Loading..

Esaar (India) Limited (531502) Press Release Analysis

Corporate Events

Negative

Esaar (India) Limited Announces Resignation of ...

2022-11-17 08:22:00

Esaar (India) Limited announced that Ms. Jai Vaidya has resigned as the Company Secretary & compliance officer of the Company with effective f...

Neutral

Esaar (India) Limited, Board Meeting, Nov 14, 2022

2022-11-05 13:13:00

Esaar (India) Limited, Board Meeting, Nov 14, 2022, at 16:00 Indian Standard Time. Agenda: To consider, approve and take on record the unaudit...

Neutral

Esaar (India) Limited to Report Q2, 2023 Result...

2022-11-05 13:13:00

Esaar (India) Limited announced that they will report Q2, 2023 results on Nov 14, 2022

Negative

Esaar (India) Limited Appoints Shruti Rahul Jos...

2022-10-01 06:01:00

Esaar (India) Limited announced that the Members at the Annual General Meeting of the Company held on September 29, 2022 approved appointments...

Negative

Esaar (India) Limited Appoints Raju Kishan Dara...

2022-10-01 04:37:00

Esaar (India) Limited informed that the Members at the 70th Annual General Meeting of the Company held on September 29, 2022 approved appointm...

Negative

Esaar (India) Limited Announces Executive Changes

2022-09-06 11:38:00

Esaar (India) Limited at its board of directors meeting held on September 06, 2022 announced Resignation of Mrs. Disha Shah, Company Secretary...

Neutral

Esaar (India) Limited - Shareholder/Analyst Call

2022-08-24 12:44:00

Annual General Meeting

Neutral

Esaar (India) Limited, Annual General Meeting, ...

2022-08-24 12:44:00

Esaar (India) Limited, Annual General Meeting, Sep 29, 2022, at 14:00 Indian Standard Time. Agenda: To consider and adopt the Audited Financia...

Neutral

Esaar (India) Limited to Report Q1, 2023 Sales/...

2022-08-02 12:54:00

Esaar (India) Limited announced that they will report Q1, 2023 sales/trading statement results on Aug 10, 2022

Neutral

Esaar (India) Limited, Board Meeting, Aug 10, 2022

2022-08-02 12:54:00

Esaar (India) Limited, Board Meeting, Aug 10, 2022, at 16:00 Indian Standard Time. Agenda: To consider, approve and take on record the Un-audi...

Neutral

Esaar (India) Limited Approves Alteration to Me...

2022-06-16 13:02:00

Esaar (India) Limited at EGM Held On June 16, 2022. approved to increase authorised share capital of the company and subsequent alteration to ...

Neutral

Esaar (India) Limited - Shareholder/Analyst Call

2022-05-24 17:59:00

EGM

Neutral

Esaar (India) Limited, Special/Extraordinary Sh...

2022-05-24 17:59:00

Esaar (India) Limited, Special/Extraordinary Shareholders Meeting, Jun 16, 2022, at 13:00 Indian Standard Time. Agenda: To consider Increase A...

Neutral

Esaar (India) Limited, Board Meeting, May 27, 2022

2022-05-18 10:25:00

Esaar (India) Limited, Board Meeting, May 27, 2022, at 18:30 Indian Standard Time. Agenda: To consider, approve and take on record the Audited...

Positive

Esaar (India) Limited announced that it expects...

2022-05-17 00:00:00

Esaar (India) Limited announced a private placement of 40,000,000 warrants at a price of INR 2.5 for gross proceeds of INR 100,000,000 on May ...

Neutral

Esaar (India) Limited, Board Meeting, May 17, 2022

2022-05-12 12:58:00

Esaar (India) Limited, Board Meeting, May 17, 2022. Agenda: To consider and evaluate proposals for raising of funds in one or more tranches by...

Neutral

Esaar (India) Limited Announces Change in Regis...

2022-02-08 13:15:00

Esaar (India) Limited announced that the board has approved to shift and change in registered office of the Company within the local limits of...

Neutral

Esaar (India) Limited, Board Meeting, Feb 08, 2022

2022-01-28 11:41:00

Esaar (India) Limited, Board Meeting, Feb 08, 2022. Agenda: To consider and approve and take on record the Un-Audited Financial Results for th...

Negative

Esaar (India) Limited Announces Resignation of Jai Vaidya as Company Secretary & Compliance Officer

2022-11-17 08:22:00

Esaar (India) Limited announced that Ms. Jai Vaidya has resigned as the Company Secretary & compliance officer of the Company with effective from November 16, 2022.

Neutral

Esaar (India) Limited, Board Meeting, Nov 14, 2022

2022-11-05 13:13:00

Esaar (India) Limited, Board Meeting, Nov 14, 2022, at 16:00 Indian Standard Time. Agenda: To consider, approve and take on record the unaudited financial results for the quarter and half year ended September 30,2022.

Neutral

Esaar (India) Limited to Report Q2, 2023 Results on Nov 14, 2022

2022-11-05 13:13:00

Esaar (India) Limited announced that they will report Q2, 2023 results on Nov 14, 2022

Negative

Esaar (India) Limited Appoints Shruti Rahul Joshi as Executive Director

2022-10-01 06:01:00

Esaar (India) Limited announced that the Members at the Annual General Meeting of the Company held on September 29, 2022 approved appointments of Mrs. Shruti Rahul Joshi Director of the Company.

Negative

Esaar (India) Limited Appoints Raju Kishan Darade as Independent Director

2022-10-01 04:37:00

Esaar (India) Limited informed that the Members at the 70th Annual General Meeting of the Company held on September 29, 2022 approved appointments of Mr. Raju Kishan Darade as a Non-Executive, Independent Director of the Company.

Negative

Esaar (India) Limited Announces Executive Changes

2022-09-06 11:38:00

Esaar (India) Limited at its board of directors meeting held on September 06, 2022 announced Resignation of Mrs. Disha Shah, Company Secretary & Compliance Officer with effect from September 03, 2022. Further, Ms. Jai Vaidya is appointed as the Company Secretary & Compliance officer in place of Mrs. Disha Shah. Ms Jai Vaidya is a member of Institute of Company Secretary of India having 3.8 years of experience in relevant field.

Neutral

Esaar (India) Limited - Shareholder/Analyst Call

2022-08-24 12:44:00

Annual General Meeting

Neutral

Esaar (India) Limited, Annual General Meeting, Sep 29, 2022

2022-08-24 12:44:00

Esaar (India) Limited, Annual General Meeting, Sep 29, 2022, at 14:00 Indian Standard Time. Agenda: To consider and adopt the Audited Financial Statements of the Company for the Financial Year ended 31 March, 2022 together with the Reports of the Board of Directors and Auditors thereon.

