Repco Home Finance rose 1.4% to Rs 533 at 12:04 IST on BSE after a bulk deal of 3.03 lakh shares was executed on the scrip at Rs 528 per share at 10:56 IST on BSE.
Meanwhile, the S&P BSE Sensex was down 76.67 points or 0.29% at 26,412.89
Bulk deal boosted volume on the scrip. On BSE, so far 3.12 lakh shares were traded in the counter as against average daily volume of 40,629 shares in the past one quarter. The stock hit a high of Rs 538.65 and a low of Rs 527.15 so far during the day. The stock had hit a record high of Rs 891.30 on 6 September 2016. The stock had hit a 52-week low of Rs 501.65 on 15 November 2016. The stock had underperformed the market over the past 30 days till 16 December 2016, falling 6.48% compared with the 1% rise in the Sensex. The scrip also underperformed the market in past one quarter, declining 39.75% as against Sensex's 7.38% decline.
The mid-cap company has equity capital of Rs 62.56 crore. Face value per share is Rs 10.
Repco Home Finance's net profit rose 17% to Rs 45.69 crore on 20.01% rise in total income to Rs 259.74 crore in Q2 September 2016 over Q2 September 2015.
Repco Home Finance's main business is to provide loans for purchase or construction of residential house.
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