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Enbee Trade and Finance rises on planning to establish strategic partnership with Micro Money
Jan-09-2025

Enbee Trade and Finance is currently trading at Rs. 12.18, up by 0.02 points or 0.16% from its previous closing of Rs. 12.16 on the BSE.

The scrip opened at Rs. 12.62 and has touched a high and low of Rs. 12.64 and Rs. 11.91 respectively. So far 25560 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 27.90 on 10-Jan-2024 and a 52 week low of Rs. 9.29 on 25-Oct-2024.

Last one week high and low of the scrip stood at Rs. 14.29 and Rs. 11.74 respectively. The current market cap of the company is Rs. 58.83 crore.

The promoters holding in the company stood at 36.43%, while Non-Institutions held 63.57% in the company.

Enbee Trade and Finance is in advanced discussions to establish a strategic partnership with Micro Money, one of the leading digital lending platform headquartered in the National Capital Region (NCR). This proposed collaboration is designed to transform our lending operations through the integration of cutting-edge technology, enabling us to launch app-based small-ticket digital loans. This initiative underscores our commitment to innovation, financial inclusion, and serving the underserved segments of society with enhanced accessibility and efficiency.

The collaboration will deliver a seamless, end-to-end digital lending process, allowing customers to access loans via an intuitive mobile application with minimal manual intervention. Focused on underserved and emerging market segments, the initiative aims to bridge the financial accessibility gap and promote greater inclusion. The platform will deploy state-of-the-art technology to ensure rapid loan approvals, robust transaction security, and scalable infrastructure capable of addressing the dynamic demands of the digital lending landscape. 

Enbee Trade & Finance ventures into the Finance and Investments industry. The company is based in Maharashtra.

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