Reliance Capital rose 2.92% to Rs 394.75 at 10:20 IST on BSE after consolidated net profit rose 2% to Rs 415 crore on 11.2% growth in total income to Rs 2828 crore in Q4 March 2016 over Q4 March 2015.
The result was announced after market hours on Friday, 6 May 2016.Meanwhile, the BSE Sensex was up 323.73 points, or 1.28%, to 25,552.23
On BSE, so far 1.93 lakh shares were traded in the counter, compared with an average volume of 5.62 lakh shares in the past one quarter. The stock hit a high of Rs 396.85 and a low of Rs 386.25 so far during the day. The stock hit a 52-week high of Rs 470.80 on 5 January 2016. The stock hit a 52-week low of Rs 250.80 on 25 August 2015. The stock had outperformed the market over the past one month till 6 May 2016, rising 4.14% compared with 1.32% rise in the Sensex. The scrip had also outperformed the market in past one quarter, gaining 9.1% as against Sensex's 2.48% rise.
The mid-cap company has an equity capital of Rs 252.63 crore. Face value per share is Rs 10.
Reliance Capital said that net profit, prior to one-off creation of reserves in Reliance Life Insurance, rose 29% to Rs 526 crore in Q4 March 2016 over Q4 March 2015.
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Reliance Capital's consolidated net profit rose 10% to Rs 1101 crore on 12% growth in total income to Rs 9998 crore in the year ended 31 March 2016 over the year ended 31 March 2015.
The net worth of the company rose 12% to Rs 15390 crore as on 31 March 2016 from over a year ago period. The total assets of the company rose 41% to Rs 67,112 crore as on 31 March 2016 from over a year ago period.
Reliance Capital, a part of the Reliance Group, is one of India's leading private sector financial services companies.
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