Share India Securities Ltd. Approves Terms of Rights Issue, Company added to MSCI Domestic Small Cap Index

Olectra Greentech Ltd, Vedanta Ltd, SpiceJet Ltd and Rail Vikas Nigam Ltd are among the other losers in the BSE’s ‘A’ group today, 28 February 2023.

Share India Securities Ltd leads losers in ‘A’ group

Board of Share India Securities calls off its proposed NCD issuance of Rs 150 cr

Share India Securities consolidated net profit rises 88.05% in the December 2022 quarter

Stocks to watch: NTPC, Time Technoplast, GR Infraprojects, Central Bank of India, Bank of Maharashtra, Dve Information, Raminfo, AVRO India, Oricon Enterprises, Sanghvi Movers and Share India Securities

Stocks that will see action on December 27, 2022

Stocks to watch before going into trade today are NTPC, SpiceJet, Time Technoplast, GR Infraprojects, Share India Securities.

Stock To Watch: NTPC, SpiceJet, Time Technoplast, GR Infraprojects, Share India Securities

Colgate-Palmolive (India) Ltd, Panama Petrochem Ltd, Page Industries Ltd and Share India Securities Ltd are among the other losers in the BSE’s ‘A’ group today, 14 December 2022.

Yes Bank Ltd leads losers in ‘A’ group

The financial services industry is the focus of Share India Securities Ltd, a small-cap business with a market valuation of ₹4,316.64 Crore.

Multibagger stock surges over 1000% in 3 years, Board declares interim dividend

Share India Securities consolidated net profit rises 67.20% in the September 2022 quarter

Company’s commercial paper worth Rs150 crore holds ‘CRISIL A2+’ ratings from CRISIL.

ICRA withdraws rating of Share India Securities’ bank facilities worth Rs500 crore; stock dips ~3%

Share India Securities fixes record date for dividend

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Strong financials and growth story over the years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

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

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Share India Securities Ltd is engaged in share broking and trading services in equity, Futures, options and currency derivatives segments. It also provides the services as a depository participant, research analyst, mutual fund advisor/distributor. 