Action Financial Services (I) Ltd

Key Stats

Day's Price Range
52-Week Price Range

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 382
Rank 376
Rank 264
Dividend Yield
Rank 111
Rank 543
Price To Book Ratio
Debt To Asset
Rank 233

Company Information

Promoted by Milan R Parikh and Bakul R Parikh Action Financial Services AFSIL was established as a public limited company in Bombay to undertake portfolio management services PMS investment advisory and financial counselling services along with merchant banking and other related activities. It is a SEBI registered categoryII merchant banker.In Dec.94 AFSIL launched a special PMS called ATOM a high power portfolio management plan designed specifically for a small investors who wish to benefit from stock market operations.AFSIL is now expanding its services to include share discounting share broking and bills discounting. The company acquired a running stock broking business from a member of BSE with goodwill which will help it to strengthen its stock broking division.During 199697 the company started operations in depository division from April 1997 An organisation concerned with handling and holding of securities on behalf of the investors after it received approval from NSDL.The company has launched Tele Depository Services during the year 19992000 which has brought in more account holders as it ensures security banking along with convenience and enjoyable experience. The company has entered into the derivative market which has commenced from June2000 as a trading cum clearing member of NSE and BSE.
OrganisationAction Financial Services (I) Ltd
IndustryStock/ Commodity Brokers