Penny Stock Under Re 1: Company Provides Education Loans to Over 500 New Students During This Fiscal Year; Details Inside
From Rs 0.08 to Rs 0.85 per share, the stock gave multibagger returns of 963 per cent in 3 years.
On Wednesday, the shares of Standard Capital Markets Ltd gained 1.19 per cent to Rs per share from its previous closing of Rs 0.88 per share. The stock’s 52-week high is Rs 3.52 and its 52-week low is Rs 0.81.
Standard Capital Markets Limited, a leading financial company, is proud to announce that it has successfully extended educational loans to over 500 new students across the country during this fiscal year. This initiative is part of the company's ongoing commitment to empower the next generation of professionals and provide them with the financial support needed to pursue higher education.
With a vision to foster academic excellence, Standard Capital Markets Limited has been providing tailored education loans to students aspiring to pursue undergraduate, postgraduate, and professional courses in India and abroad. The company's education loan program offers flexible repayment terms, and easy documentation to ensure students can access funding with minimal hassle.
The company's education loan services have been designed to cater to the specific needs of students, offering funding for a wide range of courses, including engineering, medical, management, law, and arts. In addition to financial support, Standard Capital Markets Limited provides personalized loan counselling, ensuring that each student is equipped with the right information to make informed decisions about their education financing. Standard Capital Markets Limited has consistently been a trusted partner for students and their families, ensuring that they receive the financial backing they need to pursue their dreams. The company is proud to continue its mission of supporting education and empowering students to achieve academic success.
DSIJ’s ‘Micro Marvel' service recommends micro-cap stocks with the potential to grow multifold in long run. If this interests you, do download the service details here.
About the Company
Standard Capital Markets Ltd., an NBFC established in 1987 and registered with the RBI, offers a comprehensive suite of financial services beyond traditional banking. These include advisory services, arbitration, due diligence, legal assistance, and licensing support. To further expand its reach, the company established a wholly owned subsidiary, Standard Capital Advisors Limited, specializing in merchant banking activities. With a strong commitment to customer satisfaction and a focus on integrity and innovation, Standard Capital Markets Ltd. aims to provide valuable financial solutions to individuals and businesses while actively contributing to the growth of the education sector by ensuring accessibility to financial opportunities.
The company has a market cap of Rs 147 crore and has delivered good profit growth of 173 per cent CAGR over the last 5 years. According to the shareholding pattern, promoters of the company only own a 13.89 per cent stake while the public owns an 86.11 per cent stake as of September 2024. From Rs 0.08 to Rs 0.85 per share, the stock gave multibagger returns of 963 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.