Religare Enterprises Limited, through its subsidiaries, provides various financial services in India. It operates through Investment and Financing Activities; Broking Related Activities; E-Governance; and Insurance segments. The company provides small and medium enterprise financing; and housing finance products comprising home-purchase, home construction, and home improvement loans. It also offers broking services in equity, currency, and commodity; and depository participant services, as well as operates as a NSDL-appointed enrolment agency for Aadhaar Unique Identification Number, and a mutual fund distributor. In addition, the company provides health, critical illness, personal accident, top-up coverage, international travel, and maternity insurance products, as well as group health and personal accident insurance for corporates. Further, the company engages in the permanent account number issuance; tax deduction and collection account number and e-TDS returns; acting as a business correspondent for banking services; bharat bill payment systems and recharges services; ticketing services; and digital signature certificate and token services. The company was incorporated in 1984 and is headquartered in New Delhi, India.
Research context
Religare Enterprises Limited appears in PyInvesting’s India Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- INR
- Sector
- Financial Services
- Industry
- Insurance - Life
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5 years, 6 months ago
Religare Enterprises Limited is currently in a long term uptrend where the price is trading 66.4% above its 200 day moving average.
From a valuation standpoint, the stock is 93.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.2.
Religare Enterprises Limited's total revenue sank by 28.9% to $4B since the same quarter in the previous year.
Its net income has increased by 51.3% to $-1B since the same quarter in the previous year.
Finally, its free cash flow fell by 44.6% to $7B since the same quarter in the previous year.
Based on the above factors, Religare Enterprises Limited gets an overall score of 3/5.