Edelweiss Financial Services has zoomed to 6.8 year high in morning trade on the BSE after the company reported a strong set of earnings in the recently concluded December quarter.
The group posted 43.3 per cent jumped in Q3FY15 net profit at Rs. 82.86 crore when compared with Rs. 69.25 crore in the corresponding quarter a year ago. Total income also surged by 49.2 per cent to Rs. 960.29 crore from Rs. 643.75 crore.
The stock soared nearly 19 per cent to the day's high at Rs. 82.25, and is now up 14 per cent at Rs. 78.75. The stock has zoomed almost 53 per cent so far this month.
Total traded quantity on the counter stood at over 16.59 lk shares.
Meanwhile, the Sensex has advanced by 93 points to 29,372.
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