Asirvad Microfinance Limited, the microfinance subsidiary of Manappuram Finance Limited, has securitized microfinance portfolio amounting to Rs 250 crore with a PSU Bank in December 2018. This is the 8th tranche of securitization for the year and the total pool securitized with different banks during the current fiscal amounts to Rs 611 crore.
Shares of MANAPPURAM FINANCE LTD. was last trading in BSE at Rs.95 as compared to the previous close of Rs. 96.2. The total number of shares traded during the day was 127723 in over 1160 trades.
The stock hit an intraday high of Rs. 97.3 and intraday low of 94.55. The net turnover during the day was Rs. 12232020.