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1 Comment
Alankit Limited is currently in a long term uptrend where the price is trading 37.0% above its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 1.8.
Alankit Limited's total revenue sank by 2.0% to $323M since the same quarter in the previous year.
Its net income has dropped by 20.1% to $37M since the same quarter in the previous year.
Finally, its free cash flow grew by 19.6% to $-42M since the same quarter in the previous year.
Based on the above factors, Alankit Limited gets an overall score of 3/5.
Industry | Information Technology Services |
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ISIN | INE914E01040 |
Sector | Technology |
CurrencyCode | INR |
Exchange | NSE |
Market Cap | 2B |
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Beta | 0.98 |
Dividend Yield | 2.3% |
Target Price | None |
PE Ratio | None |
Alankit Limited provides e-governance products and services in India. The company operates in two segments, E- Governance and Financial Activities. It accepts permanent account number (PAN) card applications; change in PAN particulars applications; and e-TDS/e-TCS/AIR/e-TBAF returns in electronic mode from corporate and non-corporate assesses, as well as digitizes paper returns filed with income tax department. The company is also involved in the enrolment, uploading of details, correction/ updating in Aadhaar, a unique identification number; and development of National Skills Registry, a fact sheet of credible, permanent and accessible information about each registered person. In addition, it operates Atal Pension Yojana to encourage people to save small amounts during their productive years and enables them to draw pension at the old age; and Recordxpert.com, a web-based health and wellness portal for scanning and digitization of medical records. Further, the company engages in the distribution of card printers and accessories; implementation and management of Paper to Follow Process for the cheque truncation system; and online issuance of insurance policies. Additionally, it offers GST Suvidha Provider, an end to end goods and services tax (GST) compliance solution provider; manpower consultancy services; business correspondent services; National Insurance"Policy Repository services to store insurance policies electronically; GST Billing Software that creates e-way bills, tax invoices, quotes, and others; online GST registration services; kiosk banking services; and PAN card correction services, as well as provides services to apply for new and duplicate PAN card. The company was formerly known as Euro Finmart Limited and changed its name to Alankit Limited in September 2014. Alankit Limited was incorporated in 1989 and is based in New Delhi, India.
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