Gujarat State Financial Corporation Share Price
₹21.65 +0.5 (2.36%)
28 Dec, 2024 18:19
Start SIP in GUJSTATFIN
Start SIPPerformance
- Low
- ₹0
- High
- ₹0
- 52 Week Low
- ₹0
- 52 Week High
- ₹0
- Open Price₹0
- Previous Close₹0
- Volume
Investment Returns
- Over 1 Month -1.59%
- Over 3 Month -7.91%
- Over 6 Month -11.88%
- Over 1 Year + 41.97%
Smart Investing Starts Here Start SIP with Gujarat State Financial Corporation for Steady Growth!
Gujarat State Financial Corporation Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.
- P/E Ratio
- 12.3
- PEG Ratio
- -0.9
- Market Cap Cr
- 193
- P/B Ratio
- -0.1
- Average True Range
- 1.36
- EPS
- -
- Dividend Yield
- 0
- MACD Signal
- -0.12
- RSI
- 35
- MFI
- 59.37
Gujarat State Financial Corporation Financials
Gujarat State Financial Corporation Technicals
EMA & SMA
- Bullish Moving Average 2
- Bearish Moving Average 14
- 20 Day
- ₹22.16
- 50 Day
- ₹22.50
- 100 Day
- ₹22.93
- 200 Day
- ₹22.57
Resistance and Support
- R3 23.78
- R2 23.06
- R1 22.05
- S1 20.32
- S2 19.60
- S3 18.59
Gujarat State Financial Corporation Corporate Actions - Bonus, Splits, Dividends
Date | Purpose | Remarks |
---|---|---|
2024-11-07 | Quarterly Results | |
2024-08-08 | Quarterly Results | |
2024-05-28 | Audited Results | |
2024-02-09 | Quarterly Results | |
2023-11-09 | Quarterly Results |
Gujarat State Financial Corporation F&O
About Gujarat State Financial Corporation
Incorporated in 1960, Gujarat State Financial Corporation is a term lending development financial institution mandated to provide finance to small and medium scale enterprises.
GSFC was created under the State Financial Corporation Act, 1951 passed by Parliament, with an objective to provide financial assistance to small and medium scale new/existing industrial and service sector units in Gujarat and for acquisition of fixed assets, preliminary & pre-operative expenses, expansion, modernization, diversification etc.
At present, the company has financed 47,331 units and disbursed Rs. 3,300 crore, generating employment for over 6,00,000 persons. Many financed units have also graduated from small to medium and large scale.
GSFC started making losses from FY01 and defaulted in repayment of debt. As a result, the corporation was compelled to withdraw from main activities of sanction and disbursement of loan since FY02 and concentrated only on recovery of dues since then. Presently, corporations are not in a position to extend financial assistance to the small-scale sector. In FY21, the corporation's recovery of dues stood at Rs. 3.53 crore (vs 7.95 crore in FY20). In spite of introducing various attractive
One Time Settlement Schemes, corporations are still facing lower recovery of dues and mounting losses. Corporation recognizes income by way of interest, penalty and other charges after realization of cheques as intimated by banks.
In FY21, the company generated revenue from Interest on Loans & Advances ~3%, Interest on Deposits ~73%, Provision Against Npa Written Back ~20%, Diminution in the Value of Investments Written Back ~4%. Company is reporting losses for the past many years
- NSE Symbol
- GUJSTATFIN
- BSE Symbol
- 532160
- ISIN
- INE944A01011
Similar Stocks to Gujarat State Financial Corporation
Gujarat State Financial Corporation FAQs
Gujarat State Financial Corporation share price is ₹21 As on 28 December, 2024 | 18:05
The Market Cap of Gujarat State Financial Corporation is ₹192.9 Cr As on 28 December, 2024 | 18:05
The P/E ratio of Gujarat State Financial Corporation is 12.3 As on 28 December, 2024 | 18:05
The PB ratio of Gujarat State Financial Corporation is -0.1 As on 28 December, 2024 | 18:05
Important metrics for analyzing Gujarat State Financial Corporation 's share price include: 1. P/E Ratio, 2. ROE, 3. Debt to Equity (0.05): Shows the company's low debt level, implying financial stability.
To buy Gujarat State Financial Corporation shares, open a 5paisa account, fund it, search for Gujarat State Financial Corporation , place buy order, & confirm.
Disclaimer: Investment in securities market are subject to market risks, read all the related documents carefully before investing. For detailed disclaimer please Click here.