Fairfax India (TSE:FIH.U – Get Free Report) issued its quarterly earnings results on Tuesday. The company reported C$0.40 EPS for the quarter, FiscalAI reports. The business had revenue of C$79.69 million for the quarter. Fairfax India had a return on equity of 7.81% and a net margin of 56.53%.
Fairfax India Stock Down 1.5%
FIH.U opened at C$17.86 on Wednesday. The company has a quick ratio of 0.50, a current ratio of 4.56 and a debt-to-equity ratio of 16.41. The stock has a market capitalization of C$2.40 billion, a price-to-earnings ratio of 11.99, a PEG ratio of 0.71 and a beta of 0.75. Fairfax India has a twelve month low of C$15.63 and a twelve month high of C$20.22. The firm has a 50 day moving average price of C$17.93 and a 200-day moving average price of C$17.85.
Fairfax India Company Profile
Fairfax India Holdings Corp is an investment holding company. Its investment objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments in India and Indian businesses or other businesses with customers, suppliers, or business conducted in or dependent on India. The company operates through investing in the India segment and it earns income through the source of interest and dividends.
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