Haryana Financial Corporation Ltd
Haryana Fin. Co. | 530927
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About Company
- Haryana Financial Corporation Limited (HFCL), a premier state-level institution was established in 1967 under the State Financial Corporations Act, 1951 as a State level development financial institution to provide financial assistance to the industrial units and for other activities
- Company was promoted jointly by the Government of Haryana and the Industrial Development Bank of India
- HFC has been approved by SEBI as a Category-I Merchant Banker
- It is also ranked as Category-A state-level financial institution by IDBI
- The Corporation's activities include merchant banking, investment banking, trade finance, lease finance and term lending
- Based on its track record, the Corporation was the first state-level financial institution to go public in 1995
- The Corporation is also the first state financial corporation holding OTCEI membership
- During 1995, the Company diversified its range of financial services to include non-fund-based assistance in the form of guarantees, letters of credit and forex services
- In 1999-1999, there was reduction in profits due to low spread available because of downward revision in lending rates and rebate in interest rates to good borrowers and high cost of funds
- Hence, to improve liquidity position and reduced dependence on larger debts, the Company gave top priority to the recovery of its dues
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Frequently Asked Questions
What is Share Price of Haryana Financial Corporation Ltd?
The current share price of Haryana Financial Corporation Ltd (Haryana Fin. Co.) is ₹65.50. This price reflects the latest market valuation and is updated in real-time during trading hours.
What is the 52-week high and low of Haryana Financial Corporation Ltd?
Haryana Financial Corporation Ltd has a 52-week high of ₹93.97 and a 52-week low of ₹59.76. This range shows the stock's price volatility over the past year.
What is the ROE of Haryana Financial Corporation Ltd?
Haryana Financial Corporation Ltd has a Return on Equity (ROE) of -1.24%. ROE measures how effectively the company uses shareholders' equity to generate profits, with higher values generally indicating better performance.
Disclaimer:
Please note that the above list and information is for research purposes only and are not recommendations. Do your own due diligence or consult an investment advisor before investing. The above data is dynamic in nature and subject to real-time changes and is derived from CMOTS.
