TSX:FIH.U - Post Discussion
Post by
cactionalpha on Jan 22, 2020 12:11pm
5Paisa adds 99,000 customers
Agencies
The technology-driven company targets retail investors and high volume traders who actively invest and trade in securities market and seek DIY (Do-it-Yourself) services at a low cost. Discount broker
5Paisa.com on Tuesday said it has added 99,000 customers in October-December, taking its customer count to 4,24,000.
Its average daily
cash turnover grew by 12 per cent in the October-December period over the last quarter, and the average daily cash market share and total market share stood at 2.96 per cent and 2.04 per cent respectively, the company said in a release.
The technology-driven company targets retail investors and high
volume traders who actively invest and trade in securities market and seek DIY (Do-it-Yourself) services at a low cost.
5Paisa.com is looking at massive growth in the next few years after it was bolstered with Rs 110 crore
fund infusion through a rights issue in August.
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