SKS Microfinance’s stock price rose by Rs 57.75 at the end of
yesterday’s trading. The stock was up by 5.34 % on the expectations that
it will report better than expected results.
The Stock made a high of Rs 1164.30 and a low of Rs 1071.00 in the
days trading before closing at Rs 1140.00.SKS Microfinance’s stock had
previously closed at Rs 1082.25 on the National Stock Exchange.
The board of SKS Microfinance is likely to meet on October 22 to
consider its quarterly results.The annual general meeting date too is
expected to be decided by then and shareholders are expected to be
given atleast 21 days to decide on Suresh Gurumani’s role in the
The board meeting is expected to be a stormy affair with early
reports indicating that ousted CEO of SKS Microfinance, Mr Suresh
Gurumani intends to attend the Board Meeting.
Stock Price of SKS Microfinance at the end of trading on 20th Oct 2010