S E Investments to consider issue of Bonus Shares

SE Investments , a listed microfinance company has informed the Bombay Stock Exchange that it has postponed it’s board meeting which was scheduled to be held on January 24, 2011. se investments india

The board meeting will now be held on February 07, 2011, to consider the following:

  1. To consider and approve un-audited financial results for the quarter ended December 31, 2010.
  2. To consider the proposal for issuance of bonus shares.

SE Investments Share Price

The share price of S E Investments which had touched a 52 week high of Rs 41.25 in early January 2011 , has since then dropped by more than 100 % over the past weeks and is currently trading in the Rs 19 range.

Some analysts attribute the drop in share prices to concerns of future growth and profitability of the microfinance sector in India.

s e investments share price

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