5paisa Capital stock spikes 10% after December quarter profit zooms 1,389%

January 12, 2023 / 10:14 AM IST

5paisa Capital stock terms surged implicit 10 percent successful the greeting league connected January 12, a time aft the banal broking institution reported 1,389.19 percent emergence successful nett successful the December 4th at Rs 11.02 crore, up from Rs 0.74 crore successful the year-ago period.

The company's income roseate 4.63 percent to Rs 83.76 crore from Rs 80.05 crore during the aforesaid 4th of the erstwhile year.

At 9.45 americium 5paisa Capital was quoting astatine Rs 345.85, up Rs 32.70, oregon 10.44 percent, connected BSE. The stock, the biggest gainer among tiny caps, touched an intraday precocious of Rs 351.85 and an intraday debased of Rs 327.10.

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Earlier, 5paisa Capital, a discount broking portion belonging to Nirmal Jain-controlled IIFL Group, bought IIFL Securities' online retail broking concern successful an all-stock deal.

Headquartered successful Mumbai, 5Paisa is 1 of India’s starring fiscal services companies offering investing, security and communal funds among others.