India's SBFC Finance rises on Q3 profit jump
25/01/2024 09:38
** Shares of SBFC Finance SBFC.NS rise 3.7% to 89.15
rupees as of 2:59 p.m. IST, were up as much as 4.3% after Q3
results
** Non-banking finance co reports ~63% Y/Y jump in Q3 net
profit, while total rev from ops up 39.2% Y/Y
** SBFC's asset under management (AUM) up 40% Y/Y
** Trading vol 3.9x the 30-day daily avg
** Stock has risen 8.7% since its listing in August
(Reporting by Ashish Chandra in Bengaluru)
((ashish.chandra@thomsonreuters.com (+91 7982114624))
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