Repco Home Finance shares climbed over 2% in morning trade following the release of its robust Q2 financial results for FY2024.
The company reported a notable 15.14% increase in net profit, reaching ₹115.13 crore for the quarter ending September 2024, up from ₹99.99 crore in Q2 of FY2023. Sales saw a steady rise of 9.23%, totaling ₹415.25 crore compared to ₹380.16 crore in the same period last year.
The stock opened at ₹484.00, reached a high of ₹495.00, and a low of ₹467.55. This performance reflects solid growth in Repco’s financials, appealing to investors seeking strong returns in the housing finance sector.
As of 10:00 am, Repco Home Finance shares were trading 1.47% higher at Rs 468.70 on the NSE.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
