Moneyboxx Finance rises on extending financial inclusion drive to Chhattisgarh

Moneyboxx Finance is currently trading at Rs. 173.00, up by 1.80 points or 1.05% from its previous closing of Rs. 171.20 on the BSE.

Moneyboxx Finance
Moneyboxx Finance

The scrip opened at Rs. 173.00 and has touched a high and low of Rs. 173.00 and Rs. 173.00 respectively. So far 151 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 218.90 on 15-Jul-2022 and a 52 week low of Rs. 93.70 on 07-Dec-2021.

Last one week high and low of the scrip stood at Rs. 173.95 and Rs. 167.15 respectively. The current market cap of the company is Rs. 404.91 crore.

The promoters holding in the company stood at 58.61%, while Non-Institutions held 41.39%.

Moneyboxx Finance has entered into Chhattisgarh, expanding its total network to 50 branches in the country. Financial inclusion is at the heart of its activity and the company is transforming lives of micro entrepreneurs in Tier-III and below places by offering unsecured and secured business loans.

As a part of this expansion, the company aims to meet growing and unmet credit needs of micro and small businesses in the state. With the opening of new branches in Raipur, Bilaspur and Rajnandgaon districts of Chhattisgarh, the company now has 50 branches across six states – Rajasthan, Punjab, Haryana, Madhya Pradesh, Uttar Pradesh and Chhattisgarh.

Moneyboxx Finance is a Non Deposit taking Non-systemically Important Non Banking Finance Company (NBFC-ND-NSI) engaged primarily in the business of advancing loans and investing/trading in securities.

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