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Satin Creditcare Network Ltd Performance

Today's Low
222.35
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Today's High
229.20
52 Wk Low
163.50
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52 Wk High
283.55


Open

225.1

Traded Value (Cr)

4.08

Prev. Close

223.7

Face Value

10

Volume

182241

Satin Creditcare Network Ltd Fundamentals

Market Cap
₹ 2486.15 Cr
P/E Ratio (TTM)
5.70
P/B Ratio
1.04
Debt to Equity
3.63
ROE
15.02
EPS (TTM)
39.46
Dividend Yield
0.00 %
Book Value
217.37

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Satin Creditcare Network Ltd Financials

Satin Creditcare Network Ltd Financials

Satin Creditcare Network Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Dec 2023 Sep 2023
Promoters 36.17 % 36.06 % 36.06 % 39.98 %
Others 33.82 % 34.45 % 34.56 % 33.07 %
Retail 22.22 % 17.58 % 18.22 % 18.87 %
FII 6.66 % 10.34 % 9.59 % 6.93 %
Mutual Funds 1.13 % 1.57 % 1.57 % 1.15 %

Promoters

36.17%

Others

33.82%

Retail

22.22%

FII

6.66%

Mutual Funds

1.13%

Promoters

36.06%

Others

34.45%

Retail

17.58%

FII

10.34%

Mutual Funds

1.57%

Promoters

36.06%

Others

34.56%

Retail

18.22%

FII

9.59%

Mutual Funds

1.57%

Promoters

39.98%

Others

33.07%

Retail

18.87%

FII

6.93%

Mutual Funds

1.15%

Resistance and Support

₹225.08

PIVOT

resistance-arrow
Resistance
First Resistance₹227.817
Second Resistance₹231.933
Third Resistance₹234.667
support-arrow
Support
First Support₹220.967
Second Support₹218.233
Third Support₹214.117

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day245,215125,35647.93
Week261,549136,3585.43
1 Month261,549197,0975.43
6 Months88,195,89939,904,08050.32

About Satin Creditcare Network Ltd

Satin Creditcare Network Limited (SCNL) was formed in 1990 as a Non-Banking Finance Company (NBFC) with the simple concept of providing individual loans to urban shopkeepers for tiny businesses. Since then the company has expanded and evolved into one of the leading microfinance institutions in India with its current geography in North as well as Central India. SCNL provides loans to both urban poor and rural poor to meet their productive requirements in starting new business or for growing an existing business. The Company is engaged primarily in providing micro finance services to women in the rural areas of India who are enrolled as members and organized as Joint Liability Groups (JLG). At present, SCNL has its strong presence and serves its clients throughout Bihar, Delhi, Chandigarh, Haryana, Jammu , Maharashtra, Madhya Pradesh, Punjab, Rajasthan, Uttar Pradesh and Uttrakhand. The Company launched its operations as a provider of individual and small business loans and savings services to urban lenders in 1990. It completed the IPO in 1997 and was duly listed on the Delhi Stock Exchange (DSE), Ludhiana Stock Exchange (LSE) and the Jaipur Stock Exchange (JSE). Following the subsequent derecognition of these exchanges by SEBI, the Company listed its Equity Shares on the Calcutta Stock Exchange (CSE) on May 19, 2015, on the NSE on August 26 and the BSE on October 20 in the same year, adhering to the guidelines and policies issued by SEBI regarding the exit option to regional stock exchanges (issued December 29, 2008) and the exit policy for derecognized/non-operational stock exchanges (issued May 30, 2012). The Company was registered as NBFC with the RBI in 1998. It started JLG operations in May 2008. In 2009, JLG business showed strong asset quality and large potential to scale up. The Company became the first MFI to be associated with MUDRA Bank that sanctioned its first loan of Rs 35 Crores in July, 2015. In 2015-16, the Company introduced a loan product for solar lamp where the existing clients of Company could availed a product on installment from the nearby branches. It started Health & Sanitation Loan from October, 2015. In 2016-17, Company acquired 7,977,239 Equity Shares of M/s Taraashna Services Limited (TSL) equivalent to 87.83% stake of TSL and resulting the acquisition, TSL was made subsidiary of the Company. Furtherance to this, Company raised approx. Rs.250 Crores by way of a Qualified Institutional Placement (QIP) and allotted 4,529,970 equity Shares of Rs.10 each to Qualified Institutional buyers (QIBs) at an issue price of Rs.551.88 per equity share on October 03, 2016. The Company ventured into MSME lending by incorporating Satin Finserv Limited in 2018. In 2023, the Company's subsidiary, Taraashna Financial Services Limited got merged with Satin Finserv Limited and became effective from March 1, 2023.

Managing Director

1990

Founded

H P Singh

NSE Symbol

SATIN

Satin Creditcare Network Ltd Management

NameDesignation
H P SinghChairman & Managing Director
Satvinder SinghNon-Exec & Non-Independent Dir
Sundeep Kumar MehtaIndependent Director
Sangeeta KhoranaIndependent Director
Goh ColinIndependent Director
Sanjay Kumar BhartiaIndependent Director
Anil Kumar KalraIndependent Director
VIKAS GUPTACompany Sec. & Compli. Officer
ANIL KAULNon Executive Director

Satin Creditcare Network Ltd News

Satin Creditcare Network allots NCDs aggregating to Rs 332 cr
Satin Creditcare Network announces board meeting date
On 8 May 2024
Satin Creditcare spurts after Q4 PAT climbs 33% YoY
Satin Creditcare Network rallied 6.19% to Rs 269.40 after the company's net profit jumped 32.71% to Rs 125.28 crore on 54% increase in total income to Rs 593.91 crore in Q4 March 2024 over Q4 March 2023.
Satin Creditcare Network consolidated net profit rises 30.04% in the March 2024 quarter
Sales rise 49.71% to Rs 641.47 crore
Satin Creditcare Network to convene board meeting
On 29 April 2024
Satin Creditcare Network allots NCDs aggregating Rs 75 cr
Satin Creditcare Network schedules board meeting
On 24 April 2024
Satin Creditcare Network to consider fund raising
On 16 April 2024
Satin Creditcare gains as AUM climbs 34% YoY in FY24
Satin Creditcare Network advanced 3.04% to Rs 237.25 crore after the company’s asset under management (AUM) grew 34% YoY to Rs 10,600 crore as on 31 March 2024 from Rs 7,929 crore as on 31 March 2023.
Satin Creditcare Network schedules board meeting
On 28 March 2024

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Satin Creditcare Network Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Satin Creditcare Network Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Satin Creditcare Network Ltd's share price is ₹223.70 as of May 28, 2024 at 03:49 PM

Satin Creditcare Network Ltd's P/E ratio is 5.70 times as of May 28, 2024 at 03:49 PM.

Satin Creditcare Network Ltd's most recent financial reports indicate a price-to-book ratio of 1.04, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Satin Creditcare Network Ltd's market is 2,486 Cr as on May 28, 2024 at 03:49 PM.

The current financial records of Satin Creditcare Network Ltd show a 15.02% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Satin Creditcare Network Ltd's most recent financial filings, the company has a total asset value of Crores, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Satin Creditcare Network Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Satin Creditcare Network Ltd's 52-week high and low as of May 28, 2024 at 03:49 PM are ₹283.55 and ₹283.55 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Satin Creditcare Network Ltd stands at 36.17%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 10.34% to 6.66%.