ANANDRATHI

Jan 13 (Reuters) - Anand Rathi Wealth Ltd ANAA.NS:

• DEC-QUARTER CONSOL NET PROFIT 770.2 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.37 BILLION RUPEES

Source text: ID:nBSE7p3nCy

Further company coverage: ANAA.NS

(([email protected];;))

** Shares of Anand Rathi Wealth ANAA.NS are up 2.7% at 3,940 rupees, set for their best day in a month

** Financial services firm to consider issue of bonus shares on Jan. 13

** Stock sees busiest day in a month, trading vols at 3x their 30-day avg

** ANAA rose 52% in 2024

(Reporting by Nishit Navin in Bengaluru)

(([email protected];))

Oct 10 (Reuters) - Anand Rathi Wealth Ltd ANAA.NS:

• INTERIM DIVIDEND OF 7 RUPEESPER SHARE

Source text for Eikon: ID:nNSE5wDNkS

Further company coverage: ANAA.NS

(([email protected];;))

July 11 (Reuters) - Anand Rathi Wealth Ltd ANAA.NS:

• ANAND RATHI WEALTH Q1 NET PAT 722.3 MILLION RUPEES

• ANAND RATHI WEALTH Q1 REVENUE FROM OPERATIONS 2.29 BILLION RUPEES

Source text for Eikon: ID:nBSE8xZFlY

Further company coverage: ANAA.NS

(([email protected];;))

Rewrites with Zerodha comments; updates share prices

BENGALURU, July 2 (Reuters) - Zerodha, India's largest discount broker, said on Tuesday it will in all likelihood have to abandon its zero-brokerage model and raise derivative trading fees after the market regulator mandated uniform charges that are not based on volumes.

Exchanges often charge a lower fee to brokers if they generate high volumes. Brokers, in turn, charge traders little to no fees, which has contributed to a surge in trading across segments like derivatives that the Securities and Exchange Board of India (SEBI) wants to curb.

The new fee structure, which kicks in from October, has a significant impact on brokers, traders and investors, Nithin Kamath, CEO and co-founder of Zerodha, said on social media platform X.

"With the new circular, we will, in all likelihood, have to let go of the zero brokerage structure and/or increase brokerage for F&O trades," he said, referring to futures and options, which are derivative products in the stock market.

"Brokers across the industry will also have to tweak their pricing."

Shares of listed brokerages Angel One ANGO.NS, SMC Global Securities SMCG.NS, Motilal Oswal MOFS.NS, Geojit Financial GEOJ.NS and Dolat Algotech DOLA.NS fell between 3% and 8% on Tuesday.

5Paisa Capital PAIS.NS ended flat, while exchange operator BSE BSEL.NS dropped about 3.5%.

Some of these stocks have jumped 50%-124% so far this year due to a surge in trading activity, with the blue-chip Nifty 50 .NSEI and S&P BSE Sensex .BSESN indexes trading at all-time highs.

The exchange transaction charge, which constitute between 15%-30% of large brokers' revenues and more than 50% of discount brokers', is crucial for their sustainability, said Tejas Khoday, CEO and co-founder of discount broking firm FYERS.

"A 100% pass-through of exchange transaction charges threatens to destabilise the discount brokerage business model," Khoday said.

The revenue impact on Zerodha could be 10%, and 10%-50% for the industry, Kamath estimated.

The SEBI had warned of rising risks due to a surge in derivative trading. Regulators were discussing steps to cool the frenzy, Reuters reported last month.

(Reporting by Jayshree P Upadhyay and Sethuraman NR in Bengaluru; Editing by Mrigank Dhaniwala and Savio D'Souza)

(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))

** Shares of Anand Rathi Wealth ANAA.NS up as much 4.5% at 4,189.85 rupees; last up 3.5%

** Financial services firm on Friday reported 32.8% YoY rise in consolidated net profit for March-qtr, revenue up 28.9%

** Co also approved final dividend of 9 rupees per share, proposed share buyback of up to 1.65 bln rupees (~$20 mln)

** More than 201,000 shares change hands by 10:46 a.m. IST, 1.9x the 30-day avg

** Stock trading above 200-day moving avg since Oct 2022 and 100-day moving avg since Dec 2022

** Including session's gains, stock up 60.3% YTD

($1 = 83.5400 Indian rupees)

(Reporting by Navamya Ganesh Acharya in Bengaluru)

(([email protected]; +91 8805175330 ;))

April 12 (Reuters) - Anand Rathi Wealth Ltd ANAA.NS:

• MARCH-QUARTER CONSOL NET PROFIT 566 MILLION RUPEES VERSUS PROFIT 426.1 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.84 BILLION RUPEES VERSUS 1.43 BILLION RUPEES

Source text for Eikon: ID:nNSE3mGk5P

Further company coverage: ANAA.NS

(([email protected];))

Jan 12 (Reuters) - Anand Rathi Wealth Ltd ANAA.NS:

• DEC-QUARTER CONSOL NET PROFIT 578.2 MILLION RUPEES VERSUS 431.7 MILLION RUPEES

• DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 1.82 BILLION RUPEES VERSUS 1.38 BILLION RUPEES

Further company coverage: ANAA.NS

(([email protected];))

Oct 12 (Reuters) - Anand Rathi Wealth Ltd ANAA.NS:

• INDIA'S ANAND RATHI WEALTH SEPT-QUARTER CONSOL NET PROFIT 574.9 MILLION RUPEES VERSUS PROFIT 429.2 MILLION RUPEES

• ANAND RATHI WEALTH SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 1.83 BILLION RUPEES VERSUS 1.36 BILLION RUPEES

• DECLARED FIRST INTERIM DIVIDEND OF 5 RUPEES PER SHARE

Source text for Eikon: ID:nBSE9Skpsx

Further company coverage: ANAA.NS

(([email protected];))

** Shares of Anand Rathi Wealth ANAA.NS rise as much as 17.1% to a record high of 1,092.65 rupees

** ANAA'S first-quarter consolidated net profit rises 33.7% helped by a rise in assets under management and clients

** Stock logs most active trading session since Oct. 14

** Around 1.3 mln shares change hands by 10:08 a.m. IST, 31.1x their 30-day avg volume

** Wealth management firm's shares trim some gains, currently up 10.5%

** Stock up 47.4% YTD

(Reporting by Nandan Mandayam in Bengaluru)

(([email protected]; Mobile: +91 9591011727;))

July 12 (Reuters) - Anand Rathi Wealth Ltd ANAA.NS:

• JUNE-QUARTER CONSOL NET PROFIT 530.6 MILLION RUPEES VERSUS 397 MILLION RUPEES YEAR AGO

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 1.75 BILLION RUPEES VERSUS 1.32 BILLION RUPEES YEAR AGO

Further company coverage: ANAA.NS

(([email protected];))

April 12 (Reuters) - Anand Rathi Wealth Ltd ANAA.NS:

• MARCH-QUARTER CONSOL NET PROFIT 424.5 MILLION RUPEES VERSUS PROFIT 345 MILLION RUPEES

• MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 1.43 BILLION RUPEES VERSUS 1.13 BILLION RUPEES

Source text for Eikon: ID:nBSE4LKCcY

Further company coverage: ANAA.NS

(([email protected];))