as compared to the Sensex's return of 3.55%. It had also underperformed the market in the past one quarter, declining 15.39% as compared to the Sensex's 2.98% rise.

The company has an equity capital of Rs 30.11 crore. Face value per share is Rs 10.

Sakthi Finance's net profit declined 5.2% to Rs 1.45 crore on 26.7% rise in total income to Rs 22.28 crore in Q4 March 2010 over Q4 March 2009.

Previous News
  Board of Sakthi Finance recommends final dividend
 ( Corporate News - 27-May-22   11:08 )
  Sakthi Finance announces NCD issue to raise upto Rs 150 crore
 ( Other Markets - Debt Markets 19-Jun-24   15:21 )
  Sakthi Finance launches NCD issue with yields upto 12.77%
 ( Other Markets - Debt Markets 11-Apr-22   17:47 )
  Sakthi Finance to convene board meeting
 ( Corporate News - 20-May-23   12:09 )
  Sakthi Finance to table results
 ( Corporate News - 04-Dec-19   10:04 )
  Sakthi Finance to convene board meeting
 ( Corporate News - 08-Feb-22   12:35 )
  Sakthi Finance announces board meeting date
 ( Corporate News - 09-Nov-21   17:05 )
  Board of Sakthi Finance recommends final dividend
 ( Corporate News - 25-May-22   12:08 )
  Sakthi Finance net profit rises 18.58% in the June 2012 quarter
 ( Results - Announcements 06-Aug-12   17:20 )
  Sakthi Finance schedules board meeting
 ( Corporate News - 25-Aug-21   10:18 )
  Sakthi Finance standalone net profit declines 25.67% in the March 2016 quarter
 ( Results - Announcements 29-May-16   15:57 )
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