Page 3 - Edelweiss Financial Services

Icra downgrades Edelweiss debentures on weakness in wholesale lending book

Agency says decision based on heightened risks from realty and structured debt deals across sectors; retains Al+ rating for company's CPs and short-term NCDs

Edelweiss Financial Services Q3 net profit down 4% at Rs 226 crore

The net profit is expected to grow by 15 per cent in FY19 over the base of FY18

Edelweiss' NBFC arm ECLF to raise up to Rs 20 bn via public issue of bonds

The public issue of secured redeemable non-convertible debentures will offer an interest rate of 9.45 per cent per annum for 36-month tenure; 9.65 per cent for 60 months and 9.85 per cent for 10 years

Edelweiss Financial nears record high; stock up 15% in one month

The stock rallied 6% to Rs 305, trading close to its all-time high of Rs 309 recorded on November 3, 2017 on the BSE, in otherwise range-bound market on Monday

Edelweiss Financial Services net profit up 46% to Rs 2.5 billion

Total revenue for Q4 of FY2018 is up 35 per cent, to Rs 26.23 billion as against Rs 19.45 billion in Q4 of FY2017

Edelweiss Financial gains on successful fund raising through QIP issue

The stock was trading 3.5% higher at Rs 296 on the BSE after the company said it has successfully raised Rs 1,528 crore through the Qualified Institutions Placement route.

Edelweiss Q2 net up 45% on jump in fees, commission

The diversified revenue mix has helped us improve our performance: Edelweiss CEO

Edelweiss Financial Services to raise Rs 2,000 cr through bonds, QIPs

Stock of the company closed 9.04 per cent up at Rs 278.10 on BSE on Tuesday

Edelweiss Financial hits record high, zooms 90% in 2017

The stock up 8% to Rs 185 after the company said the IRDAI approves general insurance business.

Edelweiss Financial rebounds after huge block deals

The stock moved higher by 4.5% to Rs 140, bouncing back 10% from its early morning low of Rs 127.