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Nahar Capital & Financial Services Ltd.

BSE: 532952 Sector: Financials
NSE: NAHARCAP ISIN Code: INE049I01012
BSE LIVE 15:40 | 17 Nov 155.00 -0.70
(-0.45%)
OPEN

158.00

HIGH

158.00

LOW

155.00

NSE 15:31 | 17 Nov 154.85 0.35
(0.23%)
OPEN

154.60

HIGH

159.45

LOW

153.25

OPEN 158.00
PREVIOUS CLOSE 155.70
VOLUME 6482
52-Week high 170.00
52-Week low 82.00
P/E 9.77
Mkt Cap.(Rs cr) 259
Buy Price 0.00
Buy Qty 0.00
Sell Price 155.00
Sell Qty 138.00
OPEN 158.00
CLOSE 155.70
VOLUME 6482
52-Week high 170.00
52-Week low 82.00
P/E 9.77
Mkt Cap.(Rs cr) 259
Buy Price 0.00
Buy Qty 0.00
Sell Price 155.00
Sell Qty 138.00

Nahar Capital & Financial Services Ltd. (NAHARCAP) - Company History

Nahar Capital and Financial Services Limited is an India-based non banking finance company. The Companys business is investment in shares, debentures, stock, bonds and securities of any kind issued by companies, banks, mutual funds, any authority, central, state, municipal, local and to invest subscribe, purchase, acquire and/or sell or otherwise place funds by way of deposit to any body corporate, firm, person, any other authority or association. The Company is engaged in investment activities. Its investment activities comprise of investment portfolio consisting of securities held as capital assets and trading portfolio consisting of securities held as stock in trade. The Company may also undertake new activities, such as financial consultancy, merchant banking, underwriting business, stock broking, and other miscellaneous finance activities. Nahar Capital and Financial Services Limited was incorporated on 31st March, 2006 as Public Limited Company under Companies Act, 1956 with the object of carrying on Investment Business, which was hived off from NAHAR SPINNING MILLS LIMITED pursuant to the Scheme of Demerger and Arrangement duly approved by Hon'ble Punjab and Haryana High Court, Chandigarh as per Order dated 21st December, 2006. The Company registered with Reserve Bank of India (RBI) vide its Registration No. N-06.00588 dated 22nd January, 2008 as Non Deposit Taking Non Banking Financial Company (NBFC). The Company has been categorized as Systematically Important Non Deposit Taking Non Banking Financial Company (NBFCs-ND-SI) as per Non Banking Financial (Non Deposit Accepting or Holding) Companies Prudential Norms Directions, 2007 of Reserve Bank of India. The main business activity of the Company is to carry on the business of investment in shares, debentures, stock, bonds and securities of all kinds and other businesses generally carried on by finance and investment companies. The Company is doing investment activities with long term perspective as well as doing trading business to avail the benefits of short term investment/financial opportunities in the present market conditions.