Raama Finance Ltd
Raama Finance | 538540
Share Price Chart - Raama Finance Ltd
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About Company
- Ramchandra Leasing and Finance Limited (RLFL), was incorporated on February 2 , 1993 as Ramchandra Leasing and Finance Private Limited at Gujarat
- On January 3, 1996, the Company was converted into Public Limited Company and obtained a fresh Certificate of Incorporation from the Registrar of the Companies
- Company is a digital lending institution committed to transforming the way India accesses credit
- It provide instant small personal loans powered by advanced analytics, alternative credit evaluation methods, and a strong technological backbone
- The Company's main activity is Hire Purchase, Bill Discounting, Investments and Inter corporate Deposits
- The Company has complied with the prudential norms relating to the Income Recognition, Accounting Standards, asset classification and provisioning for bad and doubtful debts as applicable to it in terms of Non-Banking Financial (Non Deposit taking non-systematic Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions -2007
- The Hire-purchase is a Hire-purchase as a type of installment credit under which the hire-purchaser(hirer) agrees to take the goods on hire at a stated rental with an option to purchase
- The Company provides financial assistance in the form of Loans (secured and unsecured) to bodies corporate
- The total funds required for the above activity are amounting to Rs
- To over come the above expenses, the Company came out with a Public Issue in August, 2006 of 24,20,000 Equity Shares of Rs
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All figures in ₹ Crores
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Frequently Asked Questions
What is Share Price of Raama Finance Ltd?
The current share price of Raama Finance Ltd (Raama Finance) is ₹16.50. 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 Raama Finance Ltd?
Raama Finance Ltd has a 52-week high of ₹20.14 and a 52-week low of ₹3.80. This range shows the stock's price volatility over the past year.
What is the ROE of Raama Finance Ltd?
Raama Finance Ltd has a Return on Equity (ROE) of 0.36%. 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.
