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Anand Rathi Q4 Results: Net profit zooms 33% to Rs 57 crore; co announces 9 per share dividend

Anand Rathi Q4 Results: Board has approved a proposal to buy back up to 3.7 lakh shares of the company at Rs 4,450 apiece for an amount not exceeding Rs 164.65 crore.

Stock Market Live Updates: Sensex, Nifty set to open little changed; oil steady after Monday decline

Share Market Highlights 16 January 2023: Sensex sheds 199 pts, Nifty closes below 22,050; Divis Lab, HCL Tech top losers

AUM guidance: Whether you enter the market at 22K or 20K, over a long period of time, you end up getting 12- 14%: Anand Rathi Wealth CEO

Rakesh Rawal says: “When you are looking at a three-four year scenario, the market will be and the economy will be much higher than what it is right now. So whether you enter the market at 21000, 22000 or 20000 over a long period of time, we have seen that you end up getting 12 to 14% results.”

Anand Rathi Wealth Q3 profit jumps 34% to Rs 58 crore

The company said its client base increased to 9,641 families and our assets under management (AUM) increased to Rs 55,057 crore as of Dec-2023.