Can Fin Homes advances after decent Q1 earnings

Image
Capital Market
Last Updated : Jul 23 2019 | 12:04 PM IST

Can Fin Homes rose 1.88% to Rs 382.50 at 10:33 IST on BSE after the company's net profit rose 10.6% to Rs 80.98 crore on a 20.2% surge in total income to Rs 484.14 crore in Q1 June 2019 over Q1 June 2018.

The announcement was made after trading hours yesterday, 22 July 2019.

Meanwhile, S&P BSE Sensex was up 6.32 points or 0.02% at 38,037.45.

On BSE, 25,000 shares were traded in Can Fin Homes counter, compared to a 2-week average of 51,000 shares. The share price hit an intraday high of Rs 388.80 and an intraday low of Rs 380.75. It hit a 52-week high of Rs 397.45 on 19 July 2019 and a 52-week low of Rs 217 on 23 October 2018.

Shares of Can Fin Homes fell 3.7% in the past two trading sessions to settle at Rs 375.45 yesterday, 22 July 2019, from its close of Rs 389.90 on 18 July 2019.

The company's gross NPA ratio stood at 0.73% in Q1 June 2019 compared with 0.66% in Q1 June 2018. Net NPA ratio stood at 0.52% in Q1 June 2019 compared with 0.44% in Q1 June 2018.

Can Fin Homes is a housing finance company.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 23 2019 | 11:08 AM IST

Next Story