The authorized capital of the company is Rs 1 crore which is divided into 10 lakh equity shares of Rs 10 equity shares.
Standard Capital Markets has informed the stock market that on June 19, Standard Capital Markets has formed this wholly-owned subsidiary under the Companies Act. Its name is Standard Insurance Broking Limited.
The authorized capital of the company is Rs 1 crore which is divided into 10 lakh equity shares of Rs 10 equity shares. The shares of Standard Capital Markets have given a bumper return of 5300 per cent to the investors in the last 5 years.
Standard Capital Markets Limited is a financial services company with a market cap of Rs 224 crore whose shares have a 52-week high of Rs 3.52 and a 52-week low of Rs 1.5. Standard Capital Markets has told the stock exchange that this company will do insurance brokerage work.
Standard Capital Markets’ stock has given investors a bumper return of 5300 percent in the last 5 years. The company’s stock was split into 10 parts a few days ago in December. Standard Capital Markets’ stock was at the level of Rs 1.36 5 years ago since then its price has jumped by more than 5300 percent.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)