Returns
19.14%
Loading chart...
Fundamentals
Large Cap
Financial - Banking
Market Cap (Cr)
19.07
Earning Per Share
0.02
Dividend Yield
-%
P/E Ratio
310.00
P/B Ratio
-4.66
Debt to Equity
-
Performance
min-value
max-value
Open
56,601.30
52-wk High
75,250.00
High
56,601.30
52-wk Low
75,250.00
Low
56,601.30
Band
75,250.00
Lower Circuit
56,601.30
Upper Circuit
75,250.00
Volume
56,601.30
VWAP
75,250.00
52 Week Performance
min-value
max-value

5.34% down side
up side5.34%

About the company
Gujarat Lease Financing (GLFL) was formed in Jul.'83 as a wholly-owned subsidiary of the Gujarat Industrial Investment Corporation (GIIC) to provide financial services for all-round development of industries in and around Gujarat. The company commenced operations in 1985 and went public in 1990, reducing GIIC's stake to 51%. In 1994, GIIC entered into a joint-sector agreement with the Torrent group and reduced its stake to 26%, with the Torrent group holding 25%. GLFL also undertakes investment banking and securities-related credit. With a plan to diversify, during 1991-92, the merchant banking division became operational and the company was registered as a category-I merchant banker with the SEBI.