Kreon Finnancial Services rises on launching latest feature ‘StuCred Score’ in its app

Kreon Finnancial Services is currently trading at Rs. 73.00, up by 0.55 points or 0.76% from its previous closing of Rs. 72.45 on the BSE.

Kreon Finnancial
Kreon Finnancial

The scrip opened at Rs. 72.40 and has touched a high and low of Rs. 75.95 and Rs. 68.85 respectively. So far 2593 shares were traded on the counter.

The BSE group ‘XT’ stock of face value Rs. 10 has touched a 52 week high of Rs. 102.30 on 04-Jan-2022 and a 52 week low of Rs. 7.03 on 21-Jun-2021.

Last one week high and low of the scrip stood at Rs. 77.50 and Rs. 65.55 respectively. The current market cap of the company is Rs. 80.40 crore.

The promoters holding in the company stood at 48.24% and Non-Institutions held 51.76% respectively.

Kreon Finnancial Services has launched latest feature, StuCred Score in its app. StuCred Score is an in-app scoring mechanism and a tool that is designed to capture, track, and assess its students’ financial habits and activities on a regular basis. This helps Students evaluate and quantify their financial competence by doing so.

Keeping in line with company’s goal of financial literacy, StuCred Score will allow its students to quantify and improve their financial habits. StuCred Score will analyze transactional data to develop a financial profile of its users and thus guide them into making apt financial decisions.

Kreon Finnancial Services mainly engaged into retail lending business, comprising of individual, corporate and students loan.

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