Neutral

Esaar (India) Limited to Report Q1, 2023 Sales/Trading Statement Results on Aug 10, 2022

2022-08-02 12:54:00

Esaar (India) Limited announced that they will report Q1, 2023 sales/trading statement results on Aug 10, 2022

Neutral

Esaar (India) Limited, Board Meeting, Aug 10, 2022

2022-08-02 12:54:00

Esaar (India) Limited, Board Meeting, Aug 10, 2022, at 16:00 Indian Standard Time. Agenda: To consider, approve and take on record the Un-audited Financial Results for the quarter ended June 30, 2022.

Neutral

Esaar (India) Limited Approves Alteration to Memorandum of Association

2022-06-16 13:02:00

Esaar (India) Limited at EGM Held On June 16, 2022. approved to increase authorised share capital of the company and subsequent alteration to the Memorandum of Association of the company.

Neutral

Esaar (India) Limited - Shareholder/Analyst Call

2022-05-24 17:59:00

EGM

Neutral

Esaar (India) Limited, Special/Extraordinary Shareholders Meeting, Jun 16, 2022

2022-05-24 17:59:00

Esaar (India) Limited, Special/Extraordinary Shareholders Meeting, Jun 16, 2022, at 13:00 Indian Standard Time. Agenda: To consider Increase Authorized Share Capital of the Company and Subsequent Alteration to the Memorandum of Association of the Company; to consider Issue and allotment of Warrants on Preferential Basis; and such other issues.

Neutral

Esaar (India) Limited, Board Meeting, May 27, 2022

2022-05-18 10:25:00

Esaar (India) Limited, Board Meeting, May 27, 2022, at 18:30 Indian Standard Time. Agenda: To consider, approve and take on record the Audited Financial Results for the quarter and year ended March 31, and take on record the Audited Financial Results for the quarter ad year ended March 31, 2022.

Positive

Esaar (India) Limited announced that it expects to receive INR 100 million in funding from Triton International Private Limited

2022-05-17 00:00:00

Esaar (India) Limited announced a private placement of 40,000,000 warrants at a price of INR 2.5 for gross proceeds of INR 100,000,000 on May 17, 2022. The warrants are convertible into equity shares within a period of 18 months from the date of allotment in accordance with the SEBI Regulations 2018 to selected non-promoter group. The warrants will be issued on preferential basis. The company will receive 25% of the total amount, as upfront payment at the time of allotment of warrants and the remaining 75% will be paid within 18 months. The transaction has been approved by the board of directors of the company. The transaction included participation from Sumit Desai for 1,000,000 warrants, Sumit Desai HUF for 1,000,000 warrants, Bhoornika Desai for 1,000,000 warrants, Jyoti Desai for 1,000,000 warrants, Praful Desai for 1,000,000 warrants, Dharmaraj Ramsajivan Tiwari Private Trust for 2,045,000 warrants, Viswamani Tiwari for 1,000,000 warrants, Prabha Tiwari for 1,000,000 warrants, Ankush Tiwari for 100,000 warrants, Akash Tiwari for 100,000 warrants, Khushboo Tiwari for 100,000 warrants, Viswamani Tiwari HUF for 2,500,000 warrants, Prabhat Capital Investment Limited for 5,000,000 warrants, Jeet Gandhi for 250,000 warrants, Aditi Gandhi for 250,000 warrants, Vidhi Mehul Shah for 600,000 warrants, Mehul Shah for 400,000 warrants, Vinod Mishra for 100,000 warrants, Gaurav Mishra for 50,000 warrants, Lalima Mishra for 100,000 warrants, Rajesh Pandey for 2,500,000 warrants, Rahul Shah for 2,000,000 warrants, Core4 Marcom Private Limited for 5,000,000 warrants, Shruti Ajay Menon for 2,500,000 warrants, Viqberto Fitness Equipments Private Limited for 4,355,000 warrants, Triton International Private Limited for 5,000,000 warrants, and Bipin Verma for 50,000 warrants.

Neutral

Esaar (India) Limited, Board Meeting, May 17, 2022

2022-05-12 12:58:00

Esaar (India) Limited, Board Meeting, May 17, 2022. Agenda: To consider and evaluate proposals for raising of funds in one or more tranches by way of issue of warrants convertible into Equity shares of the Company, through permissible modes by way of Preferential Issue, subject to the receipt of necessary approvals.

Neutral

Esaar (India) Limited Announces Change in Registered Office Address

2022-02-08 13:15:00

Esaar (India) Limited announced that the board has approved to shift and change in registered office of the Company within the local limits of city, town and village from "204 B-Wing, New Prabhat SRA CHS LTD, Chikuwadi, Plot-115, Next to Bisleri Factory, W. E Highway, Andheri East, Mumbai- 400099, Maharashtra, India" to "Shop No. 06, Prathamesh Avenue, Datta Mandir Road, Malad East, Mumbai - 400097, Maharashtra, India" with effect from February 08, 2022.

Neutral

Esaar (India) Limited, Board Meeting, Feb 08, 2022

2022-01-28 11:41:00

Esaar (India) Limited, Board Meeting, Feb 08, 2022. Agenda: To consider and approve and take on record the Un-Audited Financial Results for the quarter and nine months ended December 31, 2021.

Fundamental Summary

Esaar's financial results from Q1 demonstrated decent performance, but will likely only help Esaar remain on par with its peers. We do believe, though, that macro-related market conditions will influence Esaar's performance more significantly than its individual results. Therefore, Esaar received an overall score of 71, translating into a HOLD ranking.

Esaar reported earnings results for the first quarter ended June 30, 2022. For the first quarter, the company reported sales was INR 66.5 million compared to INR 12.61 million a year ago. Revenue was INR 66.51 million compared to INR 167.9 million a year ago. Net income was INR 48.53 million compared to INR 151.11 million a year ago. Basic earnings per share from continuing operations was INR 2.37 compared to INR 7.39 a year ago. Diluted earnings per share from continuing operations was INR 2.37 compared to INR 7.39 a year ago.

Sector Overview

Esaar is included in the Capital Markets according to GICS (global industry classification standard). The Capital Markets industry is part of the Financials sector. It includes companies that engage in Diversified Capital Markets, Investment Banking & Brokerage, Asset Management & Custody Banks. Esaar's industry and sector affiliation are expected to positively boost their relative likelihood to overperform the market looking forward, as they should benefit significantly from the macroeconomic environment we see now.

