Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Vedant Asset Limited is an India-based company engaged in the business as a Corporate Business Correspondents (BC) of Bank of India, Jharkhand Rajya Gramin Bank (JRGB) and Madhya Pradesh Gramin Bank (MPGB) and as mutual funds distribution through working in various rural and semi-urban locations. The Company offers services ranging from mutual funds to investments, insurance, loans, payments and others. Its Vedant Mitra Kendra acts as Banking Customer services Point (CSPs) to fulfill all the necessary banking requirements of the people, Aadhaar enabled payment system, Direct Money Transfer (DMT), investment in mutual funds, permanent account number (PAN) related services, insurance services, loan services and recharge services along with air, rail and bus ticketing, among others. It offers insurance services for bike, car, health and life. Its platform also enables mobile recharge, DTH recharge, PAN card application/corrections, link PAN card with Aadhaar card and services of e-PAN.
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Pledged promoter holdings is insignificant
Total Promoter HoldingIncreasing promoter holding is considered good and reflects management’s positive view about the future outlook
In last 6 months, promoter holding in the company has almost stayed constant