Purple Finance Ltd (PURPLEFIN) is currently trading at 54.20 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Purple Finance Limited is a non-banking financial company (NBFC) focusing on MSME lending. In 2022, the company shifted to a digital-first model for MSME secured lending, operating in smaller cities to support micro entrepreneurs. The merger with Canopy Finance Limited in 2022 significantly expanded Purple Finance's operational scope and equity base. The company uses technology to enhance access to credit and financial services, empowering over 500 individuals. Originally incorporated as Devipura Balaji Securities & Investments, the company has undergone significant transformations and expansions since its inception.

Over the past 52 weeks, Purple Finance Ltd has traded between a low of ₹33.00 and a high of ₹60.10. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Purple Finance Ltd has a market capitalization of approximately 293.35. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Purple Finance Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of N/A and operates in the Finance sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

You can buy shares of Purple Finance Ltd (PURPLEFIN) through any SEBI-registered stockbroker in India. A demat and trading account are required to place buy or sell orders on stock exchanges such as NSE or BSE. Shares are credited to the demat account as per the exchange settlement cycle.

Based on its market capitalization of 293.35 Cr, Purple Finance Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Purple Finance Ltd operates in the Finance sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Purple Finance Ltd is N/A. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Purple Finance Ltd currently does not pay dividends. Companies that do not pay dividends often reinvest profits to support business growth or strengthen operations.

Key risks associated with Purple Finance Ltd include sector-specific challenges in the Finance industry, regulatory changes, competitive pressures, company-level financial performance, overall market volatility, and broader macroeconomic factors that can impact stock prices.