Fundamental Highlights


Parameter Value Change Score
Price to Book 17.3 -6.6% 56
Equity 218.3M -6.1% 95
EBITDA -5.6M -514.7% 63
Parameter Value Change Score
Total Revenues 157.2M 1.4% 57
Return on Equity -2.1 -6388.1% 73
* All values are TTM

The below chart reflects Esaar's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Esaar's peer average final assessment score stands on 68, Esaar's score is 71.

  •  531502
  •  Peers average
Name Market Cap Balance Sheet Income Statement Cash Flow Rating Final Assessment mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 56 77 67
Hold
65
65 0 1
Monarch Networth Capital Limited 12.0B 52 71 68
Underperform
55
55 1 1
Dolat Algotech Limited 11.9B 82 45 76
Hold
71
71 2 1
UGRO Capital Limited 11.4B 82 70 68
Hold
78
78 3 1
Geojit Financial Services Limited 11.3B 74 83 65
Buy
79
79 4 1
PNB Gilts Ltd. 11.3B 68 82 55
Hold
68
68 5 1
BF Investment Limited 10.9B 64 64 66
Hold
63
63 6 1
Centrum Capital Limited 10.7B 85 64 88
Buy
81
81 7 1
5paisa Capital Limited 9.6B 85 58 81
Hold
76
76 8 1
Dhunseri Ventures Limited 9.1B 91 76 58
Buy
85
85 9 1
Kalyani Investment Company Limited 8.2B 75 71 85
Hold
77
77 10 1
Arihant Capital Markets Limited 7.0B 87 80 66
Buy
86
86 11 1
Summit Securities Limited 6.9B 44 62 87
Underperform
51
51 12 1
Nahar Capital and Financial Services Limited 5.6B 70 54 67
Hold
63
63 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 60 44 81
Underperform
55
55 14 1
The Investment Trust of India Limited 5.0B 55 84 65
Hold
66
66 15 1
Mahanivesh (India) Limited 4.5B 58 40 71
Underperform
46
46 16 1
Dhunseri Investments Limited 4.5B 46 72 76
Underperform
54
54 17 1
Kiran Vyapar Limited 4.0B 82 79 58
Buy
80
80 18 1
Swiss Military Consumer Goods Limited 3.7B 42 64 78
Underperform
50
50 19 1
Aditya Birla Money Limited 3.5B 88 81 75
Strong Buy
88
88 20 1
Jindal Photo Limited 3.5B 77 57 75
Hold
73
73 21 1
SIL Investments Limited 3.3B 64 55 81
Hold
61
61 22 1
Prime Securities Limited 3.2B 58 76 53
Underperform
58
58 23 1
Industrial & Prudential Investment Company Limited 3.2B 89 68 87
Buy
85
85 24 1
Indo Thai Securities Limited 3.2B 64 42 42
Underperform
51
51 25 1
Jaykay Enterprises Limited 3.0B 58 58 76
Hold
61
61 26 1
Systematix Corporate Services Limited 3.0B 77 93 75
Buy
86
86 27 1
Master Trust Limited 2.7B 78 64 50
Hold
70
70 28 1
STEL Holdings Limited 2.6B 80 55 45
Hold
67
67 29 1
IL&FS Investment Managers Limited 2.4B 73 57 79
Hold
69
69 30 1
ABans Enterprises Limited 2.4B 52 78 76
Hold
62
62 31 1
Quest Capital Markets Limited 2.1B 96 48 74
Hold
78
78 32 1
Almondz Global Securities Limited 2.0B 87 50 68
Hold
73
73 33 1
Industrial Investment Trust Limited 2.0B 74 62 71
Hold
70
70 34 1
Shardul Securities Limited 1.9B 59 61 81
Underperform
60
60 35 1
Emkay Global Financial Services Limited 1.8B 82 90 70
Strong Buy
88
88 36 1
Avonmore Capital & Management Services Limited 1.7B 69 79 70
Hold
73
73 37 1
Bombay Oxygen Investments Limited 1.7B 84 57 94
Hold
77
77 38 1
RSD Finance Limited 1.3B 78 49 54
Hold
65
65 39 1
Indbank Merchant Banking Services Limited 1.1B 54 73 53
Hold
62
62 40 1
LKP Finance Limited 1.1B 89 49 74
Hold
73
73 41 1
Welspun Investments and Commercials Limited 1.1B 83 60 50
Hold
72
72 42 1
LKP Securities Limited 1.1B 85 89 84
Strong Buy
92
92 43 1
Greencrest Financial Services Limited 994.2M 61 63 67
Hold
61
61 44 1
McDowell Holdings Limited 969.0M 73 57 51
Hold
63
63 45 1
DB (International) Stock Brokers Limited 899.5M 84 55 67
Hold
68
68 46 1
Shriram Asset Management Company Limited 881.7M 62 71 84
Hold
69
69 47 1
Global Capital Markets Limited 697.0M 55 50 80
Underperform
52
52 48 1
NCL Research & Financial Services Limited 556.6M 66 85 92
Strong Buy
87
87 49 1
Intellivate Capital Ventures Limited 500.4M 73 70 79
Buy
80
80 50 1
GCM Securities Limited 476.8M 48 85 76
Hold
65
65 51 1
Pioneer Investcorp Limited 466.7M 73 65 64
Hold
72
72 52 1
Wallfort Financial Services Ltd. 457.2M 71 46 63
Hold
61
61 53 1
Yamini Investments Company Limited 441.6M 46 54 59
Underperform
45
45 54 1
HB Stockholdings Limited 420.4M 75 66 67
Hold
71
71 55 1
Pro Fin Capital Services Ltd. 398.5M 81 43 63
Hold
62
62 56 1
HB Portfolio Limited 378.9M 64 47 88
Underperform
60
60 57 1
Cni Research Limited 311.1M 97 59 60
Hold
77
77 58 1
Odyssey Corporation Limited 291.9M 79 76 88
Buy
86
86 59 1
Monotype India Limited 225.0M 62 64 49
Underperform
52
52 60 1
Stampede Capital Limited 209.0M 37 69 82
Underperform
53
53 61 1
BFL Asset Finvest Limited 207.6M 70 58 66
Hold
63
63 62 1
Onelife Capital Advisors Limited 181.7M 78 67 51
Hold
65
65 63 1
AF Enterprises Limited 171.1M 72 82 63
Hold
75
75 64 1
Cubical Financial Services Limited 117.3M 60 57 99
Hold
71
71 65 1
Goenka Business & Finance Limited 109.2M 62 89 50
Hold
66
66 66 1
Alka Securities Limited 85.4M 91 86 61
Strong Buy
90
90 67 1
Gemstone Investments Limited 75.5M 82 96 85
Strong Buy
98
98 68 1
Confidence Finance and Trading Limited 73.9M 68 68 76
Hold
76
76 69 1
Essar Securities Limited 72.9M 79 50 88
Hold
74
74 70 1
Jackson Investments Limited 55.2M 43 72 77
Underperform
58
58 71 1
Mathew Easow Research Securities Limited 38.5M 59 55 60
Underperform
51
51 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59 66 71
Underperform
59
59 73 1
VLS Finance Limited 5.2B 79 70 64
Hold
75
75 74 1
Consolidated Finvest & Holdings Limited 4.4B 69 55 59
Hold
63
63 75 1
N.B.I. Industrial Finance Company Limited 4.2B 50 80 68
Underperform
59
59 76 1
Wealth First Portfolio Managers Limited 3.1B 85 50 66
Hold
72
72 77 1
Inventure Growth & Securities Limited 2.4B 87 49 91
Hold
76
76 78 1
BLB Limited 1.1B 90 78 67
Strong Buy
87
87 79 1
Steel City Securities Limited 910.2M 66 60 68
Hold
64
64 80 1

