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IDFC drops after reporting weak Q1 results

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Capital Market
Last Updated : Jul 30 2015 | 5:54 PM IST

IDFC dropped 1.33% to Rs 152.10 at 13:50 IST on BSE after net profit declined 46.36% to Rs 240.88 crore on 2.34% rise in total income to Rs 2087.08 crore in Q1 June 2015 over Q1 June 2014.

The company announced results during market hours today, 30 July 2015.

Meanwhile, the S&P BSE Sensex was up 132.34 points or 0.52% at 27,707.34.

On BSE, so far 12.26 lakh shares were traded in the counter as against average daily volume of 7.04 lakh shares in the past one quarter.

The stock hit a high of Rs 156.80 and a low of Rs 150.75 so far during the day. The stock had hit a 52-week high of Rs 187.50 on 4 March 2015. The stock had hit a 52-week low of Rs 134.20 on 8 October 2014.

The stock had outperformed the market over the past one month till 29 July 2015, rising 4.12% compared with Sensex's 0.3% decline. The scrip had however underperformed the market in past one quarter, dropping 7.05% as against Sensex's 1.24% gain.

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The large-cap finance firm has equity capital of Rs 1593.91 crore. Face value per share is Rs 10.

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First Published: Jul 30 2015 | 1:42 PM IST

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