SKS Microfinance surges 10%, stock hits upper limit on bourses, Latest Stock Price & Expert Comments
MUMBAI: Bucking the broader market trend, shares of SKS Microfinance , the country's largest micro lender, spurted 10 per cent on the bourses today, extending its gains for the third session straight.
The stock, which opened the day on a robust note, carried the momentum throughout and settled at Rs 542.50, hitting the upper circuit limit of 10 per cent on the BSE.
On the NSE, the scrip ended at Rs 543.65, up 10.01 per cent from its previous close in the wake of the government unveiling a draft Bill to tighten regulation of the micro finance sector.
src-ET & Rediff
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