Macro Environment

Neutral
60

Typically, the stock market in India will react to recent economic events, as well as be influenced by the sentiment in other major economies around the world, such as the United States, European Union, and China. Our assessment is that these two events may influence global market sentiment. On the negative side we have the tensions between taiwan and china, and on the positive side we have the end of COVID-19 pandemic.

Positive end of COVID-19 pandemic

The World Health Organization issued six policy briefs outlining essential steps governments could take to stop the pandemic. The briefings, which are based on evidence and experience from the previous 32 months, provide guidance on how to save lives, protect health systems, and minimize social and economic disruption.

Negative tensions between taiwan and china

The tensions between Taiwan and China have spiked following Nancy Pelosi's visit to Taipei. China staged war games near Taiwan to express its anger at what it saw as stepped-up U.S. support for the island Beijing views as sovereign Chinese territory. Because Taiwan produces the majority of the world's semiconductors, which are used in every electronic device today, a war between China and Taiwan might be catastrophic for the global economy.

Besides the events we mentioned, there are also specific events related to the Diversified Financials industry of which Esaar (India) Limited is a part. As a result, we believe that the rising interest rate is a positive event that will continue to support the industry in the future, whereas the rising inflation may cloud the sector's shares.

Positive rising interest rate

From a historical point of view, the finance sector functions well when interest rates are rising, mainly due to the increase in loan repayments from lenders. Also, insurers often reinvest policyholder premiums into bond instruments, allowing them to profit when Treasury yields increase.

Negative rising inflation

The sudden increase in inflation is generally regarded as the most painful since it takes companies several quarters to pass on higher input costs to consumers. Historically, companies traded in the Diversified Financials industry have been hit by high inflation times due to increased operating expenses and decreased revenues.

In considering the current macro environment and the risks that might affect Esaar (India) Limited stock, we came to the conclusion that recent events aren't likely to affect the company's performance in the short term, and thus rated Esaar (India) Limited macro environment with the score of 60.

Technical Analysis

When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Esaar's stock is now priced above its 200-day, but below its 5-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the long-term. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Esaar's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 57.

Bearish 57
Close Price 7.25
52W Low 3.3
52W High 10.08
5D MA 7.54
50D MA 8.0
200D MA 6.15
MACD -0.27
RSI 12.71
STOCH 0.0

Balance Sheet Analysis

At a high level, Esaar delivered stable balance sheet metrics this period. Esaar's balance sheet metrics didn't highlight too many outstanding numbers, for either the good or the bad. Esaar did a great job related to equity this period, which stood at 218.3M, representing a -6.1% change. Companies in the same sector and market capitalization will usually be affected by up to 4.2 percent by this parameter. This performance is significantly more impressive than its peers and competitors. Therefore, its equity movement component earned a score of 95. Also, Esaar's management was effective in improving its cash and cash equivalents metrics, which now sit at 5.8M. This represents nan% change from the last reporting period. Its impressive cash and cash equivalents metrics should support upward pressure on its's stock price. Therefore, its cash and cash equivalents movement earned a score of 90. However, one discouraging result, Assets, stood out. Mediocre performance in terms of assets could drop the bar on expectations for Esaar's future attractiveness, as they changed to 415.0M in the latest filing. This works out to a nan% change from the last period. The lack of good news about assets momentum should be a cause for concern and is often met with downward pressure on the company's stock price. Consequently, their asset movement received a grade of 56. Therefore, it received a score of 69.

Parameter Value Change Score
Price to Book 17.3 -6.6% 56
Equity 218.3M -6.1% 95
* All values are TTM

The below chart describes Esaar's performance as reflected on its balance sheet with respect to its peers. While Esaar received a balance sheet score of 69, the average of its peers stands on 72.

