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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.
Sector | Financial Services |
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ISIN | INE836B01017 |
Industry | Credit Services |
CurrencyCode | INR |
Exchange | NSE |
PE Ratio | None |
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Beta | 0.93 |
Target Price | 390 |
Dividend Yield | 0.0% |
Market Cap | 12B |
Satin Creditcare Network Limited, a non-banking finance company, provides micro finance services in India. The company provides microcredit to economically active women in rural, semi-urban, and urban areas; loans for income generating purposes, such as agriculture, transportation, trading, and production related business activities; loans for water and sanitation facilities; and loans to merchants, retailer, wholesaler, manufacturing, service providers, salaried, self-employed professionals, and agri business. It also offers loans to self-employed professionals, and self-employed individuals/non individual entities; loans to corporate institutions and micro finance companies; financing for solar lamps, bicycles, and consumer durables; and housing finance products. As of March 31, 2022, the company operated through a network of 1,224 branches. 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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