Friday 22 January 2016

Reliance Capital gains 2%; Q3 net profit up 10%

The company posted a net profit after taxes, minority interest and share of profit of associates of Rs. 2350 mn for the quarter ended December 31, 2015 as compared to Rs. 2130 mn for the quarter ended December 31, 2014.


Shares of Reliance Capital Ltd were up by 2% at Rs. 369.The company posted a net profit after taxes, minority interest and share of profit of associates of Rs. 2350 mn for the quarter ended December 31, 2015 as compared to Rs. 2130 million for the quarter ended December 31, 2014. 

Total Income has increased from Rs. 21060 mn for the quarter ended December 31, 2014 to Rs. 23180 million for the quarter ended December 31, 2015.

The scrip opened at Rs. 372 and has touched a high and low of Rs. 373.75 and Rs. 363.5 respectively. So far 1255754(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 9157.94 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 515 on 13-Mar-2015 and a 52 week low of Rs. 250.8 on 25-Aug-2015. Last one week high and low of the scrip stood at Rs. 418.35 and Rs. 339.55 respectively.

The promoters holding in the company stood at 52.64 % while Institutions and Non-Institutions held 27.67 % and 19.45 % respectively.

The stock is currently trading above its 50 DMA.

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