EFC (I) Ltd Share Price – BSE

Realty, Small Cap

EFC Group has purchased two floors admeasuring approx 26,500 square feet of commercial office space at prime location in Pune with a capacity over 600 seats.

The company said, This acquisition represents a major milestone in the expansion of our serviced office portfolio and underscores EFC Group's leadership in the managed office sector across India. The new property will be pivotal in reinforcing our market position and exemplifies our steadfast commitment to operational excellence and market leadership.

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The Forty two Ventures will engage in the business of logistics and logistic solutions, including end-to-end supply chain management. It will operate, manage, and maintain furniture studios, experience centers, and retail showrooms.

The company has subscribed 50% or 50,000 equity shares of Forty Two Ventures, with a face value of Rs 10 each, aggregating Rs 500,000.

The objectives of Forty Two Ventures align with the company’s existing business operations, as well as those of its subsidiaries. These objectives also serve as ancillary support for the group’s current business activities, leveraging its established expertise in the segment.

EFC (I) is an integrated office infrastructure and design company. It has more than 70 centers with more than 56,000 seats under management across nine cities in seven states. The company caters to more than 570 highly reputed corporates – both Indian and global names, in terms of offering high-quality working spaces.

EFC (I) has reported 91.7% jump in consolidated net profit to Rs 40.47 crore on a 4.5% rise in revenue to Rs 181.51 crore in Q3 FY25 as compared with Q3 FY24.

The counter advanced 1.33% to end at Rs 221.45 on Tuesday, 4 March 2025.

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The key equity benchmarks traded near flat line in mid-morning trade. The Nifty hovered above 22,550 mark. Auto shares jumped for the second consecutive trading sessions.

At 11:25 IST, the barometer index, the S&P BSE Sensex, advanced 154.95 points or 0.21% to 74,613.72. The Nifty 50 index added 3.60 points or 0.02% to 22,556.95.

In the broader market, the S&P BSE Mid-Cap index fell 0.17% and the S&P BSE Small-Cap index declined 0.01%.

The market breadth was positive. On the BSE, 1,913 shares rose and 1,689 shares fell. A total of 171 shares were unchanged.

The stock market will be closed tomorrow, 26th February 2025, on account of Mahashivratri.

Buzzing Index:

The Nifty Auto index advanced 0.81% to 21,727.35. The index increased 1.03% in the two trading sessions.

Mahindra & Mahindra (up 2.76%), Ashok Leyland (up 1.77%), Maruti Suzuki India (up 0.76%), Exide Industries (up 0.59%), Balkrishna Industries (up 0.39%), TVS Motor Company (up 0.37%), Bosch (up 0.33%), Eicher Motors (up 0.21%), Bharat Forge (up 0.16%) advanced.

Stocks in Spotlight:

EFC (I) rose 1.30% after the company announced that it has incorporated a wholly-owned subsidiary (WOS), named EFC Estate 710 Alpha.

NTPC shed 0.97%. The company announced that it has signed multiple memorandums of understanding (MoUs) with the Madhya Pradesh government to invest over Rs 2 lakh crore in renewable energy projects.

Blue Cloud Softech Solutions declined 0.87%. The company said that it has secured a work order from Pinnacle Hospitals India for the implementation of its advanced outpatient management system (OMS) at Pinnacle Hospitals, Visakhapatnam.

Global Market:

US Dow Jones index futures were up 72 points, indicating a positive opening in the US stocks today.

Asian shares declined on Tuesday, driven by concerns over potential U.S. investment restrictions on Chinese technology sectors and anticipation of Nvidia's earnings. The Bank of Korea's expected 0.25% interest rate cut provided limited support to South Korean stocks.

Hong Kong's Hang Seng index continued its downward trend from Monday, following U.S. measures aimed at limiting Chinese investment in strategic areas like semiconductors, artificial intelligence, and aerospace.

Investor sentiment was further dampened by continued uncertainty surrounding potential U.S. tariffs on Mexico and Canada, despite prior hopes of negotiated resolutions.

U.S. indices finished lower on Monday, with tech stocks leading the decline. This followed sharp losses in the previous session, fueled by growing concerns about a potential slowdown in the U.S. economy, as indicated by weaker consumer sentiment data.

