Can fin homes share price tanked by more than 107.70 points. On the NSE, so far 66,444 shares were traded on the counter, with a traded value of Rs 1,004.47 lacs. The stock had hit a high of Rs 1610.00 and a low of Rs 1476.75 so far during the day.
The stock hit a 52-week high of Rs 1,889.85 (18-OCT-16). The stock hit a 52-week low of Rs 840.00 (12-FEB-16). The small-cap company has a market cap of Rs 4233.31 (Cr). Face value per share is Rs 10.
Canara Bank proposed to bring down stake in its housing finance subsidiary Can Fin Homes to 30 per cent as a part of strategy to exit non-core business. Apart from that, the bank also aspires to reduce its stake by 70 per cent in unlisted Canbank Factors Ltd. As of now, Canara Bank holds 43.45 per cent stake in the housing finance company whereas the rest 56.55 per cent is with public shareholders.
Can Fin Homes is a multibagger stock for this quarter as identified by Dynamic Levels. For further details on the stock, refer to Can Fin Homes share price history.
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