Indbank Merchant Banking Services Ltd Share Price – NSE  /  BSE

Stock/ Commodity Brokers, Small Cap

Net profit of Indbank Merchant Banking Services rose 362.96% to Rs 2.50 crore in the quarter ended March 2024 as against Rs 0.54 crore during the previous quarter ended March 2023. Sales rose 62.56% to Rs 6.86 crore in the quarter ended March 2024 as against Rs 4.22 crore during the previous quarter ended March 2023.

For the full year,net profit rose 157.14% to Rs 9.00 crore in the year ended March 2024 as against Rs 3.50 crore during the previous year ended March 2023. Sales rose 36.32% to Rs 24.92 crore in the year ended March 2024 as against Rs 18.28 crore during the previous year ended March 2023.

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Indbank Merchant Banking Services will hold a meeting of the Board of Directors of the Company on 22 April 2024.

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CL Educate Ltd, Silver Touch Technologies Ltd, Cybertech Systems & Software Ltd and Lotus Eye Hospital & Institute Ltd are among the other gainers in the BSE's 'B' group today, 05 March 2024.

Indbank Merchant Banking Services Ltd spiked 14.89% to Rs 54.02 at 12:02 IST. The stock was the biggest gainer in the BSE's 'B' group. On the BSE, 1.96 lakh shares were traded on the counter so far as against the average daily volumes of 1.13 lakh shares in the past one month.

CL Educate Ltd surged 11.99% to Rs 99.21. The stock was the second biggest gainer in 'B' group. On the BSE, 2.09 lakh shares were traded on the counter so far as against the average daily volumes of 57283 shares in the past one month.

Silver Touch Technologies Ltd soared 11.38% to Rs 774.9. The stock was the third biggest gainer in 'B' group. On the BSE, 5053 shares were traded on the counter so far as against the average daily volumes of 11188 shares in the past one month.

Cybertech Systems & Software Ltd added 10.91% to Rs 179.95. The stock was the fourth biggest gainer in 'B' group. On the BSE, 79607 shares were traded on the counter so far as against the average daily volumes of 10643 shares in the past one month.

Lotus Eye Hospital & Institute Ltd jumped 10.35% to Rs 57.05. The stock was the fifth biggest gainer in 'B' group. On the BSE, 6.62 lakh shares were traded on the counter so far as against the average daily volumes of 1.15 lakh shares in the past one month.

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Net profit of Indbank Merchant Banking Services rose 46.29% to Rs 2.56 crore in the quarter ended December 2023 as against Rs 1.75 crore during the previous quarter ended December 2022. Sales rose 22.22% to Rs 6.60 crore in the quarter ended December 2023 as against Rs 5.40 crore during the previous quarter ended December 2022.

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