Gruh Finance rallies on March-quarter results

Rajalakshmi S Updated - January 15, 2018 at 04:30 PM.

gruh

Gruh Finance jumped on robust March-quarter results.

Shares of Gruh Finance Ltd jumped as much as 8.06 per cent to their highest since April 5.

The housing finance company's March-quarter net profit after tax rose about 26 per cent to Rs 110 crore, according to an exchange filing on Monday.

The company has also recommended a dividend of Rs 2.80 per share.

More than 630,000 shares traded, nearly 3.5 times their 30-day moving average.

The stock was up 14 per cent this year as of Monday's close.

Published on April 18, 2017 04:10