JM Financial shares jump 9 pc post Q2 earnings
Shares of JM Financial today
surged 9 per cent after the company reported a 27 per cent
rise in consolidated net profit for the second quarter ended
The stock zoomed 9.09 per cent to settle at Rs 186.10 on
BSE. During the day, it jumped 11.92 per cent to Rs 190.95 --
its 52-week high.
On NSE, shares of the company soared 8.82 per cent to
close at Rs 186.30.
In terms of equity volume, 13.56 lakh shares of the
company were traded on BSE and over 93 lakh shares changed
hands on NSE during the day.
JM Financial today reported a 27 per cent rise in
consolidated net profit at Rs 145.84 crore for the second
quarter ended September 30, owing to steady performance of its
Net profit after tax, minority interest and share of
associates stood at Rs 114.65 crore in the corresponding July-
September quarter of the previous fiscal.
Total income in the September quarter rose nearly 34 per
cent to Rs 755.44 crore as against Rs 563.80 crore, the
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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