LKP Finance Share: Profit Booking Follows 52-Week High Post Stellar Q3 Performance, Should You Consider?

Shares of LKP Finance experienced profit booking after Monday's uptrend, reaching a new 52-week high on stellar Q3 numbers. Opening higher at Rs 260, the stock saw some profit booking, closing at Rs 250.30. The third-quarter performance showcased a remarkable 100% YoY jump in net profit to Rs 15.41 crore and a 90% YoY increase in total income to Rs 19.91 crore.

LKP Finance Stock Movement

On Tuesday, the stock opened at Rs 254.30 and witnessed consistent profit booking after hitting a 52-week high of Rs 262.55, ending the day at Rs 250.30. The recent rally contributed to a multibagger return of 160% in just three months and an astonishing 220% in the past six months.

Dividend History and Wealth Creation

In 2023, LKP Finance paid dividends twice—Rs 3 in November and Re 1 in June. The stock's impressive performance delivered a 160% return in three months and a substantial 220% in six months. The company has consistently rewarded investors with dividends, fostering wealth creation.

Market Cap and 52-Week Range

With a market cap of Rs 305.67 crore as of January 15, LKP Finance shares have a 52-week range of Rs 262.55 - Rs 71.10 on BSE.

About LKP Finance

Incorporated in 1948, LKP Securities Ltd engages in finance, trading, and investment in shares, securities, and derivatives.

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