SATIN / NSE / Consumer Financial Services
Satin Creditcare Network
1Y Price Trend
Key Information
Recommendations
RatingStrong Buy
Target High247.15
Target Low133.5
Target Mean1
Target Median0
Risk Metrics
Overall RiskBalanced risk
Board Risk34.29
Key Analysis
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Top Events of the Day: The financial sector is abuzz with a series of significant announcements and events scheduled for July 17. From Q1 results of major companies like Asian Paints, LTIMindtree and international trade discussions, here is a rundown of what to expect.
While the Nifty 50 index has fallen 0.15% this month so far, Nifty Smallcap 100 and Nifty Midcap 100 indices have surged more than 4% each during this period, outperforming the benchmarks.
Nordic Microfinance has sold 15.61 lakh shares of Satin Creditcare Network at an average price of ₹ 175.45 per share, and 4.78 lakh shares at an average price of ₹ 176.19 per share.
The NBFC-MFIs are also expected to claw-back some market share from banks in the near term. After a long time, banks have lost market share to NBFCs. Their market share has come down to 51% from 60% in FY21.
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