VLS Finance in the limelight
By
Research Desk
about 11 years ago
VLS Finance is in the limelight today morning. The stock is up 5.5% at Rs.13.29, with an intra day high at Rs.13.45.
The stock is up on expectations of buy back price being announced tomorrow at the Board Meeting. Promoters currently hold 40.42%stake, while rest, 59.58% stake is held by the others. There are almost 26,000 small investors in the stock. Financially, the company is no great shakes. For Q2FY14, on a Rs.1005 crore revenue, it reported a miniscule profit of Rs.31 lakh.