Aditya Birla Money jumps on reporting 58% rise in Q1 net profit
Aditya Birla Money is currently trading at Rs. 81.40, up by 1.50 points or 1.88% from its previous closing of Rs. 79.90 on the BSE.
The scrip opened at Rs. 80.85 and has touched a high and low of Rs. 83.85 and Rs. 77.75 respectively. So far 43819 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 88.50 on 15-Jul-2021 and a 52 week low of Rs. 33.75 on 20-Jul-2020.
Last one week high and low of the scrip stood at Rs. 88.50 and Rs. 68.00 respectively. The current market cap of the company is Rs. 459.14 crore.
The promoters holding in the company stood at 73.80% and Non-Institutions held 26.20%.
Aditya Birla Money has reported 58.76% rise in its net profit of Rs 5.62 crore for the quarter ended June 30, 2021 as compared to net profit of Rs 3.54 crore for the same quarter in the previous year. Total income of the company increased by 19.60% at Rs 53.46 crore for Q1FY22 as compared Rs 44.70 crore for the corresponding quarter previous year.
Aditya Birla Money is currently engaged in the business of securities broking and is registered as a stock broker with SEBI. It offers equity and derivatives trading through NSE and BSE and holds PMS license from SEBI and offers portfolio management services.