SKS Microfinance smartly moved higher in morning trade, and registered a fresh 52-week high at Rs. 412 after the company said it has issued Commercial Papers of an aggregate amount of Rs 25 crore.
Now, the stock is trading with a gain of more than a per cent at Rs 407. So far 206,000 shares have been traded at the counter so far, as against the two-week daily average volume of 727,000 shares on the BSE.
Earlier in the day, SKS Microfinance started the day at Rs. 406.
Meanwhile, the BSE Sensex is up almost 100 points at 27,794.
Now, the stock is trading with a gain of more than a per cent at Rs 407. So far 206,000 shares have been traded at the counter so far, as against the two-week daily average volume of 727,000 shares on the BSE.
Earlier in the day, SKS Microfinance started the day at Rs. 406.
Meanwhile, the BSE Sensex is up almost 100 points at 27,794.
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