  •  531502
  •  Peers average
Name Market Cap Liabilities Movement Asset Change Equity/Intangibles Adjustments Cash & Equivalents Book Value Momentum Balance Sheet mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 65.0 80.0 71.0 66.0 46.0 56 0 1
Monarch Networth Capital Limited 12.0B 66.0 69.0 48.0 63.0 47.0 52 1 1
Dolat Algotech Limited 11.9B 93.0 62.0 72.0 72.0 77.0 82 2 1
UGRO Capital Limited 11.4B 97.0 38.0 38.0 93.0 84.0 82 3 1
Geojit Financial Services Limited 11.3B 81.0 52.0 49.0 58.0 79.0 74 4 1
PNB Gilts Ltd. 11.3B 84.0 54.0 57.0 79.0 66.0 68 5 1
BF Investment Limited 10.9B 44.0 71.0 71.0 65.0 67.0 64 6 1
Centrum Capital Limited 10.7B 84.0 48.0 66.0 82.0 82.0 85 7 1
5paisa Capital Limited 9.6B 88.0 44.0 40.0 91.0 88.0 85 8 1
Dhunseri Ventures Limited 9.1B 88.0 51.0 65.0 62.0 91.0 91 9 1
Kalyani Investment Company Limited 8.2B 41.0 40.0 70.0 64.0 86.0 75 10 1
Arihant Capital Markets Limited 7.0B 78.0 54.0 66.0 57.0 88.0 87 11 1
Summit Securities Limited 6.9B 81.0 40.0 59.0 47.0 42.0 44 12 1
Nahar Capital and Financial Services Limited 5.6B 76.0 65.0 83.0 40.0 71.0 70 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 51.0 69.0 54.0 62.0 60 14 1
The Investment Trust of India Limited 5.0B 56.0 71.0 41.0 62.0 60.0 55 15 1
Mahanivesh (India) Limited 4.5B 74.0 76.0 71.0 58.0 51.0 58 16 1
Dhunseri Investments Limited 4.5B 44.0 53.0 61.0 72.0 45.0 46 17 1
Kiran Vyapar Limited 4.0B 57.0 83.0 87.0 47.0 88.0 82 18 1
Swiss Military Consumer Goods Limited 3.7B 46.0 53.0 47.0 63.0 43.0 42 19 1
Aditya Birla Money Limited 3.5B 88.0 49.0 46.0 90.0 89.0 88 20 1
Jindal Photo Limited 3.5B 51.0 76.0 72.0 51.0 80.0 77 21 1
SIL Investments Limited 3.3B 40.0 85.0 70.0 81.0 61.0 64 22 1
Prime Securities Limited 3.2B 49.0 86.0 57.0 55.0 50.0 58 23 1
Industrial & Prudential Investment Company Limited 3.2B 77.0 58.0 66.0 81.0 87.0 89 24 1
Indo Thai Securities Limited 3.2B 58.0 80.0 47.0 72.0 68.0 64 25 1
Jaykay Enterprises Limited 3.0B 61.0 47.0 78.0 58.0 53.0 58 26 1
Systematix Corporate Services Limited 3.0B 60.0 88.0 51.0 82.0 88.0 77 27 1
Master Trust Limited 2.7B 58.0 90.0 47.0 76.0 90.0 78 28 1
STEL Holdings Limited 2.6B 53.0 91.0 49.0 74.0 94.0 80 29 1
IL&FS Investment Managers Limited 2.4B 52.0 63.0 69.0 84.0 73.0 73 30 1
ABans Enterprises Limited 2.4B 84.0 39.0 45.0 94.0 50.0 52 31 1
Quest Capital Markets Limited 2.1B 71.0 88.0 76.0 80.0 94.0 96 32 1
Almondz Global Securities Limited 2.0B 77.0 68.0 85.0 78.0 90.0 87 33 1
Industrial Investment Trust Limited 2.0B 69.0 71.0 46.0 56.0 80.0 74 34 1
Shardul Securities Limited 1.9B 50.0 68.0 72.0 62.0 60.0 59 35 1
Emkay Global Financial Services Limited 1.8B 82.0 50.0 48.0 56.0 88.0 82 36 1
Avonmore Capital & Management Services Limited 1.7B 56.0 79.0 55.0 68.0 80.0 69 37 1
Bombay Oxygen Investments Limited 1.7B 56.0 60.0 92.0 82.0 78.0 84 38 1
RSD Finance Limited 1.3B 60.0 76.0 91.0 41.0 84.0 78 39 1
Indbank Merchant Banking Services Limited 1.1B 44.0 81.0 74.0 66.0 49.0 54 40 1
LKP Finance Limited 1.1B 87.0 54.0 66.0 88.0 84.0 89 41 1
Welspun Investments and Commercials Limited 1.1B 37.0 97.0 81.0 39.0 98.0 83 42 1
LKP Securities Limited 1.1B 66.0 59.0 44.0 79.0 91.0 85 43 1
Greencrest Financial Services Limited 994.2M 55.0 81.0 79.0 65.0 51.0 61 44 1
McDowell Holdings Limited 969.0M 71.0 94.0 42.0 38.0 89.0 73 45 1
DB (International) Stock Brokers Limited 899.5M 92.0 49.0 73.0 69.0 80.0 84 46 1
Shriram Asset Management Company Limited 881.7M 51.0 58.0 70.0 61.0 65.0 62 47 1
Global Capital Markets Limited 697.0M 48.0 79.0 71.0 78.0 53.0 55 48 1
NCL Research & Financial Services Limited 556.6M 66.0 51.0 82.0 97.0 66.0 66 49 1
Intellivate Capital Ventures Limited 500.4M 64.0 64.0 93.0 90.0 72.0 73 50 1
GCM Securities Limited 476.8M 65.0 51.0 54.0 60.0 66.0 48 51 1
Pioneer Investcorp Limited 466.7M 48.0 80.0 49.0 67.0 83.0 73 52 1
Wallfort Financial Services Ltd. 457.2M 68.0 60.0 81.0 71.0 69.0 71 53 1
Yamini Investments Company Limited 441.6M 70.0 50.0 54.0 79.0 41.0 46 54 1
HB Stockholdings Limited 420.4M 80.0 63.0 92.0 59.0 65.0 75 55 1
Pro Fin Capital Services Ltd. 398.5M 66.0 79.0 75.0 41.0 89.0 81 56 1
HB Portfolio Limited 378.9M 54.0 63.0 63.0 68.0 66.0 64 57 1
Cni Research Limited 311.1M 71.0 86.0 97.0 42.0 85.0 97 58 1
Odyssey Corporation Limited 291.9M 71.0 53.0 95.0 41.0 99.0 79 59 1
Monotype India Limited 225.0M 71.0 57.0 62.0 86.0 41.0 62 60 1
Stampede Capital Limited 209.0M 40.0 45.0 62.0 95.0 37.0 37 61 1
BFL Asset Finvest Limited 207.6M 85.0 71.0 54.0 59.0 75.0 70 62 1
Onelife Capital Advisors Limited 181.7M 70.0 55.0 89.0 85.0 67.0 78 63 1
AF Enterprises Limited 171.1M 56.0 93.0 41.0 72.0 85.0 72 64 1
Cubical Financial Services Limited 117.3M 67.0 68.0 53.0 42.0 71.0 60 65 1
Goenka Business & Finance Limited 109.2M 79.0 70.0 47.0 61.0 52.0 62 66 1
Alka Securities Limited 85.4M 86.0 93.0 66.0 68.0 90.0 91 67 1
Gemstone Investments Limited 75.5M 72.0 59.0 93.0 95.0 62.0 82 68 1
Confidence Finance and Trading Limited 73.9M 67.0 70.0 43.0 79.0 79.0 68 69 1
Essar Securities Limited 72.9M 68.0 61.0 87.0 87.0 82.0 79 70 1
Jackson Investments Limited 55.2M 63.0 61.0 44.0 42.0 55.0 43 71 1
Mathew Easow Research Securities Limited 38.5M 73.0 54.0 52.0 74.0 44.0 59 72 1
Pilani Investment and Industries Corporation Limited 21.2B 59.0 82.0 83.0 64.0 51.0 59 73 1
VLS Finance Limited 5.2B 79.0 72.0 89.0 71.0 69.0 79 74 1
Consolidated Finvest & Holdings Limited 4.4B 76.0 69.0 75.0 79.0 61.0 69 75 1
N.B.I. Industrial Finance Company Limited 4.2B 99.0 42.0 60.0 57.0 43.0 50 76 1
Wealth First Portfolio Managers Limited 3.1B 79.0 79.0 79.0 48.0 93.0 85 77 1
Inventure Growth & Securities Limited 2.4B 62.0 69.0 94.0 72.0 93.0 87 78 1
BLB Limited 1.1B 83.0 85.0 65.0 58.0 91.0 90 79 1
Steel City Securities Limited 910.2M 67.0 68.0 71.0 66.0 65.0 66 80 1

