Capital First Tanks Nearly 5% As Warbug Pincus Sells 20% Stake

Capital First, an India-based financial company's shares on Wednesday’ trading session slipped into the red by nearly 5% as Warbug Pincus sold 20 million equity shares or 20% out of their 61% stake in the company.

Capital First on the NSE hit an intraday high of Rs 751 per share and an intraday low of Rs 734 per share. The stock has delivered nearly 50% returns in a period of one year and has outperformed the BSE Mid cap and Nifty Financial Services over the same time period.

The stock on May 10, 2017, hit its 52-week high of Rs 814 per share and on November 22, 2016, it hit its 52-week low of Rs 465 per share.

Capital First Limited is an India-based financial company, which is focused on providing debt financing to micro, small and medium enterprises (MSMEs) and Indian consumers. The company's products include personal loans, business loans, loan against property, two wheeler loans, pre-owned car loan and insurance.

For Quick Trial – 8962000225 ✔
or mail us here:
✆ - 0731-6626222 | Toll Free - 1800-3010-2007 
Give a Missed Call for Free Trial - 09699997717  
Share on Google Plus Share on Pinterest

About Suhani Varma