JM Financial falls despite reporting 7% rise in Q2 consolidated net profit

28 Oct 2020 Evaluate

JM Financial is currently trading at Rs. 80.55, down by 0.05 points or 0.06% from its previous closing of Rs. 80.60 on the BSE.

The scrip opened at Rs. 81.85 and has touched a high and low of Rs. 81.85 and Rs. 79.80 respectively. So far 47863 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 126.00 on 07-Feb-2020 and a 52 week low of Rs. 55.50 on 05-May-2020.

Last one week high and low of the scrip stood at Rs. 86.70 and Rs. 77.60 respectively. The current market cap of the company is Rs. 7670.16 crore.

The promoters holding in the company stood at 54.82%, while Institutions and Non-Institutions held 34.38% and 10.80% respectively.

JM Financial has reported 38.23% rise in its net profit at Rs 67.76 crore for the quarter ended September 30, 2020 as compared to net profit of Rs 49.02 crore for the same quarter in the previous year. Total income of the company increased by 34.30% at Rs 131.51 crore for Q2FY21 as compared Rs 97.92 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a marginal rise of 7.31% in its net profit attributed to owners at Rs 139.06 crore for the quarter ended September 30, 2020 as compared to net profit of Rs 129.59 crore for the same quarter in the previous year. However, total income of the company marginally decreased by 5.67% at Rs 803.40 crore for Q2FY21 as compared Rs 851.39 crore for the corresponding quarter previous year.

JM Financial Share Price

74.56 -4.11 (-5.22%)
28-Mar-2024 16:01 View Price Chart
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