You are here: Home » News-CM » Equities » Hot Pursuit
Business Standard

Repco Home declines after recent sharp rally

Capital Market 

Repco Home fell 2.78% to Rs 882.75 at 15:03 on BSE, with the stock sliding on profit booking after recent rally.

Meanwhile, the S&P Sensex was up 49.91 points, or 0.16% at 31,153.40.The S&P Mid-Cap index was down 24.39 points, or 0.16% at 14,773.81.

On the BSE, 31,000 shares were traded on the counter so far as against the average daily volumes of 29,000 shares in the past two weeks. The stock had hit a high of Rs 913.85 and a low of Rs 860.25 so far during the day. The stock had hit a record high of Rs 923 on 13 June 2017 and a 52-week low of Rs 499.50 on 20 December 2016.

Repco Home had rallied 16.66% in the preceding three trading sessions to settle at Rs 907.95 yesterday, 13 June 2017, from its close of Rs 778.25 on 8 June 2017.

Repco Home Finance's net profit rose 19.8% to Rs 50.59 crore on 13.9% increase in total income to Rs 273.66 crore in Q4 March 2017 over Q4 March 2016.

Repco Home (RHFL) is one of the leading housing finance companies in India.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 14 2017. 15:06 IST