The company announced the results during trading hours today, 11 July 2008.

Meanwhile, the BSE Sensex was down 346.50 points, or 2.49%, to 13,579.74.

On BSE, 32,526 shares were traded in the counter. The scrip had an average daily volume of 35,877 shares in the past one quarter.

The stock hit a high of Rs 564 and a low of Rs 505.05 so far during the day. The stock had a 52-week high of Rs 1795 on 3 January 2008 and a 52-week low of Rs 450 on 2 July 2008.

The mid-cap company had underperformed the market over the past one month till 10 July 2008, declining 9.90% compared to the Sensexs decline of 8.29%. It had also underperformed the market in the past one quarter, declining 27.12% compared to Sensexs decline of 11.90%.

The company has an equity capital of Rs 37.47 crore. Face value per share is Rs 5.

The current price of Rs 518.90 discounts its Q4 March 2008 annualised EPS of Rs 5.34, by a PE multiple of 97.17.

The companys total income rose 84.52% to Rs 56.63 crore in Q1 June 2008 over Q1 June 2007. On consolidated basis, Edelweiss Capital's net profit rose 52.11% to Rs 63.78 crore on 87.09% rise in total income to Rs 268.93 crore in Q1 June 2008 over Q1 June 2007.

In May 2008, Edelweiss Capital received regulatory approval from the Securities and Exchange Board of India to start mutual fund business.

Edelweiss Capital provides investment banking, institutional equities, private client broking, asset management, wealth management, insurance broking and wholesale financing services to corporate, institutional and high net worth individual clients.

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