{"id":108534,"date":"2023-08-30T17:50:00","date_gmt":"2023-08-30T12:20:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=108534"},"modified":"2023-08-30T17:46:16","modified_gmt":"2023-08-30T12:16:16","slug":"nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/","title":{"rendered":"NBFC stock jumps 4% after reporting net profit increase of 46% YoY"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2264910333\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This mid-cap stock gains 4% after reporting Q1 results. On Wednesday stock closed 6.7% below the 52-week high. The volume is maintaining the stock price high and rising, and it is greater than usual compared to the previous day and week and the stock has no short interest.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1596406872\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SBFC\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">SBFC Finance Ltd<\/a><\/strong><\/h4><p>The company belongs to a mid-cap category with a market capitalisation of Rs. 9,503 Cr. On Wednesday shares of this company closed 3.76% up at Rs. 89.30 on BSE.<\/p><p>According to the company filing, total standalone income grew by 43% YoY from Rs. 160.1 Cr to Rs. 229.9 Cr in Q1 FY24 and the company\u2019s net profit increased by 46% from Rs. 32 Cr in Q1 FY23 to Rs. 46.9 Cr in Q1 FY24 and Net Interest Income stood at Rs. 141 Cr in Q1 FY24. The company reports the same consolidated numbers.<\/p><p>As per the latest shareholding data, Promoters hold 64.02% of which the promoters have not pledged any shares and the Public holds a 35.53% stake in this company.<\/p><div class=\"trade-content_5\" id=\"trade-1068758068\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>NBFC Finance Ltd. is a company that offers Secured MSME Loans and Loans against Gold, with the majority of its borrowers being business owners, freelancers, salaried employees, and members of the working class. It has created a PhyGital model that combines technology and genuine in-person service to provide loans that complement its customers&#8217; aspirations.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sheshadr N<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while inves<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3324017030\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This mid-cap stock gains 4% after reporting Q1 results. On Wednesday stock closed 6.7% below the 52-week high. The volume is maintaining the stock price high and rising, and it is greater than usual compared to the previous day and week and the stock has no short interest. SBFC Finance Ltd The company belongs to [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":82536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[5542,4623,6095,5527,5467,6096,5902,5897,5210,2343],"class_list":["post-108534","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-midcap","tag-midcap-debt-free-stocks","tag-midcap-stock","tag-midcap-stocks","tag-midcap-stocks-2023","tag-midcap-stocks-to-buy-now","tag-multibagger-nbfc-stock","tag-nbfc-stock-to-buy-now","tag-nbfc-stock-to-watch","tag-nse-midcap-index"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NBFC stock jumps 4% after reporting net profit increase of 46% YoY - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This mid-cap stock gains ~4% after reporting Q1 results. On Wednesday stock closed 6.7% below the 52-week high. The volume is maintaining the stock price high and rising, and it is greater than usual compared to the previous day and week and the stock has no short interest.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NBFC stock jumps 4% after reporting net profit increase of 46% YoY\" \/>\n<meta property=\"og:description\" content=\"This mid-cap stock gains ~4% after reporting Q1 results. On Wednesday stock closed 6.7% below the 52-week high. The volume is maintaining the stock price high and rising, and it is greater than usual compared to the previous day and week and the stock has no short interest.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-30T12:20:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/bank-cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/\",\"url\":\"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/\",\"name\":\"NBFC stock jumps 4% after reporting net profit increase of 46% YoY - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/bank-cover-image.jpg\",\"datePublished\":\"2023-08-30T12:20:00+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"This mid-cap stock gains ~4% after reporting Q1 results. On Wednesday stock closed 6.7% below the 52-week high. The volume is maintaining the stock price high and rising, and it is greater than usual compared to the previous day and week and the stock has no short interest.\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/bank-cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/bank-cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NBFC stock jumps 4% after reporting net profit increase of 46% YoY\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NBFC stock jumps 4% after reporting net profit increase of 46% YoY - Trade Brains Features","description":"This mid-cap stock gains ~4% after reporting Q1 results. On Wednesday stock closed 6.7% below the 52-week high. The volume is maintaining the stock price high and rising, and it is greater than usual compared to the previous day and week and the stock has no short interest.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/","og_locale":"en_US","og_type":"article","og_title":"NBFC stock jumps 4% after reporting net profit increase of 46% YoY","og_description":"This mid-cap stock gains ~4% after reporting Q1 results. On Wednesday stock closed 6.7% below the 52-week high. The volume is maintaining the stock price high and rising, and it is greater than usual compared to the previous day and week and the stock has no short interest.","og_url":"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-08-30T12:20:00+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/bank-cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/","url":"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/","name":"NBFC stock jumps 4% after reporting net profit increase of 46% YoY - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/bank-cover-image.jpg","datePublished":"2023-08-30T12:20:00+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"This mid-cap stock gains ~4% after reporting Q1 results. On Wednesday stock closed 6.7% below the 52-week high. The volume is maintaining the stock price high and rising, and it is greater than usual compared to the previous day and week and the stock has no short interest.","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/bank-cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/bank-cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/nbfc-stock-jumps-4-after-reporting-net-profit-increase-of-46-yoy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"NBFC stock jumps 4% after reporting net profit increase of 46% YoY"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/108534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=108534"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/108534\/revisions"}],"predecessor-version":[{"id":108544,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/108534\/revisions\/108544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/82536"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=108534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=108534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=108534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}