This Small cap Consumer Discretionary Company Acquires 1.5 Lakh Shares of Jio Financial Services

Elpro International Ltd. has acquired 1,50,000 Equity Shares of Jio Financial Services Ltd. (JFS) worth Rs. 3.10 Crores for investment purposes. After the acquisition, the total holding accounts for 2,07,166 Equity shares including the previous holding of 57,166 Equity shares.

Elpro International is a Consumer Discretionary sector company engaged in Residential and commercial projects, according to info on BSE. With a market cap of Rs 1,164.66 Crore, it is a small-cap company.

On Friday, Elpro International's shares last traded at Rs 68.72 per share, down 0.49% from the previous close. The stock price jumped 4.77% in the past 1 week, while in 1 month, it jumped 7.43%. However, in 1 year, it declined 13.18%. In 3 and 5 years, it gained 71.80% and 18.08%, respectively.

Jio Financial Services Limited (JFSL) was originally incorporated as Reliance Strategic Investments Private Limited on July 22, 1999, under the Companies Act 1956. JFSL is a Systemically Important Non-Deposit Taking Non-Banking Financial Company (NBFC-ND-SI) registered with Reserve Bank of India ('RBI').