Sonal Mercantile Limited (SONAL.BO)
Sonal Mercantile Limited operates in the Financial - Credit Services industry of the Financial Services sector, headquartered in New Delhi, DE, IN. The stock last traded at $94.99, up 2.14% on the session, giving a market capitalisation of $1.40B. Its beta of -1.68 implies it has historically moved less than the broad market.
Sonal Mercantile Limited, a non-banking financial company, provides secured and unsecured loans and advances to individuals and body corporates in India. The company offers inter corporate and personal loans, home loans, long term and short-term loans, and loans against guarantee and properties, as well as trade financing, bills discounting, and project appraisal services. It also engages in the trading of shares and securities; and arbitrage business in stock and commodity market, as well as provides financial consultancy and IPO funding services. In addition, the company invests in quoted and unquoted securities. Sonal Mercantile Limited was incorporated in 1985 and is based in New Delhi, India.
Sonal Mercantile Limited is most often compared with the following Financial Services names: