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Aditya Birla Money - Q2FY21 Results - Angel Broking

Posted On: 2020-10-15 04:03:56


Mr. Jaikishan Parmar - Sr. Equity Research Analyst, Angel Broking Ltd

"Aditya Birla Money reported a good set of numbers for Q2FY21. Revenue increased 25% YoY and 12% QoQ, Primarily led by the broking segment. Opex increased by 20% YoY and 9% QoQ, which is lower than revenue growth. Operating leverage helped Aditya money to report PAT growth of 50% YoY and 23% QoQ. Aditya money currently trades at 18.5x of trailing earnings."

Shares of ADITYA BIRLA MONEY LTD. was last trading in BSE at Rs.43.85 as compared to the previous close of Rs. 44.5. The total number of shares traded during the day was 56113 in over 614 trades.

The stock hit an intraday high of Rs. 46.45 and intraday low of 43.6. The net turnover during the day was Rs. 2520597.


Source: Equity Bulls

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