Support and Resistance Levels
Past performance
About Sakthi Finance Ltd Sakthi Finance Limited (SFL), established in 1955 and rebranded in 1967, is a Non-Banking Financial Company (NBFC) specializing in Used Commercial Vehicle Loans and Construction Equipment Loans. It primarily focuses on hire purchase financing for commercial vehicles, infrastructure equipment, and machinery. Over the years, SFL has expanded its financial services to include leasing, mortgage financing, and deposit mobilization, alongside offering safe deposit lockers. Notably, the company emphasizes truck finance due to rising demand in the commercial vehicle sector.
SFL has a history of capital raising through rights issues and public offerings of non-convertible debentures (NCDs) to strengthen its financial base and expand its operations. Significant events include the 2007 rights issue, increasing its paid-up capital, and subsequent NCD issues in 2015 and 2016, totaling Rs 300 crore. These financial maneuvers have facilitated the company's listing on prominent stock exchanges like BSE and helped bolster its market position.