IndoStar Capital Finance Limited has announced the liquidity position of the Company as on 30 September 2019.
Comfortable Liquidity Position
- Positive ALM month on month for next 18 months
- Raised INR 9,361 Mn in Q2 FY20
- Cash and Cash Equivalents on hand INR 10,070 Mn
- Cash and Equivalents higher by INR 6,878 Mn vs earlier estimate for Sept 19
Assignment transaction under PCG in progress - INR 7,500 Mn
Strong Balance Sheet
- Debt Equity ~2.4x
- Capital Adequacy ~25%
66% Retail AUM, up from 61% in March 2019
Reduction in Corporate AUM of ~INR 8,800 Mn from March 2019
Shares of Indostar Capital Finance Ltd was last trading in BSE at Rs.183.1 as compared to the previous close of Rs. 179.95. The total number of shares traded during the day was 2655 in over 212 trades.
The stock hit an intraday high of Rs. 189.85 and intraday low of 181.1. The net turnover during the day was Rs. 490086.