With a market capitalization of ₹73.54 Cr, Leading Leasing Finance And Investment Company Ltd. is a small cap company that operates in the finance industry. The firm was listed on the BSE on March 17, 2017, and it belongs to the Non-Banking Financial Company (NBFC) sector. The record date for a stock split has been made public by the company’s board of directors, and both new and current shareholders should be aware of it.
By informing stock exchanges today, the Board of Directors said “In terms of Regulation 42 (2) of the SEBI Listing Regulations, the Company has fixed Thursday 22nd September 2022 as the ‘Record Date’ for the purpose of determining the eligibility of Shareholders for the purpose of subdivision /split of every-one fully paid-up Ordinary (equity) share having face value Rs. 10/- (Rupees Ten only) each in the share capital of the Company, into ten (10) fully paid-up Ordinary (equity) shares having face value Re. 1/- (Rupee One only) each, as approved by the shareholders at the 38th Annual General Meeting held on 09th September 2022.”
Leading Leasing Finance And Investment Company Ltd. shares ended trading on Friday at ₹137.85 a share, 0.11% more than the previous closing of ₹137.70. A multibagger return and an all-time high of ₹1,219.14% during the last five years can be seen in the stock price, which rose from ₹10.45 on September 29, 2017, to the market price today.
Over the last year and the last three years, the stock has increased by 55.67% and 27.76%, respectively. In 2022 thus far, the stock has increased 51.90% YTD. Over the last six months, the stock has up 87.68%, but in the most recent month, it has down 7.89%.
As of the fiscal quarter that concluded in June 2022, the corporation was 100 percent owned by the general people. The price-to-book value (P/B) ratio for the firm is 7.67, with book value per share of Rs. 17.97.
Due to its high P/B when compared to its rivals, such as Muthoot Finance, HDFC AMC, Cholamandalam Investment & Finance Company Ltd., Bajaj Holdings, and Bajaj Finserv, the company might be considered expensive at the present market price.