Repco Home Finance Ltd raises Rs. 50 crores through Commercial Papers

Repco Home Finance Ltd has issued Commercial Papers (CP) for Rs. 50 crores with value dated February 03, 2015. This has been subscribed by M/s. LIC Nomura Mutual Fund having maturity on March 27, 2015.

The aforesaid issuance of CP is to fund working capital requirement of the Company.

Shares of REPCO HOME FINANCE LTD. was last trading in BSE at Rs.661.5 as compared to the previous close of Rs. 669.95. The total number of shares traded during the day was 87851 in over 786 trades.

The stock hit an intraday high of Rs. 678 and intraday low of 655.6. The net turnover during the day was Rs. 58135423.

Source : Equity Bulls

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