Net profit of Arihant Capital Markets declined 45.39% to Rs 7.16 crore in the quarter ended December 2022 as against Rs 13.11 crore during the previous quarter ended December 2021. Sales declined 30.44% to Rs 33.55 crore in the quarter ended December 2022 as against Rs 48.23 crore during the previous quarter ended December 2021.

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Arihant Capital Markets will hold a meeting of the Board of Directors of the Company on 31 January 2023.

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Net profit of Arihant Capital Markets rose 0.48% to Rs 12.55 crore in the quarter ended September 2022 as against Rs 12.49 crore during the previous quarter ended September 2021. Sales declined 0.15% to Rs 39.92 crore in the quarter ended September 2022 as against Rs 39.98 crore during the previous quarter ended September 2021.

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Arihant Capital Markets Ltd rose 4.01% today to trade at Rs 73.9. The S&P BSE Financial Services index is up 0.65% to quote at 8504.7. The index is down 1.71 % over last one month. Among the other constituents of the index, Arman Financial Services Ltd increased 3.6% and Shriram City Union Finance Ltd added 3.25% on the day. The S&P BSE Financial Services index went down 4.33 % over last one year compared to the 4.09% fall in benchmark SENSEX.

Arihant Capital Markets Ltd has lost 8.6% over last one month compared to 1.71% fall in S&P BSE Financial Services index and 0.09% rise in the SENSEX. On the BSE, 1 shares were traded in the counter so far compared with average daily volumes of 18563 shares in the past one month. The stock hit a record high of Rs 99 on 12 Apr 2022. The stock hit a 52-week low of Rs 25.77 on 29 Oct 2021.

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