Monarch Networth Capital (MNCL) incorporated a new subsidiary company with the name Monarch Networth Capital Ifsc Private Limited on March 14, 2017. The company's share price hit its 52 week high on the 31st of March, trending up on relatively strong Q3 FY17 results. The company has shown positive net profits since the June 2016 quarter, and it remains to be seen if it can sustain results through the end of the financial year.