Fairfax India (TSE:FIH.U) Releases Earnings Results

Fairfax India (TSE:FIH.U) announced its quarterly earnings data on Thursday. The company reported C$2.42 earnings per share (EPS) for the quarter, FiscalAI reports. Fairfax India had a return on equity of 7.81% and a net margin of 56.53%.

Fairfax India Stock Performance

FIH.U opened at C$18.50 on Friday. 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 12-month low of C$15.63 and a 12-month high of C$19.48. The firm has a 50 day moving average of C$18.07 and a two-hundred day moving average of C$17.69. The firm has a market capitalization of C$2.48 billion, a PE ratio of 9.95, a P/E/G ratio of 0.71 and a beta of 0.75.

About Fairfax India

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.