The S&P 500 fell 0.5% to 5,983.49 points, while the NASDAQ Composite slid 1.2% to 19,286.93 points. The Dow Jones Industrial Average closed up 0.1% at 43,461.95 points.

All eyes are now on Nvidia's quarterly earnings release, scheduled for after the U.S. market close on Wednesday. Investors are particularly focused on whether the company maintained its high growth trajectory driven by strong demand for its advanced artificial intelligence chips.

Powered by Capital Market - Live News

The Forty two Ventures will engage in the business of logistics and logistic solutions, including end-to-end supply chain management. It will operate, manage, and maintain furniture studios, experience centers, and retail showrooms.

The company has subscribed 50% or 50,000 equity shares of Forty Two Ventures, with a face value of Rs 10 each, aggregating Rs 500,000.

The objectives of Forty Two Ventures align with the company’s existing business operations, as well as those of its subsidiaries. These objectives also serve as ancillary support for the group’s current business activities, leveraging its established expertise in the segment.

EFC (I) is an integrated office infrastructure and design company. It has more than 70 centers with more than 56,000 seats under management across nine cities in seven states. The company caters to more than 570 highly reputed corporates – both Indian and global names, in terms of offering high-quality working spaces.

EFC (I) has reported 91.7% jump in consolidated net profit to Rs 40.47 crore on a 4.5% rise in revenue to Rs 181.51 crore in Q3 FY25 as compared with Q3 FY24.

The counter advanced 1.33% to end at Rs 221.45 on Tuesday, 4 March 2025.

Powered by Capital Market - Live News

The key equity benchmarks traded near flat line in mid-morning trade. The Nifty hovered above 22,550 mark. Auto shares jumped for the second consecutive trading sessions.

At 11:25 IST, the barometer index, the S&P BSE Sensex, advanced 154.95 points or 0.21% to 74,613.72. The Nifty 50 index added 3.60 points or 0.02% to 22,556.95.

In the broader market, the S&P BSE Mid-Cap index fell 0.17% and the S&P BSE Small-Cap index declined 0.01%.

The market breadth was positive. On the BSE, 1,913 shares rose and 1,689 shares fell. A total of 171 shares were unchanged.

The stock market will be closed tomorrow, 26th February 2025, on account of Mahashivratri.

Buzzing Index:

The Nifty Auto index advanced 0.81% to 21,727.35. The index increased 1.03% in the two trading sessions.

Mahindra & Mahindra (up 2.76%), Ashok Leyland (up 1.77%), Maruti Suzuki India (up 0.76%), Exide Industries (up 0.59%), Balkrishna Industries (up 0.39%), TVS Motor Company (up 0.37%), Bosch (up 0.33%), Eicher Motors (up 0.21%), Bharat Forge (up 0.16%) advanced.

Stocks in Spotlight:

EFC (I) rose 1.30% after the company announced that it has incorporated a wholly-owned subsidiary (WOS), named EFC Estate 710 Alpha.

NTPC shed 0.97%. The company announced that it has signed multiple memorandums of understanding (MoUs) with the Madhya Pradesh government to invest over Rs 2 lakh crore in renewable energy projects.

Blue Cloud Softech Solutions declined 0.87%. The company said that it has secured a work order from Pinnacle Hospitals India for the implementation of its advanced outpatient management system (OMS) at Pinnacle Hospitals, Visakhapatnam.

Global Market:

US Dow Jones index futures were up 72 points, indicating a positive opening in the US stocks today.

Asian shares declined on Tuesday, driven by concerns over potential U.S. investment restrictions on Chinese technology sectors and anticipation of Nvidia's earnings. The Bank of Korea's expected 0.25% interest rate cut provided limited support to South Korean stocks.

Hong Kong's Hang Seng index continued its downward trend from Monday, following U.S. measures aimed at limiting Chinese investment in strategic areas like semiconductors, artificial intelligence, and aerospace.

Investor sentiment was further dampened by continued uncertainty surrounding potential U.S. tariffs on Mexico and Canada, despite prior hopes of negotiated resolutions.

