Edition:
United Kingdom

Weizmann Forex Ltd (WEIM.NS)

WEIM.NS on National Stock Exchange of India

514.25INR
9:59am GMT
Change (% chg)

Rs0.75 (+0.15%)
Prev Close
Rs513.50
Open
Rs513.05
Day's High
Rs515.00
Day's Low
Rs512.30
Volume
17,047
Avg. Vol
17,619
52-wk High
Rs1,326.00
52-wk Low
Rs466.00

Latest Key Developments (Source: Significant Developments)

EbixCash Acquires Weizmann Forex Limited
Wednesday, 2 Jan 2019 

Jan 2 (Reuters) - Ebix Inc ::EBIXCASH ACQUIRES WEIZMANN FOREX LIMITED (BSE:WEIZFOREX) AND STRENGTHENS LEADERSHIP POSITION IN INDIA’S FOREIGN EXCHANGE AND REMITTANCE MARKETS.EBIX INC - PURCHASE VALUES 100% OF WEIZMANN FOREX AT $65.94 MILLION.EBIX INC - WILL BE FUNDING ENTIRE TRANSACTION IN CASH, USING ITS EXISTING BANK LINE AND INTERNAL CASH RESERVES.EBIX INC - EBIX EXPECTS ACQUISITION TO BE IMMEDIATELY ACCRETIVE TO ITS EARNINGS.EBIX INC - WEIZMANN WILL BE INTEGRATED INTO EBIXCASH FINANCIAL EXCHANGE OFFERING IN INDIA AND ABROAD..EBIX INC - MADE A PUBLIC OFFER TO ACQUIRE REMAINING 25.16% PUBLICLY-HELD WEIZMANN FOREX SHARES FOR INR 528 ($7.54) PER SHARE.EBIX - EXPECTS WEIZMANN DEAL, ONCE INTEGRATED WITHIN ABOUT 6 MONTHS, TO CONTRIBUTE AT LEAST 15 CENTS/SHARE IN ADDITIONAL EPS OVER 12-MONTH PERIOD.EBIX INC - EBIXCASH WORLD MONEY TO ACQUIRE A 74.84% CONTROLLING STAKE IN INDIA BASED WEIZMANN FOREX LIMITED.  Full Article

India's Weizmann Forex Sept-Qtr Profit Rises
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Weizmann Forex Ltd ::SEPT QUARTER NET PAT 155.2 MILLION RUPEES VERSUS PROFIT 146.6 MILLION RUPEES YEAR AGO.SEPT QUARTER REVENUE FROM OPERATIONS 25.17 BILLION RUPEES VERSUS 20.43 BILLION RUPEES YEAR AGO.  Full Article

Weizmann Forex To Consider Raising Funds Via Issue Of Shares
Tuesday, 16 Jan 2018 

Jan 16 (Reuters) - Weizmann Forex Ltd ::SAYS TO CONSIDER RAISING OF FUNDS BY ISSUE OF EQUITY SHARES.  Full Article

India's Weizmann Forex Sept-qtr PAT rises
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Weizmann Forex Ltd ::Sept quarter net PAT 145.8 million rupees versus profit of 44.7 million rupees year ago.Sept quarter revenue from operations 20.43 billion rupees versus 15.82 billion rupees year ago.Says approved scheme of demerger of wind power unit of co, transferred the same to Karma Energy ‍​.  Full Article