Wednesday, 23 October 2019

Shares Of ICICI Securities Touched A 52-Week High Of Rs 316

Shares of ICICI Securities touched a 52-week high of Rs 316, adding more than 11 percent intraday on October 23 after the company reported better-than-expected earnings in Q2 FY20.

Net profit stood at Rs 135.1 crore, up 19 percent quarter-on-quarter. Revenue fell 8.8 percent YoY but was up eight percent QoQ to Rs 417 crore. The company has declared an interim dividend of Rs 4.25 per share.

Shares of Bajaj Finance gained about 2 percent intraday on October 23 as global brokerage houses retained their bullish stance on the stock after strong Q2 earnings.

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