SKS Micro up after foreign fund house acquires shares

SKS Microfinance, a non-banking finance company, gained on Thursday after foreign fund house Morgan Stanley Asia (Singapore) acquired 45 lakh shares of the company for over Rs 540 million through open market transactions. Shares ofthe companyare trading at Rs 128, up Rs 3, or 2.40% at the Bombay Stock Exchange (BSE) on Thursday at 9:43 a.m.The scrip has touched an intra-day high of Rs 128.75 and low of Rs 125.50. The total volume of shares traded at the BSE is 20,957.In the earlier session, the shares rose 2.12%, or Rs 2.6, at Rs 125.00. Currently, the stock is trading down 54.29% from its 52-week high of Rs 280 and above 135.29% over the 52-week low of Rs 54.40.

Share Price Movement Period Pricein Rs Gain/(Loss) in Rs in % 1 Week 119.20 5.80 4.87 1 Month 110.45 14.55 13.17 3 Months 68.95 56.05 81.29 6 Months 118.65 6.35 5.35 1 Year 271.90 (146.90) (54.03) Note: Based on previous day closing price.