U.S. indices finished lower on Monday, with tech stocks leading the decline. This followed sharp losses in the previous session, fueled by growing concerns about a potential slowdown in the U.S. economy, as indicated by weaker consumer sentiment data.

The S&P 500 fell 0.5% to 5,983.49 points, while the NASDAQ Composite slid 1.2% to 19,286.93 points. The Dow Jones Industrial Average closed up 0.1% at 43,461.95 points.

All eyes are now on Nvidia's quarterly earnings release, scheduled for after the U.S. market close on Wednesday. Investors are particularly focused on whether the company maintained its high growth trajectory driven by strong demand for its advanced artificial intelligence chips.

Powered by Capital Market - Live News

The company received the Certificate of Incorporation from the Ministry of Corporate Affairs on 24 February 2025.

The primary objective of this incorporation is to establish a strategic association for commercial real estate projects, including IT park developments, which align with the business of serviced offices provided by the company and its other subsidiaries.

The cost of acquisition for the new subsidiary is Rs 1,00,000, representing 10,000 equity shares of Rs 10 each. The initial subscription in EFC Estate 710 Alpha shares will be made in cash.

EFC Estate 710 Alpha is a related party of EFC (I), being a wholly-owned subsidiary, with EFC (I) holding 100% of the equity shares.

None of the promoters, promoter group, or group companies have any interest in EFC Estate 710 Alpha, except for Umesh Kumar Sahay, who acts as a nominee shareholder to meet regulatory requirements.

Additionally, Amit Narbaria and Nikhil Dilipbhai Bhuta serve as nominee directors representing EFC (I) on the board of EFC Estate 710 Alpha.

The subscription for equity shares in EFC Estate 710 Alpha will be conducted at arm's length, with each equity share valued at a face value of Rs 10.

EFC (I) is an integrated office infrastructure and design company. It has 61+ centers with more than 50,500+ seats under management across seven states. The company caters to 570+ highly reputed corporates – both Indian and global names, in terms of offering high-quality working spaces.

Powered by Capital Market - Live News

EFC Group has purchased two floors admeasuring approx 26,500 square feet of commercial office space at prime location in Pune with a capacity over 600 seats.

The company said, This acquisition represents a major milestone in the expansion of our serviced office portfolio and underscores EFC Group's leadership in the managed office sector across India. The new property will be pivotal in reinforcing our market position and exemplifies our steadfast commitment to operational excellence and market leadership.

Powered by Capital Market - Live News

The Forty two Ventures will engage in the business of logistics and logistic solutions, including end-to-end supply chain management. It will operate, manage, and maintain furniture studios, experience centers, and retail showrooms.

The company has subscribed 50% or 50,000 equity shares of Forty Two Ventures, with a face value of Rs 10 each, aggregating Rs 500,000.

The objectives of Forty Two Ventures align with the company’s existing business operations, as well as those of its subsidiaries. These objectives also serve as ancillary support for the group’s current business activities, leveraging its established expertise in the segment.

EFC (I) is an integrated office infrastructure and design company. It has more than 70 centers with more than 56,000 seats under management across nine cities in seven states. The company caters to more than 570 highly reputed corporates – both Indian and global names, in terms of offering high-quality working spaces.

EFC (I) has reported 91.7% jump in consolidated net profit to Rs 40.47 crore on a 4.5% rise in revenue to Rs 181.51 crore in Q3 FY25 as compared with Q3 FY24.

The counter advanced 1.33% to end at Rs 221.45 on Tuesday, 4 March 2025.

Powered by Capital Market - Live News

The key equity benchmarks traded near flat line in mid-morning trade. The Nifty hovered above 22,550 mark. Auto shares jumped for the second consecutive trading sessions.

At 11:25 IST, the barometer index, the S&P BSE Sensex, advanced 154.95 points or 0.21% to 74,613.72. The Nifty 50 index added 3.60 points or 0.02% to 22,556.95.

In the broader market, the S&P BSE Mid-Cap index fell 0.17% and the S&P BSE Small-Cap index declined 0.01%.

