Edelweiss shares rise 10% as third-quarter net profit rises 112% year-over-year; Carlyle acquires stake in subsidiary for Rs 2,100 cr

Shares of Edelweiss Financial Services rose as much as 10.5% to the day’s high of Rs 123 on the BSE on Tuesday after the company reported a net profit of Rs 264 crore, a staggering 112% rise in the December quarter of FY26.The company’s Alternative Asset Management business reported strong growth, with FPAUM rising 33% […]

Sunil Singhania-guided Abakkus buys shares worth RS 64 Crore in Edelweiss Financial via Block Deal

Sunil Singhania-guided ABRAKUS Asset Manager Private Limited has collected more than 64.3 Lakh shares from SmallCap Edelweiss Financial Services in a block deal with a value of RS 64 Crore. The shares were obtained on RS 100 each, a discount of 0.9% until the Monday closing price. The sellers were Edelweiss Employees Welfare Trust and […]