Thursday, 18 December 2014

SKS Microfinance soars over 5%

SKS Microfinance is trading on a gung-ho note on BSE, after fund raising.

According to a released by SKS Microfinance to the BSE, the company issued Commercial Papers of an aggregate amount of Rs. 70 crore on 16 December 2014, which have been rated A1+ by a leading rating agency.

The stock so far has touched an intra-day high at Rs. 384. Currently, the SKS Microfinance has soared over 5 per cent (Rs 19) at Rs. 380.

This morning, the stock started the day at Rs. 366.

Meanwhile, the BSE Sensex is up 370 points at 27,074

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