The market breadth was positive. On the BSE, 1,913 shares rose and 1,689 shares fell. A total of 171 shares were unchanged.

The stock market will be closed tomorrow, 26th February 2025, on account of Mahashivratri.

Buzzing Index:

The Nifty Auto index advanced 0.81% to 21,727.35. The index increased 1.03% in the two trading sessions.

Mahindra & Mahindra (up 2.76%), Ashok Leyland (up 1.77%), Maruti Suzuki India (up 0.76%), Exide Industries (up 0.59%), Balkrishna Industries (up 0.39%), TVS Motor Company (up 0.37%), Bosch (up 0.33%), Eicher Motors (up 0.21%), Bharat Forge (up 0.16%) advanced.

Stocks in Spotlight:

EFC (I) rose 1.30% after the company announced that it has incorporated a wholly-owned subsidiary (WOS), named EFC Estate 710 Alpha.

NTPC shed 0.97%. The company announced that it has signed multiple memorandums of understanding (MoUs) with the Madhya Pradesh government to invest over Rs 2 lakh crore in renewable energy projects.

Blue Cloud Softech Solutions declined 0.87%. The company said that it has secured a work order from Pinnacle Hospitals India for the implementation of its advanced outpatient management system (OMS) at Pinnacle Hospitals, Visakhapatnam.

Global Market:

US Dow Jones index futures were up 72 points, indicating a positive opening in the US stocks today.

Asian shares declined on Tuesday, driven by concerns over potential U.S. investment restrictions on Chinese technology sectors and anticipation of Nvidia's earnings. The Bank of Korea's expected 0.25% interest rate cut provided limited support to South Korean stocks.

Hong Kong's Hang Seng index continued its downward trend from Monday, following U.S. measures aimed at limiting Chinese investment in strategic areas like semiconductors, artificial intelligence, and aerospace.

Investor sentiment was further dampened by continued uncertainty surrounding potential U.S. tariffs on Mexico and Canada, despite prior hopes of negotiated resolutions.

U.S. indices finished lower on Monday, with tech stocks leading the decline. This followed sharp losses in the previous session, fueled by growing concerns about a potential slowdown in the U.S. economy, as indicated by weaker consumer sentiment data.

The S&P 500 fell 0.5% to 5,983.49 points, while the NASDAQ Composite slid 1.2% to 19,286.93 points. The Dow Jones Industrial Average closed up 0.1% at 43,461.95 points.

All eyes are now on Nvidia's quarterly earnings release, scheduled for after the U.S. market close on Wednesday. Investors are particularly focused on whether the company maintained its high growth trajectory driven by strong demand for its advanced artificial intelligence chips.

Powered by Capital Market - Live News

The Forty two Ventures will engage in the business of logistics and logistic solutions, including end-to-end supply chain management. It will operate, manage, and maintain furniture studios, experience centers, and retail showrooms.

The company has subscribed 50% or 50,000 equity shares of Forty Two Ventures, with a face value of Rs 10 each, aggregating Rs 500,000.

The objectives of Forty Two Ventures align with the company’s existing business operations, as well as those of its subsidiaries. These objectives also serve as ancillary support for the group’s current business activities, leveraging its established expertise in the segment.

EFC (I) is an integrated office infrastructure and design company. It has more than 70 centers with more than 56,000 seats under management across nine cities in seven states. The company caters to more than 570 highly reputed corporates – both Indian and global names, in terms of offering high-quality working spaces.

EFC (I) has reported 91.7% jump in consolidated net profit to Rs 40.47 crore on a 4.5% rise in revenue to Rs 181.51 crore in Q3 FY25 as compared with Q3 FY24.

The counter advanced 1.33% to end at Rs 221.45 on Tuesday, 4 March 2025.

Powered by Capital Market - Live News

The key equity benchmarks traded near flat line in mid-morning trade. The Nifty hovered above 22,550 mark. Auto shares jumped for the second consecutive trading sessions.

At 11:25 IST, the barometer index, the S&P BSE Sensex, advanced 154.95 points or 0.21% to 74,613.72. The Nifty 50 index added 3.60 points or 0.02% to 22,556.95.

