Equitas Small Finance Bank is currently trading at Rs. 54.05, up by 0.50 points or 0.93% from its previous closing of Rs. 53.55 on the BSE.

Equitas Small Finance Bank
Equitas Small Finance Bank

The scrip opened at Rs. 53.25 and has touched a high and low of Rs. 54.60 and Rs. 53.05 respectively. So far 387133 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 68.10 on 25-Nov-2021 and a 52 week low of Rs. 37.50 on 17-Jun-2022.

Last one week high and low of the scrip stood at Rs. 57.00 and Rs. 49.95 respectively. The current market cap of the company is Rs. 6770.70 crore.

The promoters holding in the company stood at 74.50%, while Institutions and Non-Institutions held 19.62% and 5.88% respectively.

Reserve Bank of India (RBI) has granted its approval to DSP Investment Managers (DSPIM) to acquire up to 9.99% of the paid-up equity capital of Equitas Small Finance Bank through the schemes of DSP Mutual Fund (DSPMF).

The proposed acquisition of shares by DSPIM would be consequent to the Scheme of Amalgamation of Equitas Holdings (Holding Company) with the Bank taking effect.

Equitas Small Finance Bank offers personalised services and helps finds the right product to suit individual banking requirements for their savings.