Repco Home Finance Ltd gets RBI nod for enhancement of FII limit to 49%

Repco Home Finance Ltd is in receipt of an e-mail from Reserve Bank of India conveying that the ceiling for foreign investment in the Company under the Portfolio Investment Scheme has been enhanced to 49%.

The name of the Company has been removed from the Ban List-FII/RFPIs.

Shares of REPCO HOME FINANCE LTD. was last trading in BSE at Rs.469.75 as compared to the previous close of Rs. 450.7. The total number of shares traded during the day was 4206 in over 406 trades.

The stock hit an intraday high of Rs. 474 and intraday low of 455.15. The net turnover during the day was Rs. 1973828.

Source : Equity Bulls

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