Thursday , October 28 2021

Geojit Financial Services rises on entering into agreement with PNB

Geojit Financial Services is currently trading at Rs. 65.10, up by 1.10 points or 1.72% from its previous closing of Rs. 64.00 on the BSE.

The scrip opened at Rs. 65.00 and has touched a high and low of Rs. 66.35 and Rs. 64.50 respectively. So far 32912 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 1 has touched a 52 week high of Rs. 65.70 on 11-May-2021 and a 52 week low of Rs. 18.60 on 20-May-2020.

Last one week high and low of the scrip stood at Rs. 65.70 and Rs. 55.10 respectively. The current market cap of the company is Rs. 1525.59 crore.

The promoters holding in the company stood at 62.20%, while Institutions and Non-Institutions held 1.57% and 36.23% respectively.

Geojit Financial Services has entered into an agreement with Punjab National Bank (PNB) to provide a three-in-one account to the latter’s customers. The new service gives customers who have a savings account with PNB, PNB demat account and Geojit trading account. The savings and demat account can be opened online in PNB.
The 3-in-1 account makes it easier for PNB customers to transfer funds real time via the payment gateway facility from their savings accounts to meet their investment needs. The trading account, which can be opened online in 15 minutes, provides a seamless interface to invest online in the avenues offered by Geojit

Geojit Financial Services offers wide range of investments options in equity, futures and options, IPOs and mutual funds. The company offers clients daily SMS alerts, market pointers, periodical research reports, stock recommendations and customer meets organized frequently.

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