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1 Comment
Satin Creditcare Network Limited is currently in a long term uptrend where the price is trading 12.5% above its 200 day moving average.
From a valuation standpoint, the stock is 98.6% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 0.5.
Satin Creditcare Network Limited's total revenue sank by 14.7% to $3B since the same quarter in the previous year.
Its net income has dropped by 271.5% to $-801M since the same quarter in the previous year.
Finally, its free cash flow fell by 66.4% to $1B since the same quarter in the previous year.
Based on the above factors, Satin Creditcare Network Limited gets an overall score of 2/5.
CurrencyCode | INR |
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Sector | Financial Services |
ISIN | INE836B01017 |
Industry | Credit Services |
Exchange | NSE |
Market Cap | 18B |
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Beta | 0.26 |
PE Ratio | 6.1 |
Target Price | 175 |
Dividend Yield | None |
Satin Creditcare Network Limited, a non-banking finance company, provides micro finance services in India. The company offers microcredit to economically active women in rural, semi-urban, and urban regions; loans for income generating purposes, such as agriculture, transportation, trading, and production related business activities; water and sanitation loans; and specialized loans for clean energy, transportation, potable water, and various business needs. It also offers financing solutions for solar energy, purchase of bicycles, home appliances, and mobile phones for small businesses and individuals; and micro, small, and medium enterprise loans for traders, retail and wholesale merchants, manufacturers, service providers, self-employed professionals, education ventures, and agribusinesses, as well as housing loans. The company was formerly known as Satin Leasing & Finance Private Limited and changed its name to Satin Creditcare Network Limited in April 2000. Satin Creditcare Network Limited was incorporated in 1990 and is headquartered in Gurugram, India.
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