The Capri Global Capital share price spiked 14.6% in Tuesday’s trading session, reaching an intraday high of ₹211.8 per share on the BSE. This surge follows the company’s strong Q2 results, marking significant growth across key financial metrics and fuelling positive sentiment for share market investment.
By 10:44 AM, shares were trading up 14.15% at ₹210.95 per share, while the BSE Sensex fell 0.32% to 80,114.61. Capri Global’s market capitalisation reached ₹17,402.11 crore on this promising trading day.
Capri Global Capital’s quarterly earnings, reported after market hours on Tuesday, showed a robust consolidated net profit of ₹96.98 crore—an increase of 48.6% year-on-year from ₹65.24 crore. Total revenue for the quarter also rose 35%, reaching ₹751.63 crore, up from ₹557.50 crore in the same period last year. Investors interested in share market investment are noting Capri Global’s growing profits and expanding revenue base as positive indicators.
However, alongside these gains, the company’s expenses for the quarter grew 32.4%, amounting to ₹624.54 crore compared to ₹471.67 crore in the prior year. Capri Global’s strategic focus on growth, despite rising costs, seems to resonate well with share market investment enthusiasts looking for long-term potential in financial services stocks.
Capri Global is tapping into the green finance sector with a new rooftop solar finance product under MSME loans, developed in partnership with renewable energy fintech Credit Fair. This innovative product, aimed at supporting the growth of India’s green loan market, provides loans from ₹50,000 to ₹25,00,000, covering the cost of solar modules, inverters, batteries, and installation. For investors interested in share market investment, this venture underscores Capri Global’s commitment to expanding its offerings and targeting sustainable, high-growth opportunities.
Capri Global’s chief business officer for MSME loans, Amar Rajpurohit, emphasised the company’s focus on early entry into rooftop solar finance, with plans to grow this business to a loan book of ₹1,000 crore over the coming years. This initiative is set to roll out first in Rajasthan, Madhya Pradesh, and Gujarat, expanding to other states, including Delhi, Maharashtra, Uttar Pradesh, and Uttarakhand, by year-end. For those looking to diversify their share market investment portfolios, Capri Global’s green finance ventures could present a compelling opportunity.
Established in 1994, Capri Global Capital is well-regarded for its expertise in the non-banking financial company (NBFC) sector, offering a range of services, including home loans, personal loans, and business loans. Known for its digital-first approach, Capri Global has invested in technology to streamline processes and enhance customer experience, positioning it as a forward-thinking player in India’s financial services landscape. Share market investment in companies like Capri Global may appeal to investors drawn to innovation and growth potential in the NBFC sector.
While Capri Global Capital’s stock is seeing a recent uptick, its year-on-year performance shows a 97% drop, contrasting with a 25% rise in the Sensex. This shift indicates a period of volatility for Capri Global, which share market investment enthusiasts should consider alongside recent gains. The current rise in stock value reflects confidence in the company’s Q2 performance and new green finance initiatives. Still, long-term investors may weigh these against past performance for a comprehensive view of the stock’s potential.
With its consistent growth across revenue, profit, and order book, Capri Global is a company to watch for those interested in share market investment. For investors seeking opportunities in NBFCs and emerging sectors like green finance, Capri Global Capital’s recent gains provide a window into its capacity for sustainable growth, aligning well with diverse investment portfolios focused on the Indian share market.
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