Smallcap financial service company TruCap Finance lists on NSE, stock up 6% on debut
TruCap Finance lists equity shares on NSE, sees 6% gain in opening trade. The stock was already listed on BSE earlier. The company's revenue jumps by 52.93%, net income up 362.31% on YoY basis. AUM stands at Rs. 454.9 crores.
The shares of this small-cap multi-bagger financial service company rose after the company declared that it has listed its equity shares on the National Stock Exchange (NSE)today. The stock opened with a 6% gain at ₹60.90 per share in today’s trading session. The stock has soared by more than 21% in the last 5 trading session from ₹46.94 to ₹57.04. The company has a market-cap of 661 crores. The company has delivered a ROCE of 9.57% for the period Q4FY23. The Foreign institutional investors have increased their share holding in the last 2 quarters.
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