BMA to invest Rs 50 cr to expand reach
Stock broking firm BMA Wealth Creators, part of the Rs 850 crore BMA group, said it would expand its reach to 800 locations in the current fiscal at an investment of Rs 50 crore.
By PTI |
KOLKATA: Stock broking firm BMA Wealth Creators, part of the Rs 850 crore BMA group, on wednesday said it would expand its reach to 800 locations in the current fiscal at an investment of Rs 50 crore.
"We enjoy current marketshare of one per cent and we are aiming to double it. In this regard we are expanding our reach to 800 locations from 650 now," BMA Group Managing Director Anubhav Bhatter said.
BMA said the company will soon launch Portfolio Management Service in the next two to three months and was expecting to garner about Rs 20 crore in the first year of operation.
"We enjoy current marketshare of one per cent and we are aiming to double it. In this regard we are expanding our reach to 800 locations from 650 now," BMA Group Managing Director Anubhav Bhatter said.
BMA said the company will soon launch Portfolio Management Service in the next two to three months and was expecting to garner about Rs 20 crore in the first year of operation.
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