SKFL notches up 20% gain on BSE-SME
SKFL notches up 20% gain on BSE-SMEMumbai, Mar 11 (KNN) SKFL, today made an impressive gain of 20 per cent on the BSE –SME, taking the market cap of the SME platform well beyond Rs 5,000 crore.
The company, which is engaged in finance, including NBFCs saw its scrip moved up by 8.25 per cent from Rs 41.25 to Rs 49.50. In the process, the BSE-SME platform has seen its participants join the rally in the stock market.
The combined market capitalisation of the 50 companies listed on the platform today crossed Rs 5000 crore mark.
There are a total of 50 companies listed on the BSE SME platform out of which 26 are traded actively.
In all there were 11 gainers in the trading today while 11 of them lost.
As many as eight companies have submitted their documents with the market regulator SEBI for raising the capital on the BSE SME and getting listed there. These include SPS Finquest Limited, Women’s Next Loungeries Limited and Shri Krishna Prasadam Limited. (KNN Bureau)