Thursday, 23 March 2017


Mangal Credit and Fincorp Ltd., has informed BSE that a board meeting is scheduled on March 28, 2017 to consider and approve stock split. The stock split is mainly done in order to improve liquidity of the instrument in the stock market.

The stock has underperformed both BSE Small Cap and Nifty Service Sector indices on a yearly basis. BSE Small-cap index is trading up by 127 points or nearly 1% at 14029 levels. The index opened at 13942.76 levels and touched a high of 14046 levels.

Nifty Service Sector is trading up by over 14 points or 0.17% at 8487 levels. The index opened at 8501 levels, and touched its high at 8512 levels. There are 1104 advances, 491 declines and 329 unchanged stocks on NSE, indicative of a positive sentiment in the market.

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