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Edelweiss trades jubilantly on reporting 41% rise in Q1 consolidated net profit

03 Aug 2017 Evaluate

Edelweiss Financial Services is currently trading at Rs. 228.90, up by 14.00 points or 6.51% from its previous closing of Rs. 214.90 on the BSE.

The scrip opened at Rs. 215.95 and has touched a high and low of Rs. 229.70 and Rs. 215.00 respectively. So far 522458 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 229.70 on 03-Aug-2017 and a 52 week low of Rs. 82.10 on 19-Dec-2016.

Last one week high and low of the scrip stood at Rs. 229.70 and Rs. 197.40 respectively. The current market cap of the company is Rs. 18998.07 crore.

The promoters holding in the company stood at 36.10%, while institutions and non-institutions held 30.07% and 33.83% respectively.

Edelweiss Financial Services has reported over 2 fold jump in its net profit at Rs 29.48 crore for the quarter ended June 30, 2017 as compared to Rs 11.52 crore for the same quarter in the previous year. The total income of the company increased by 13.35% at Rs 105.28 crore for Q1FY18 as compared Rs 92.88 crore for the corresponding quarter previous year.

On consolidate basis, the company has reported 40.55% rise in its net profit after taxes, minority interest and share of profit/ (loss) of associates at Rs 196.32 crore for the quarter ended June 30, 2017 as compared to Rs 139.68 crore for the corresponding quarter in the FY17. Total consolidated income of the company increased by 28.93% at Rs 1898.04 crore for quarter under review as compared to Rs 1472.18 crore for the same quarter in the previous year.

Edelweiss Financial Share Price

119.09 1.76 (1.50%)
17-Apr-2026 16:59 View Price Chart
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