Anand Rathi Wealth Limited

Anand Rathi Wealth hits 52-week low; slips 21% in 7 days post 1:1 ex-bonus

Anand Rathi Wealth share price: Prior to ex-bonus, the company's promoters had sold 350,000 equity shares, representing 0.72 per cent holding of the company, via open market.

Anand Rathi Wealth slips 8%; stock trades ex-date for 1:1 bonus issue

Anand Rathi Wealth informed the stock exchanges that its promoters have sold 250,000 equity shares representing 0.6 per cent holding of the company via open market.

Anand Rathi Wealth Q3 results: Net profit jumps 33% to Rs 77.3 crore

Anand Rathi Wealth Ltd on Monday reported a 33 per cent year-on-year surge in consolidated net profit at Rs 77.3 crore in the December quarter. The company had posted a profit of Rs 58 crore in the year-ago period. In a statement, the company said its total revenue for the quarter under review stood at Rs 244.2 crore, a 30 per cent year-on-year (YoY) growth from Rs 187.3 crore in the same period last year. The leading wealth management firm, specialising in serving high and ultra-high-net-worth individuals, said its board of directors decided to allot bonus shares in the ratio of 1:1, which is one bonus equity share for every one equity share held presently. This is subject to shareholders' approval. During the nine-month (April-December) period of FY25, the company's total revenue was at Rs 739 crore, registering a growth of 33 per cent year-on-year, while profit after tax increased 34 per cent to Rs 227 crore. "India's economy continues to grow steadily, driven by rising income

Q3 FY25 results Jan 13: HCL Tech, Delta among 14 to report earnings today

Q3 FY25 results January 13: HCL Tech, Delta Corp, Angel One, Anand Rathi among firms to report earnings for the quarter that ended on D

Anand Rathi Wealth up 7% as board to consider bonus issue on Jan 13, 2025

The company announced that its board will consider bonus issue in a meeting on Monday, January 13, 2025

Anand Rathi stocks rally 6% on strong Q2 show; Rs 7 dividend announced

The uptick in Anand Rathi share price came after the company reported a strong set of September quarter (Q2FY25) results.

Anand Rathi surges 4% on robust June quarter earnings; profit rises 38% YoY

Anand Rathi Wealth stock soared up to 3.58 per cent at Rs 4,285.85 per share on the BSE on Friday after the brokerage firm posted its April-June quarterly results for the fiscal year 2024-25 (Q1FY25)

Stocks to watch, July 12: TCS, M&M, Affle, Nazara Tech, ABFRL, Anand Rathi

Stocks to watch on July 12: TCS recorded net profit of Rs 12,040 crore, up 8.7 per cent year-on-year, dollar revenue up 2.7 per cent sequentially to $7.5 billion

Anand Rathi Wealth Q1 net profit surges 38%; Canara Robeco MF launches BAF

Total revenue also jumped 38 per cent to Rs 245 crore, the wealth management firm said

Is the broking and the wealth management industry ripe for a consolidation?

Anand Rathi, founder and chairman of Anand Rathi group shares his views on the outlook for the Indian stock market, broking, wealth management industry and strategies ahead of Lok Sabha poll outcome

This wealth management stock has zoomed 394% in 1 year; approves buyback

The board of directors has approved a proposal to buyback up to 370,000 equity shares of the company at Rs 4,450 per equity share, aggregating up to Rs 164.65 crore

Stocks to Watch today: TCS, GIC, HAL, LIC, Anand Rathi, Aster DM, IT shares

Stocks to watch on Monday, April 15, 2024: IT shares, led by TCS, are expected to be in focus after the Tata group IT major reported better-than-expected Q4 numbers.

Stock of this broking firm has surged 42% in 2 days; up 86% in 13 days

The average trading volumes at the counter jumped over 10-fold in trades on Wednesday.

Stock of this wealth management company has zoomed 139% in 4 months

Shares of Anand Rathi Wealth hit a new high of Rs 2,075, surging 9% in Wednesday's intraday. It has zoomed 196% thus far in the calendar year 2023

Q2 results: Anand Rathi Wealth's profit up 34%, HDFC AMC profit rises 20%

HDFC AMC Q2 profit up 20% at Rs 437 crore

Anand Rathi hits record high on healthy Q1 results; stock up 43% in a month

The management hailed the Q1 performance and said that the demand for wealth management services has increased significantly due to availability of a wide range of investment options

Anand Rathi Wealth surges 17%, hits record high on healthy Q1 performance

The management said the strong performance was fueled by the robust growth in AUM, which witnessed a 32 per cent YoY increase, reaching to Rs 43,413 crore

Anand Rathi Wealth Q1 profit after tax rises by 34% to Rs 53 crore

Leading non-bank wealth solutions company Anand Rathi Wealth on Wednesday reported a 34 per cent surge in profit after tax at Rs 53 crore for three months ended June 2023. In comparison, the company had posted a PAT (profit after tax) of Rs 40 crore in the same quarter of the preceding fiscal, Anand Rathi Wealth, part of Mumbai-based financial services group Anand Rathi, said in a statement. Total revenue rose by 34 per cent to Rs 178 crore in the quarter under review from Rs 134 crore in the first quarter ended June 30, 2022. As of June-end this year, the asset under management (AUM) of the company stood at Rs 43,413 crore, up 32 per cent over the same period last year. In addition, the company continued to expand its client base adding 395 client families in the first quarter of the current financial year (2023-24). Anand Rathi Wealth Ltd is amongst India's leading non-bank wealth solutions firms, catering to high and ultra-high-net-worth individuals. In addition to the private

Anand Rathi Wealth soars 6%, hits record high on strong Q4 result

Given the increase in incomes and savings, the management believes there is significant untapped market for the wealth management sector

Anand Rathi Wealth's profit surges 33% in FY23, revenue rises 31%

According to the company, the assets under management increased 18 per cent during the year to Rs 39,000 crore