Lakshmi Finance & Industrial Corporation Ltd
Lak. Fin. & Indl |
Share Price Chart - Lakshmi Finance & Industrial Corporation Ltd
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About Company
- Lakshmi Finance & Industrial Corporation Limited, formerly known as The Andhra Bank Limited was incorporated as Public Limited Company in November, 1993
- Consequent to nationalization of the Andhra Bank on 15
- 1980, the Company's name was changed to Lakshmi Finance & Industrial Corporation Limited and since then the Company got involved in Financial activities
- Leasing, Hire Purchase, Bill discounting, Corporate Finance etc
- , and during the period i
- 1988 to 2002 in the manufacturing field Manufacturers of PET containers and Injection Moulded Components
- Since market conditions became less attractive and also there were no suitable borrowers for money lending for NBFC activities from 1995 onwards, because of various scams that shocked the financial markets and consequent regulatory requirements affected the Company's NBFC operations, on account of which the market environment was not conducive for NBFC activities
- Hence, for the past few years, the Company was mainly carrying on the business of investments in equity shares, mutual funds and other securities
- Further, the major portion of the funds were in the nature of investments either in the shares or mutual funds
- With regard to NBFC Registration, the Reserve Bank of India in exercise of the powers conferred on it by Section 451A of the Reserve Bank of India Act 1934 has granted a Certificate of Registration on 9th December, 1998 as 'Non-Banking Financial Institution'
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Lakshmi Finance & Industrial Corporation Ltd?
The current share price of Lakshmi Finance & Industrial Corporation Ltd (Lak. Fin. & Indl) is ₹143.00. 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 Lakshmi Finance & Industrial Corporation Ltd?
Lakshmi Finance & Industrial Corporation Ltd has a 52-week high of ₹240.90 and a 52-week low of ₹111.00. This range shows the stock's price volatility over the past year.
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.
