Anand Rathi Wealth hits 52 week high on reporting 35% rise in Q3 consolidated net profit
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Anand Rathi Wealth is currently trading at Rs. 757.95, up by 3.15 points or 0.42% from its previous closing of Rs. 754.80 on the BSE.
The scrip opened at Rs. 752.05 and has touched a high and low of Rs. 768.00 and Rs. 736.05 respectively. So far 7062 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 5 has touched a 52 week high of Rs. 768.00 on 13-Jan-2023 and a 52 week low of Rs. 541.85 on 24-Feb-2022.
Last one week high and low of the scrip stood at Rs. 768.00 and Rs. 736.40 respectively. The current market cap of the company is Rs. 3110.57 crore.
The promoters holding in the company stood at 48.74%, while Institutions and Non-Institutions held 12.25% and 39.01% respectively.
Anand Rathi Wealth has reported results for third quarter ended December 31, 2022.
The company has reported rise of 34.59% in its net profit at Rs 42.90 crore for Q3FY23 as compared to Rs 31.87 crore for the corresponding quarter previous year. Total income of the company increased by 29.03% to Rs 134.59 crore for the quarter as compared to Rs 104.31 crore for the same quarter in the previous year.
On the consolidated basis, the company has reported rise of 34.93% in its net profit at Rs 43.23 crore for Q3FY23 as compared to Rs 32.04 crore for the same quarter in the previous year. Total income of the company increased by 29.03% to Rs 140.21 crore for the quarter under review as compared to Rs 108.66 crore for the same quarter in the previous year.
