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The latest update is out from Akme Fintrade (India) Limited ( (IN:AFIL) ).
Akme Fintrade (India) Limited has received sanction for a term loan of Rs 20 crore from Maanaveeya Development & Finance Private Limited, strengthening its funding base for onward lending and operational needs. The additional capital is expected to support the company’s loan book expansion and enhance its financial flexibility, with the development also disclosed to stock exchanges and posted on its website for investor transparency.
More about Akme Fintrade (India) Limited
Akme Fintrade (India) Limited operates as a non-banking financial company, focusing on providing credit and financing solutions in the Indian market. The company is listed on Indian stock exchanges, reflecting its access to capital markets to support its lending and growth plans.
Average Trading Volume: 220,965
Technical Sentiment Signal: Strong Buy
Current Market Cap: 3.69B INR
For an in-depth examination of AFIL stock, go to TipRanks’ Overview page.