Income Statement Analysis

Taking a comprehensive view of Esaar's income statement statement, especially relative to their peers, Esaar looks likely to be able to maintain modest momentum. Esaar's reported return on equity (ROE) ratio was -2.1, representing a change of -6388.1%. Its return factor metrics are even more remarkable when compared to their peers. Consequently, their return factors received a grade of 73. However, one discouraging result, Revenue Efficiency, stood out. Esaar's revenue efficiency metrics look especially concerning this period, highlighting issues management is having controlling and reducing expenses while increasing earnings. This metric might have a 6.6 percent impact on companies in the same industry and with the same market capitalization. Its uninspiring revenue efficiency is even more concerning relative to its peers and competitors in the current market. As a result, their revenue efficiency earned a score of 57. Consequently, their income statement earned a rank of 62.

Parameter Value Change Score
EBITDA -5.6M -514.7% 63
Total Revenues 157.2M 1.4% 57
Return on Equity -2.1 -6388.1% 73
* All values are TTM

The below chart describes Esaar's performance as reflected on its income statement with respect to its peers. While Esaar received a income statement score of 62 , the average of its peers stands on 65.

  •  531502
  •  Peers average
Name Market Cap Revenue Momentum Earning Movement Return Factors Momentum Income Statement mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 79.0 79.0 70.0 77 0 1
Monarch Networth Capital Limited 12.0B 60.0 70.0 74.0 71 1 1
Dolat Algotech Limited 11.9B 49.0 44.0 45.0 45 2 1
UGRO Capital Limited 11.4B 95.0 77.0 50.0 70 3 1
Geojit Financial Services Limited 11.3B 81.0 78.0 84.0 83 4 1
PNB Gilts Ltd. 11.3B 92.0 81.0 77.0 82 5 1
BF Investment Limited 10.9B 54.0 65.0 65.0 64 6 1
Centrum Capital Limited 10.7B 43.0 66.0 69.0 64 7 1
5paisa Capital Limited 9.6B 90.0 59.0 50.0 58 8 1
Dhunseri Ventures Limited 9.1B 89.0 79.0 62.0 76 9 1
Kalyani Investment Company Limited 8.2B 92.0 75.0 51.0 71 10 1
Arihant Capital Markets Limited 7.0B 82.0 76.0 80.0 80 11 1
Summit Securities Limited 6.9B 88.0 63.0 52.0 62 12 1
Nahar Capital and Financial Services Limited 5.6B 94.0 57.0 52.0 54 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 41.0 69.0 45.0 44 14 1
The Investment Trust of India Limited 5.0B 84.0 80.0 85.0 84 15 1
Mahanivesh (India) Limited 4.5B 37.0 43.0 40.0 40 16 1
Dhunseri Investments Limited 4.5B 58.0 73.0 73.0 72 17 1
Kiran Vyapar Limited 4.0B 49.0 79.0 81.0 79 18 1
Swiss Military Consumer Goods Limited 3.7B 43.0 69.0 63.0 64 19 1
Aditya Birla Money Limited 3.5B 82.0 79.0 77.0 81 20 1
Jindal Photo Limited 3.5B 63.0 58.0 51.0 57 21 1
SIL Investments Limited 3.3B 38.0 69.0 43.0 55 22 1
Prime Securities Limited 3.2B 60.0 71.0 84.0 76 23 1
Industrial & Prudential Investment Company Limited 3.2B 47.0 77.0 61.0 68 24 1
Indo Thai Securities Limited 3.2B 96.0 53.0 39.0 42 25 1
Jaykay Enterprises Limited 3.0B 37.0 63.0 66.0 58 26 1
Systematix Corporate Services Limited 3.0B 45.0 76.0 97.0 93 27 1
Master Trust Limited 2.7B 70.0 72.0 60.0 64 28 1
STEL Holdings Limited 2.6B 91.0 61.0 51.0 55 29 1
IL&FS Investment Managers Limited 2.4B 53.0 57.0 55.0 57 30 1
ABans Enterprises Limited 2.4B 94.0 74.0 61.0 78 31 1
Quest Capital Markets Limited 2.1B 54.0 62.0 47.0 48 32 1
Almondz Global Securities Limited 2.0B 84.0 57.0 49.0 50 33 1
Industrial Investment Trust Limited 2.0B 56.0 58.0 67.0 62 34 1
Shardul Securities Limited 1.9B 56.0 63.0 62.0 61 35 1
Emkay Global Financial Services Limited 1.8B 92.0 83.0 91.0 90 36 1
Avonmore Capital & Management Services Limited 1.7B 81.0 75.0 66.0 79 37 1
Bombay Oxygen Investments Limited 1.7B 41.0 70.0 46.0 57 38 1
RSD Finance Limited 1.3B 55.0 56.0 56.0 49 39 1
Indbank Merchant Banking Services Limited 1.1B 94.0 63.0 77.0 73 40 1
LKP Finance Limited 1.1B 43.0 56.0 47.0 49 41 1
Welspun Investments and Commercials Limited 1.1B 67.0 73.0 55.0 60 42 1
LKP Securities Limited 1.1B 74.0 84.0 92.0 89 43 1
Greencrest Financial Services Limited 994.2M 84.0 68.0 66.0 63 44 1
McDowell Holdings Limited 969.0M 98.0 65.0 51.0 57 45 1
DB (International) Stock Brokers Limited 899.5M 47.0 61.0 48.0 55 46 1
Shriram Asset Management Company Limited 881.7M 56.0 69.0 77.0 71 47 1
Global Capital Markets Limited 697.0M 40.0 53.0 50.0 50 48 1
NCL Research & Financial Services Limited 556.6M 69.0 90.0 48.0 85 49 1
Intellivate Capital Ventures Limited 500.4M 87.0 63.0 83.0 70 50 1
GCM Securities Limited 476.8M 97.0 73.0 59.0 85 51 1
Pioneer Investcorp Limited 466.7M 82.0 63.0 57.0 65 52 1
Wallfort Financial Services Ltd. 457.2M 95.0 46.0 43.0 46 53 1
Yamini Investments Company Limited 441.6M 95.0 59.0 38.0 54 54 1
HB Stockholdings Limited 420.4M 82.0 56.0 72.0 66 55 1
Pro Fin Capital Services Ltd. 398.5M 40.0 48.0 43.0 43 56 1
HB Portfolio Limited 378.9M 44.0 46.0 50.0 47 57 1
Cni Research Limited 311.1M 37.0 71.0 72.0 59 58 1
Odyssey Corporation Limited 291.9M 90.0 56.0 96.0 76 59 1
Monotype India Limited 225.0M 39.0 64.0 65.0 64 60 1
Stampede Capital Limited 209.0M 97.0 67.0 71.0 69 61 1
BFL Asset Finvest Limited 207.6M 41.0 37.0 95.0 58 62 1
Onelife Capital Advisors Limited 181.7M 66.0 70.0 71.0 67 63 1
AF Enterprises Limited 171.1M 53.0 74.0 79.0 82 64 1
Cubical Financial Services Limited 117.3M 38.0 69.0 38.0 57 65 1
Goenka Business & Finance Limited 109.2M 43.0 95.0 41.0 89 66 1
Alka Securities Limited 85.4M 94.0 82.0 92.0 86 67 1
Gemstone Investments Limited 75.5M 85.0 93.0 55.0 96 68 1
Confidence Finance and Trading Limited 73.9M 89.0 60.0 70.0 68 69 1
Essar Securities Limited 72.9M 52.0 50.0 84.0 50 70 1
Jackson Investments Limited 55.2M 97.0 61.0 94.0 72 71 1
Mathew Easow Research Securities Limited 38.5M 47.0 61.0 82.0 55 72 1
Pilani Investment and Industries Corporation Limited 21.2B 51.0 70.0 63.0 66 73 1
VLS Finance Limited 5.2B 57.0 76.0 61.0 70 74 1
Consolidated Finvest & Holdings Limited 4.4B 38.0 65.0 46.0 55 75 1
N.B.I. Industrial Finance Company Limited 4.2B 51.0 76.0 83.0 80 76 1
Wealth First Portfolio Managers Limited 3.1B 69.0 47.0 61.0 50 77 1
Inventure Growth & Securities Limited 2.4B 69.0 58.0 52.0 49 78 1
BLB Limited 1.1B 76.0 75.0 88.0 78 79 1
Steel City Securities Limited 910.2M 49.0 64.0 61.0 60 80 1

