New Delhi (India), February 21: Nexpact Ltd.,an FII, purchased 2,55 000 shares through bulk deal on BSE at a price of Rs. 52.70 in BSE listed ARC Finance Ltd, (BSE: 540135) a NBFC, Non Deposit taking Non Banking Finance Company engaged primarily in the business of advancing loans and investing/trading in securities.
The company had earlier informed the BSE that in its board meet, it had approved a proposal for subdivision of equity shares of Rs.10 each to Re.1 each.
The Company has been able to give the significant upward performance in terms of Sales, Profitability from the last five years. The financial parameters of the company are the indicators of its performance, and the company has been able to outshine and stand among the other players in the Finance Industry.
Finance company offers loans in various segments, including small and large scale industries, for affordable rates. The company is also offering Microfinance loans in different sectors.
The company offers loans to the customers for their business expansions and widely operates on a vast scale in financing and rendering financial services to their customers. The company operates from branches in urban, semi-urban & rural areas of Maharashtra and Gujarat, Eastern India, etc., with offices, direct selling agents and business partners.
ARC has a strong Loan book, which it is planning to increase.
As per a recent survey, Non-banking finance companies (NBFCs) continue to grow in the personal loan (PL) segment in volume terms, doubling their market share in the last two years. Also, this helps in expanding their borrower base rapidly and provides cross-sell opportunities for other financial products & services.
With the Budget laying thrust on infra related sector, ARC can benefit as its loan and financing to the infra sector may improve substantially.
293343 903792Would love to perpetually get updated great weblog ! . 385333
409346 484875I discovered your weblog post web website on the search engines and appearance several of your early posts. Always maintain the top notch operate. I additional the Feed to my MSN News Reader. Seeking forward to reading much much more on your part down the line! 332275
839513 825508I want to start a blog but would like to own the domain. Any ideas how to go about this?. 560832
343928 876721Some times its a pain within the ass to read what weblog owners wrote but this internet internet site is actually user genial ! . 873950
384512 195198Some genuinely very good articles on this web site , thankyou for contribution. 731944
659131 963808An interesting discussion is worth comment. I think which you need to have to write much more on this matter, it might not be a taboo topic but generally individuals are not enough to speak on such topics. To the next. Cheers 665535
103252 894220Im having a small difficulty. Im unable to subscribe to your rss feed for some reason. Im employing google reader by the way. 166203
840334 57910I genuinely enjoy the theme on your site, I run a web site , and i would adore to use this theme. Is it a totally free style, or is it custom? 550439
439865 385569I think this really is one of the most significant info for me. And im glad reading your write-up. But want to remark on some common issues, The internet site style is perfect, the articles is genuinely wonderful : D. Very good job, cheers 58773
330069 821886bmmzyfixtirh cheapest phentermine zero health professional prescribed qrdzoumve buy phentermine diet pill iixqnjouukkebr 302663