Saturday, May 17, 2008

Edelweiss Capital Strong Q4 numbers

Edelweiss Capital declined 1.08% to Rs 801.10 at 10:46 IST on BSE despite reporting 88.51% rise in net profit to Rs 10.01 crore on 252.64% rise in total income to Rs 71.2 crore in Q4 March 2008 over Q4 March 2007.

The stock hit a high of Rs 841.90 and a low of Rs 792 so far during the day. The stock had a 52-week high of Rs 1,795 on 3 January 2008 and the stock hit a 52-week low of Rs 563.50 on 24 March 2008.

The company’s current equity is Rs 37.47 crore. Face value per share is Rs 5.

The current price of Rs 801.10 discounts its Q3 December 2007 annualised EPS of Rs 2.22, by a PE multiple of 360.85.

The company’s net profit rose 6.35% to Rs 28.78 crore on 148.98% rise in total income to Rs 187.66 crore in the year ended March 2008 over the year ended March 2007.

Edelweiss Capital provides investment banking, institutional equities, private client broking, asset management, wealth management, insurance broking and wholesale financing services to corporate, institutional and high net worth individual clients.

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