Celebrated investor Dolly Khanna has bought stake in the small finance bank Suryoday Small Finance Bank in the June quarter. This is a new addition in her portfolio. Earlier there were no stocks of the scrip.
The investor as of June 30, 2022 held 1,227,986 shares in the company with a total investment of Rs. 9.8 crore. The data is taken from Trendlyne.
Since its listing in March 2021, the stock as against the IPO issue price of Rs. 305 has dived significantly to last trade at just over Rs. 80 per share on the NSE. This is a loss of as much as 74% from the issue price.
As per the SEBI norm, quarter on quarter shareholding pattern is revealed and a shareholder who holds atleast 1% stake in a listed entity is to be disclosed mandatorily.
Suryoday Small Finance Banks is engaged in business of mortgage loans, commercial vehicles loans, loans to micro, small and medium enterprises.
For investment related articles, business news and mutual fund advise
You have already subscribed
Story first published: Monday, July 25, 2022, 21:59 [IST]