In the broader market, the S&P BSE Mid-Cap index fell 0.17% and the S&P BSE Small-Cap index declined 0.01%.

The market breadth was positive. On the BSE, 1,913 shares rose and 1,689 shares fell. A total of 171 shares were unchanged.

The stock market will be closed tomorrow, 26th February 2025, on account of Mahashivratri.

Buzzing Index:

The Nifty Auto index advanced 0.81% to 21,727.35. The index increased 1.03% in the two trading sessions.

Mahindra & Mahindra (up 2.76%), Ashok Leyland (up 1.77%), Maruti Suzuki India (up 0.76%), Exide Industries (up 0.59%), Balkrishna Industries (up 0.39%), TVS Motor Company (up 0.37%), Bosch (up 0.33%), Eicher Motors (up 0.21%), Bharat Forge (up 0.16%) advanced.

Stocks in Spotlight:

EFC (I) rose 1.30% after the company announced that it has incorporated a wholly-owned subsidiary (WOS), named EFC Estate 710 Alpha.

NTPC shed 0.97%. The company announced that it has signed multiple memorandums of understanding (MoUs) with the Madhya Pradesh government to invest over Rs 2 lakh crore in renewable energy projects.

Blue Cloud Softech Solutions declined 0.87%. The company said that it has secured a work order from Pinnacle Hospitals India for the implementation of its advanced outpatient management system (OMS) at Pinnacle Hospitals, Visakhapatnam.

Global Market:

US Dow Jones index futures were up 72 points, indicating a positive opening in the US stocks today.

Asian shares declined on Tuesday, driven by concerns over potential U.S. investment restrictions on Chinese technology sectors and anticipation of Nvidia's earnings. The Bank of Korea's expected 0.25% interest rate cut provided limited support to South Korean stocks.

Hong Kong's Hang Seng index continued its downward trend from Monday, following U.S. measures aimed at limiting Chinese investment in strategic areas like semiconductors, artificial intelligence, and aerospace.

Investor sentiment was further dampened by continued uncertainty surrounding potential U.S. tariffs on Mexico and Canada, despite prior hopes of negotiated resolutions.

U.S. indices finished lower on Monday, with tech stocks leading the decline. This followed sharp losses in the previous session, fueled by growing concerns about a potential slowdown in the U.S. economy, as indicated by weaker consumer sentiment data.

The S&P 500 fell 0.5% to 5,983.49 points, while the NASDAQ Composite slid 1.2% to 19,286.93 points. The Dow Jones Industrial Average closed up 0.1% at 43,461.95 points.

All eyes are now on Nvidia's quarterly earnings release, scheduled for after the U.S. market close on Wednesday. Investors are particularly focused on whether the company maintained its high growth trajectory driven by strong demand for its advanced artificial intelligence chips.

Powered by Capital Market - Live News

The company received the Certificate of Incorporation from the Ministry of Corporate Affairs on 24 February 2025.

The primary objective of this incorporation is to establish a strategic association for commercial real estate projects, including IT park developments, which align with the business of serviced offices provided by the company and its other subsidiaries.

The cost of acquisition for the new subsidiary is Rs 1,00,000, representing 10,000 equity shares of Rs 10 each. The initial subscription in EFC Estate 710 Alpha shares will be made in cash.

EFC Estate 710 Alpha is a related party of EFC (I), being a wholly-owned subsidiary, with EFC (I) holding 100% of the equity shares.

None of the promoters, promoter group, or group companies have any interest in EFC Estate 710 Alpha, except for Umesh Kumar Sahay, who acts as a nominee shareholder to meet regulatory requirements.

Additionally, Amit Narbaria and Nikhil Dilipbhai Bhuta serve as nominee directors representing EFC (I) on the board of EFC Estate 710 Alpha.

The subscription for equity shares in EFC Estate 710 Alpha will be conducted at arm's length, with each equity share valued at a face value of Rs 10.

EFC (I) is an integrated office infrastructure and design company. It has 61+ centers with more than 50,500+ seats under management across seven states. The company caters to 570+ highly reputed corporates – both Indian and global names, in terms of offering high-quality working spaces.

Powered by Capital Market - Live News