Cash Flow Analysis

Esaar's recently published cash flow conveyed disappointing growth, particularly concerning Capital Expenditure metric. Esaar's management did not a remarkable job this period managing capital expenditures (CapEx). In terms of the raw numbers, CapEx was reported as nan, which represents a nan% change from the last period. This performance is all the more uninspiring relative to their peers and competitors. Its CapEx movement, therefore, received a grade of 66. That said, one metric, Asset Turnover, stood out as strongly positive. Esaar's published asset turnover numbers were encouraging and reflected management's balanced change strategy. Esaar recorded asset turnover of 0.4, which represents a nan% change from the previous report. Companies in the same industry and market capitalization are typically affected by this parameter by up to 9.2%. Their asset turnover numbers are significantly more impressive when contrasted against their peers and competitors. Correspondingly, their asset turnover movement received a grade of 68. Therefore, their cash flow earned a grade of 69.

Parameter Value Change Score
* All values are TTM

The below chart describes Esaar's performance as reflected on its cash flow with respect to its peers. While Esaar received a cash flow score of 69, the average of its peers stands on 66.

  •  531502
  •  Peers average
Name Market Cap Cashflow Momentum Free Cashflow Growth Capital Expenditure Growth Assets Factors Momentum Cash Flow mc_sort Hidden
Nalwa Sons Investments Limited 12.3B 72.0 65.0 68.0 64.0 67 0 1
Monarch Networth Capital Limited 12.0B 69.0 64.0 63.0 69.0 68 1 1
Dolat Algotech Limited 11.9B 65.0 72.0 71.0 76.0 76 2 1
UGRO Capital Limited 11.4B 70.0 67.0 67.0 63.0 68 3 1
Geojit Financial Services Limited 11.3B 76.0 54.0 56.0 65.0 65 4 1
PNB Gilts Ltd. 11.3B 69.0 59.0 68.0 50.0 55 5 1
BF Investment Limited 10.9B 70.0 63.0 68.0 65.0 66 6 1
Centrum Capital Limited 10.7B 67.0 67.0 67.0 90.0 88 7 1
5paisa Capital Limited 9.6B 66.0 67.0 67.0 82.0 81 8 1
Dhunseri Ventures Limited 9.1B 69.0 67.0 94.0 46.0 58 9 1
Kalyani Investment Company Limited 8.2B 82.0 53.0 69.0 93.0 85 10 1
Arihant Capital Markets Limited 7.0B 67.0 67.0 47.0 65.0 66 11 1
Summit Securities Limited 6.9B 85.0 51.0 96.0 71.0 87 12 1
Nahar Capital and Financial Services Limited 5.6B 63.0 84.0 95.0 46.0 67 13 1
Jindal Poly Investment and Finance Company Limited 5.3B 81.0 66.0 98.0 52.0 81 14 1
The Investment Trust of India Limited 5.0B 64.0 71.0 69.0 62.0 65 15 1
Mahanivesh (India) Limited 4.5B 73.0 56.0 68.0 74.0 71 16 1
Dhunseri Investments Limited 4.5B 74.0 66.0 68.0 76.0 76 17 1
Kiran Vyapar Limited 4.0B 61.0 71.0 40.0 82.0 58 18 1
Swiss Military Consumer Goods Limited 3.7B 73.0 63.0 57.0 77.0 78 19 1
Aditya Birla Money Limited 3.5B 53.0 85.0 81.0 69.0 75 20 1
Jindal Photo Limited 3.5B 63.0 68.0 59.0 83.0 75 21 1
SIL Investments Limited 3.3B 79.0 54.0 41.0 95.0 81 22 1
Prime Securities Limited 3.2B 72.0 64.0 70.0 48.0 53 23 1
Industrial & Prudential Investment Company Limited 3.2B 59.0 77.0 67.0 88.0 87 24 1
Indo Thai Securities Limited 3.2B 61.0 66.0 48.0 46.0 42 25 1
Jaykay Enterprises Limited 3.0B 74.0 55.0 95.0 87.0 76 26 1
Systematix Corporate Services Limited 3.0B 83.0 46.0 65.0 68.0 75 27 1
Master Trust Limited 2.7B 71.0 66.0 46.0 50.0 50 28 1
STEL Holdings Limited 2.6B 54.0 84.0 68.0 40.0 45 29 1
IL&FS Investment Managers Limited 2.4B 58.0 74.0 85.0 85.0 79 30 1
ABans Enterprises Limited 2.4B 45.0 89.0 91.0 87.0 76 31 1
Quest Capital Markets Limited 2.1B 65.0 72.0 63.0 78.0 74 32 1
