Geojit BNP Paribas shares soar 16 percent

Bangalore: The Geojit BNP Paribas stock was on a roll after it finished among the major gainers in the market by gaining 16 percent. Having started the day at 38.40, the stock closed at 43.55 with a gain of 16.29 percent from its previous close of 37.45. Through the day, 936,756 shares of Geojit BNP Paribas were traded in the market with the current P/E ratio of the stock at 25.92. The 52 week stock price chart is on the left.

Geojit BNP Paribas Financial Service is a retail financial services company in India. The company offers a range of trading and investment products and solutions. Its products and services on offer includes equities, derivatives, currency futures, custody accounts, mutual funds, life insurance and general insurance, initial public offers (IPOs), portfolio management services, property services, margin funding and loans against shares.

As of March 31, 2009, the company had a network of over 500 branches in India and abroad. The company also provides automated online trading services. In the financial services segment, not all stocks had a good trading day like Geojit. The Action Financial Services shares were down 5.88 percent and United Credit dropped 4.55 percent.