Reliance Capital advanced 3.50% to Rs 1506.10 at 15:20 IST on BSE after the company reported 58.70% rise in net profit to Rs 1025.45 crore in the year ended March 2008 over the year ended March 2007.
The stock hit a high of Rs 1520 and a low of Rs 1452 so far during the day. The stock had a 52-week high of Rs 2,925 on
The company’s current equity is Rs 245.63 crore. Face value per share is Rs 10.
The current price of Rs 1506.10 discounts its Q4 March 2008 annualized EPS of Rs 62.80, by a PE multiple of 23.98.
Reliance Capital's total income rose 135.30% to Rs 2079.79 crore in the year ended March 2008 (FY 2008) over the year ended March 2007. The company posted 23.90% rise in net profit to Rs 386.49 crore on 96.20% jump in total income to Rs 799.29 crore in Q4 March 2008 over Q4 March 2007.
The company posted 23.90% rise in net profit to Rs 386.49 crore on 96.20% jump in total income to Rs 799.29 crore in Q3 March 2008 over Q3 March 2007.
Reliance Capital’s board of directors recommended a dividend of Rs 5.50 per share on equity share for the financial year ended March 2008.
Reliance Capital provides corporate advisory services like project finance, management of issues for raising capital and managing exposure to currencies and interest rates. It is also involved in custodian and depository activities, asset management, insurance, and real estate development.
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