India's Anand Rathi Wealth hits record high on quarterly profit jump

Anand Rathi Wealth

14/07/2025 09:11

** Shares of Anand Rathi Wealth ANAA.NS rise as much as about 10% to record high of 2,428.5 rupees; last up almost 9%

** Previous record high was 2,323 rupees hit on Dec 9, 2024

** Financial services firm's shares rose nearly 4% on July 11 on Q1 profit reported after market hours previous day

** Brokerage Motilal Oswal says co achieves 25% of full-year PAT target and 24% of revenue target in Q1

** Maintains "neutral" rating, PT at 2,100 rupees

** More than 1.87 mln shares traded, most in a session in two years and 9x its 30-day moving avg

** ANAA up nearly 8% YTD

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))