Bharat Financial Inclusion rose 2.55% to Rs 492.70 at 11:00 IST on BSE on bargain hunting after a recent slide.
Meanwhile, the BSE Sensex was up 106.17 points, or 0.41%, to 25,913.27.
On the BSE, so far 6.28 lakh shares were traded in the counter, compared with average daily volumes of 2.75 lakh shares in the past one quarter. The stock had hit a high of Rs 495.60 and a low of Rs 465.40 so far during the day.
The stock hit a 52-week high of Rs 938.75 on 29 July 2016. The stock hit a 52-week low of Rs 435 on 21 January 2016. The stock had underperformed the market over the past 30 days till 26 December 2016, falling 31.29% compared with the 1.94% fall in the Sensex. The scrip had also underperformed the market in past one quarter, falling 43.88% as against Sensex's 8.56% decline.
The mid-cap company has equity capital of Rs 137.93 crore. Face value per share is Rs 10.
Shares of Bharat Financial Inclusion fell 27.15% in seven trading sessions to settle at Rs 480.45 yesterday, 26 December 2016, from its close of Rs 659.55 on 15 December 2016.
Bharat Financial Inclusion's net profit rose 87.4% to Rs 145.88 crore on 37.4% increase in operating income to Rs 411.37 crore in Q2 September 2016 over Q2 September 2015.
Bharat Financial Inclusion is among the largest microfinance companies in India.
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