Capital First advances after good Q1 result

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Capital Market
Last Updated : Aug 04 2016 | 1:47 PM IST

Capital First rose 1.72% at Rs 698.45 at 12:42 IST on BSE after consolidated net profit increased 48.4% to Rs 49.16 crore on 56.1% increase in total income to Rs 621.80 crore in Q1 June 2016 over Q1 June 2015.

The result was announced after market hours yesterday, 3 August 2016.

Meanwhile, the S&P BSE Sensex was up 51.48 points, or 0.19%, to 27,751.85

On BSE, so far 1.24 lakh shares were traded in the counter as against average daily volume of 42,258 shares in the past one quarter. The stock hit a high of Rs 722 and a low of Rs 677.50 so far during the day. The stock had hit a 52-week high of Rs 796.25 on 28 July 2016. The stock had hit a 52-week low of Rs 320.95 on 25 August 2015. The stock had outperformed the market over the past one month till 3 August 2016, rising 15.25% compared with 2.04% rise in the Sensex. The scrip also outperformed the market in past one quarter, gaining 48.22% as against the Sensex's 9.78% rise.

The mid-cap company has equity capital of Rs 91.45 crore. Face value per share is Rs 10.

Capital First provides debt financing to Micro, Small and Medium Enterprises (MSMEs) and Indian consumers.

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First Published: Aug 04 2016 | 12:51 PM IST

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