Synopsis

Capri Global Capital's shares may attract investor attention on January 24 after reporting a 111% YoY surge in standalone net profit to Rs 108 crore for Q3 FY2024. Total income rose to Rs 604.2 crore from Rs 477.7 crore. The company also announced key executive changes, with Abhishek Yadav appointed as the new Chief Compliance Officer, effective January 23, 2025.

Capri Global stockCapri Global stock in focus after profit doubles YoY in Q3ETMarkets.com
Capri Global’s stock has dropped 24.2% over the past year but saw a 1% gain on Thursday, indicating potential short-term recovery.
The shares of Capri Global Capital, a diversified NBFC, may gain investor attention on Friday, January 24, after posting a standalone net profit of Rs 108 crore for the third quarter ended December 2024, a remarkable increase of over 111% YoY compared to Rs 51.3 crore in the same period last year.

Meanwhile, the company’s total income also grew substantially, rising to Rs 604.2 crore from Rs 477.7 crore year-on-year.

The NBFC also disclosed that Satish Shimpi, the Chief Compliance Officer, has tendered his resignation. In his place, Abhishek Yadav has been appointed as the new Chief Compliance Officer, with his tenure set to commence on January 23, 2025, for three years, as approved by the Nomination and Remuneration Committee.

Additionally, Sanjay Manglani, who served as the Head of Insurance and Principal Officer, resigned from his position, effective the same date. To fill the role, the company has appointed Vikram Vaswani as the new Head of Insurance and Principal Officer for a three-year term starting January 23, 2025.


Capri Global Share Price History


Over the past year, Capri Global’s stock has declined significantly by 24.20%. In the last six months, the stock has seen a drop of 15.08%, while the three-month period experienced a smaller decrease of 0.52%. In the past month, the stock price has fallen by 3.61%, and the year-to-date (YTD) performance shows a decline of 3.17%.

Capri Global’s shares closed 1% higher at Rs 181.55 on the BSE on Thursday.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)


(You can now subscribe to our ETMarkets WhatsApp channel)

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2024 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

...more

(You can now subscribe to our ETMarkets WhatsApp channel)

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2024 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Subscribe to The Economic Times Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

...more