Monarch Networth Capital Ltd Performance
Open
534.25
Traded Value (Cr)
1.15 Cr
Prev. Close
539.55
VWAP
529.59
Volume
11,061
Face Value
10
Monarch Networth Capital Ltd Fundamentals
Monarch Networth Capital Ltd Financials
Resistance and Support
₹544.88
PIVOT
 Resistance | |
|---|---|
| First Resistance | ₹554.267 |
| Second Resistance | ₹568.183 |
| Third Resistance | ₹577.567 |
 Support | |
|---|---|
| First Resistance | ₹530.967 |
| Second Resistance | ₹521.583 |
| Third Resistance | ₹507.667 |
| RSI | 17.653 |
| MACD | -23.285 |
| ADX | 22.241 |
| CCI | -197.645 |
Delivery and Volume
About Monarch Networth Capital Ltd
Monarch Networth Capital Limited (MNCL) was originally formed under the name of 'Networth Finance Limited on 2nd December 1993. Thereafter, it was changed to Networth Stock Broking Limited w.e.f. 30 September, 1997 and to Monarch Networth Capital Limited w.e.f 13 October, 2015. MNCL is predominantly engaged in Share & Stock Broking, Merchant Banking, and Mutual Fund Distributor. The Company is a member of National Stock Exchange of India Ltd. (NSE) BSE Ltd. (BSE), Metropolitan Stock Exchange of India Ltd (MSEI) in the Capital Market and Derivatives (Futures & Options) Segment. It is also Depository Participant with Central Depository Services India (CDSL) and National Securities Depository (India) Limited (NSDL) and also registered in Securities and Exchange Board of India (SEBI) as a Category 1 Merchant Banker and Research Analyst. The Company has emerged as a leading provider of financial services and information provider primarily to Institutional and Retail clients in India for more than a decade. The company's main area of operations are dealing in shares and rendering corporate advisory services. It has commenced operations on the National Stock Exchange. It has obtained dealership on the OTCEI. NFL has started rendering corporate advisory services and consultancy services to NRIs/OCBs and other foreign investors. It has also started developing specialised software on Indian capital markets for its clientele. In 1995-96, the company was approved by SEBI as a category-I merchant banker. It came out with a rights issue in the ratio of 1:2 at par to meet working capital requirements. As per the Scheme of Amalgamation, Monarch Research and Brokerage Private Limited (MRBPL) and Monarch Project and Fimarkets Limited (MPFL) (Transferor Companies) were amalgamated with Company (Transferee Company ) on a going concern basis and resulting to the said Scheme, all assets and liabilities of the Transferor Companies stood transferred to and vested in the Company from the Appointed date i.e. 1st April, 2010 and accordingly, the Scheme was effective from 15th October, 2014. The company incorporated a new subsidiary company 'Monarch Networth Capital IFSC Private Limited' on 14th March, 2017. During 2019, as part of the group restructuring, the Scheme of Amalgamation between Networth Insurance Broking Pvt Ltd (NIBPL), Networth Wealth Solution Ltd (NWSL), Monarch Networth Comtrade Ltd (MNCTL) and Networth SoftTech Ltd (NSL) (the Transferor Companies) with the Company and their respective shareholders got approved by the National Company Law Tribunal (NCLT) with effect from the Appointed Date i.e. 01st April, 2017. As a result of the group restructuring and implementation of the aforesaid Schemes, the Transferor Companies was dissolved without winding up in May, 2019.
Managing Director
Vaibhav Shah
Founded
1993
NSE Symbol
MONARCH
Monarch Networth Capital Ltd Management
| Name | Designation |
|---|---|
| Manju S Bafna | Chairman & Exec. Director |
| Vaibhav Shah | ED / MD / Promoter |
| Ashok D Bafna | WTD & Executive Director |
| Chetan Bohra | Independent Non Exe. Director |
| Satish Kumar | Independent Non Exe. Director |
| Avni Chouhan | Independent Non Exe. Director |
| Nitesh Tanwar | Company Sec. & Compli. Officer |
Monarch Networth Capital Ltd News
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