Thursday, June 05, 2014
Capri Global Capital Limited
(Formerly Money Matters Financial Services Ltd)
Capri Global Capital Ltd is India's Leading Non Deposit Accepting Systematically important non-Banking Finance Company (NBFC--NDS) focused on Wholesale and Small and Micro Enterprise lending. CGCL has duel focus, under wholesale lending on residential real estate projects of reputed developers pan India and on SME lending business under priority sector, providing loans for purchases of machinery, equipments, working capital, etc. CGCL is also present in structured debt financing segment.
Therefore, if the shares of Banks are rising then this stock should also logically rise. CMP: Rs.150.