Almondz Global Securities Limited 2.0B 78.0 38.0 52.0 74.0 68 33 1
Industrial Investment Trust Limited 2.0B 67.0 72.0 59.0 71.0 71 34 1
Shardul Securities Limited 1.9B 68.0 65.0 76.0 84.0 81 35 1
Emkay Global Financial Services Limited 1.8B 61.0 72.0 91.0 65.0 70 36 1
Avonmore Capital & Management Services Limited 1.7B 66.0 71.0 65.0 66.0 70 37 1
Bombay Oxygen Investments Limited 1.7B 52.0 82.0 90.0 94.0 94 38 1
RSD Finance Limited 1.3B 51.0 66.0 68.0 61.0 54 39 1
Indbank Merchant Banking Services Limited 1.1B 75.0 61.0 53.0 52.0 53 40 1
LKP Finance Limited 1.1B 63.0 72.0 67.0 72.0 74 41 1
Welspun Investments and Commercials Limited 1.1B 63.0 80.0 68.0 38.0 50 42 1
LKP Securities Limited 1.1B 62.0 78.0 67.0 82.0 84 43 1
Greencrest Financial Services Limited 994.2M 68.0 68.0 69.0 67.0 67 44 1
McDowell Holdings Limited 969.0M 86.0 44.0 66.0 37.0 51 45 1
DB (International) Stock Brokers Limited 899.5M 60.0 81.0 68.0 65.0 67 46 1
Shriram Asset Management Company Limited 881.7M 66.0 67.0 81.0 84.0 84 47 1
Global Capital Markets Limited 697.0M 71.0 60.0 60.0 89.0 80 48 1
NCL Research & Financial Services Limited 556.6M 71.0 69.0 66.0 90.0 92 49 1
Intellivate Capital Ventures Limited 500.4M 66.0 71.0 62.0 83.0 79 50 1
GCM Securities Limited 476.8M 69.0 70.0 60.0 79.0 76 51 1
Pioneer Investcorp Limited 466.7M 80.0 56.0 71.0 62.0 64 52 1
Wallfort Financial Services Ltd. 457.2M 66.0 71.0 63.0 65.0 63 53 1
Yamini Investments Company Limited 441.6M 66.0 71.0 63.0 58.0 59 54 1
HB Stockholdings Limited 420.4M 70.0 66.0 59.0 60.0 67 55 1
Pro Fin Capital Services Ltd. 398.5M 70.0 71.0 66.0 51.0 63 56 1
HB Portfolio Limited 378.9M 73.0 63.0 56.0 91.0 88 57 1
Cni Research Limited 311.1M 69.0 69.0 64.0 62.0 60 58 1
Odyssey Corporation Limited 291.9M 70.0 69.0 69.0 98.0 88 59 1
Monotype India Limited 225.0M 67.0 69.0 65.0 46.0 49 60 1
Stampede Capital Limited 209.0M 66.0 71.0 63.0 97.0 82 61 1
BFL Asset Finvest Limited 207.6M 61.0 71.0 65.0 64.0 66 62 1
Onelife Capital Advisors Limited 181.7M 69.0 69.0 64.0 51.0 51 63 1
AF Enterprises Limited 171.1M 66.0 71.0 65.0 51.0 63 64 1
Cubical Financial Services Limited 117.3M 71.0 69.0 66.0 98.0 99 65 1
Goenka Business & Finance Limited 109.2M 69.0 70.0 60.0 51.0 50 66 1
Alka Securities Limited 85.4M 83.0 54.0 86.0 42.0 61 67 1
Gemstone Investments Limited 75.5M 70.0 69.0 70.0 85.0 85 68 1
Confidence Finance and Trading Limited 73.9M 69.0 71.0 66.0 76.0 76 69 1
Essar Securities Limited 72.9M 71.0 69.0 66.0 86.0 88 70 1
Jackson Investments Limited 55.2M 66.0 71.0 62.0 81.0 77 71 1
Mathew Easow Research Securities Limited 38.5M 69.0 69.0 64.0 63.0 60 72 1
Pilani Investment and Industries Corporation Limited 21.2B 66.0 71.0 66.0 67.0 71 73 1
VLS Finance Limited 5.2B 68.0 69.0 60.0 66.0 64 74 1
Consolidated Finvest & Holdings Limited 4.4B 48.0 89.0 77.0 42.0 59 75 1
N.B.I. Industrial Finance Company Limited 4.2B 78.0 42.0 68.0 59.0 68 76 1
Wealth First Portfolio Managers Limited 3.1B 60.0 81.0 68.0 72.0 66 77 1
Inventure Growth & Securities Limited 2.4B 85.0 46.0 93.0 73.0 91 78 1
BLB Limited 1.1B 85.0 45.0 84.0 66.0 67 79 1
Steel City Securities Limited 910.2M 59.0 72.0 62.0 73.0 68 80 1

This report, prepared and provided by Deshe Labs Ltd ("Deshe"), is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used, construed, or considered as financial or investment advice, an offer, a solicitation of any offer, a recommendation, or an offer to invest in, sell or buy the securities mentioned in this report or other form of a financial asset or as a marketing communication under FCA Rules. For the full disclaimer, click here.