Satin Creditcare Network Q2: net profit surging over 230% YoY to Rs175.92 Cr as asset quality and margins improve
India, Oct. 29 -- It is an Indian microfinance institution that provides financial services to low-income households, particularly women entrepreneurs and customers in rural and semi-urban areas. The company primarily offers microfinance loans to support small businesses, self-employment and household financial needs.
The Nifty 50 traded at 22,784.90, up by 0.38%, while the Sensex gained to 73,565.07, up by 0.44% on Thursday. The shares of Satin Creditcare Networkare currently trading at Rs. 234.2, up by 2.69%. The company has a market capitalisation of Rs. 2,587.23. The stock's 52 week high is Rs. 274.14, and its 52 week low is Rs. 135.81. In the past 6 months, the stock has delivered a return of 29.08%.
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