About
About Religare Enterprises Limited
Religare Enterprises Limited, through its subsidiaries, provides various financial services in India and internationally. It operates through Investment and Financing Activities; Broking Related Activities; E-Governance; and Insurance segments. The company provides small and medium enterprise financing; and housing finance products comprising home-purchase, home construction, and home improvement loans. It also offers broking services in equity, currency, and commodity; and depository participant services, as well as operates as a NSDL-appointed enrolment agency for Aadhaar Unique Identification Number, and a mutual fund distributor. In addition, the company provides health, critical illness, personal accident, top-up coverage, international travel, and maternity insurance products, as well as group health and personal accident insurance for corporates. Further, the company engages in the permanent account number issuance; tax deduction and collection account number and e-TDS returns; acting as a business correspondent for banking services; bharat bill payment systems and recharges; ticketing for airlines, railways, buses, and tourism through online and offline platforms; digital signature certificate and token services; and operating as a central record keeping agency facilitation center. The company was incorporated in 1984 and is headquartered in New Delhi, India.
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5 years, 4 months ago
Religare Enterprises Limited is currently in a long term uptrend where the price is trading 66.4% above its 200 day moving average.
From a valuation standpoint, the stock is 93.7% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 2.2.
Religare Enterprises Limited's total revenue sank by 28.9% to $4B since the same quarter in the previous year.
Its net income has increased by 51.3% to $-1B since the same quarter in the previous year.
Finally, its free cash flow fell by 44.6% to $7B since the same quarter in the previous year.
Based on the above factors, Religare Enterprises Limited gets an overall score of 3/5.