Satin Creditcare Network had good Q1 this year. Considering the fetive season ahead is company expecting growth of 25% and more? HP Singh, Chairman & Managing Director, Satin Creditcare Network Limited, said that since the first quarter went of out very well we expect we will technically outgrow guidance we have given.

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Satin Creditcare Network: Festive Season To Aid Business? Good Q1 For Company | HP Singh

Stocks to watch out for today: Vedanta, Vadilal Industries, Satin Creditcare, Tata Communications, LIC, APL Apollo Tubes and more

Stocks in news: Vedanta, LIC, Vadilal Industries, APL Apollo Tubes and more

We have valued the stock on standalone basis as the size and contribution from subsidiaries is still not meaningful.

Satin Creditcare - Out Of The Woods; The Stock Seems Attractive Compared To Its Peers, Says HDFC Securities

Investors on Dalal Street will be keeping an eye on various corporate actions this week, in addition to macro data and the US Fed policy outcome. On June 16, Wipro’s record date for its buyback of 26.97 crore shares at Rs 445 apiece, aggregating to Rs 12,000 crore, will take place. Satin Creditcare …

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Satin Creditcare Network shares: The stock rose 20 per cent to hit a high of Rs 172.05 on BSE. Later, the scrip was trading at Rs 165.15, up 15.17 per cent. The stock hit a 52-week high of Rs 174.90 on December 5, 2022.

Up 20%, why are Satin Creditcare Network shares rallying today?

On a 5-year basis, Satin Creditcare Network Ltd stock has underperformed the benchmark Nifty50 index by a considerable margin. The Satin Creditcare Network Ltd stock has lost 57.22 percent of its value over the last 5 years. Whereas, the benchmark Nifty50 index has given a return of 70.94 percent ov…

Satin Creditcare Network rallies 12% on 60% surge in Q4 net profit

Satin Creditcare Network has reported a net profit of INR 940m ($12m), a 59% increase YoY. The rise was attributed to stronger asset quality and the expansion of the business. The net interest income increased by 39% to INR 2.51bn. RoA was 4.9% and RoE was 20%. The company showed an improvement in a…

Satin Creditcare Q4 Results: PAT rises 59% YoY to Rs 94 crore; NII up 39%

The rise in net profit was buoyed by improvement in asset quality and business expansion. Net interest income rose 39% at Rs 251 crore.

Satin Creditcare Network’s net profit jumps 59% year-on-year in March quarter

​Within the space, the player that we do own is a company called Satin Creditcare. It is around one of those smallcap with Rs 1,000 crores market cap. I think that is an interesting space which is developing. This is one name that we have owned for a while now and I think we continue to like that n…

Here’s why Jigar Mistry is bullish on Archean Chemical

Also, where microfinance is extended to women in the rural system i.e. finance is provided without the collateral, women are coming to the forefront and running their family businesses or the businesses that are run on their own. So, as against the earlier instance where women used to take a backsea…

Women Entrepreneur: Women no longer taking a backseat in running a business: HP Singh, Satin Creditcare Network

Satin Creditcare Network said that its board will meet on 2 March 2023 to consider a fund raising proposal via issue of privately placed non-convertible debentures (NCDs).

Satin Creditcare board to mull NCD issue of March 2

Price return has been average, nothing exciting

Performance

Can be considered moderately valued vs the market

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Satin Creditcare Network Ltd operates as a Non-Banking Finance Company.It provides individual loans to urban shopkeepers to purchase generators for their businesses and rural poor to meet their productive requirements in starting new businesses.