Fairfax India (TSE:FIH.U – Get Free Report) posted its quarterly earnings data on Tuesday. The company reported C$0.40 earnings per share (EPS) for the quarter, FiscalAI reports. Fairfax India had a net margin of 56.53% and a return on equity of 7.81%. The firm had revenue of C$79.69 million during the quarter.
Fairfax India Stock Up 1.6%
TSE FIH.U opened at C$18.15 on Thursday. The company has a current ratio of 4.56, a quick ratio of 0.50 and a debt-to-equity ratio of 16.41. Fairfax India has a 1-year low of C$15.63 and a 1-year high of C$20.22. The company has a 50 day moving average of C$17.90 and a 200-day moving average of C$17.85. The company has a market cap of C$2.44 billion, a price-to-earnings ratio of 12.18, a PEG ratio of 0.71 and a beta of 0.75.
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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