Religare Enterprises
*Religare Enterprises*
C&H Pattern: Yearly /Weekly Basis
MultiYear Trendline/C&H: Price BreakOut
Vol. Consolidation/Further BuiltUp
*With Upside, Trail SL*
*Book Profit as per Risk Appetite*
*Snapshot*
Estab. in 1984, Diversified Fin. Services Co., Providing loans to SMEs, Affordable Housing Finance, Health Insurance and Retail Broking.
Has ~11 lakh clients from ~1,275 locations in ~400 cities (India).
Simplified Group structure through mergers
Revenue Up/Net Loss on Qtrly/Yearly Basis.
CF for Ops. Increasingly +ve
FII Stake Up Since Jun’22 / DII Up since Dec’21
*Concern:*
Eroded TNW, High Leverage.
Loss Making. *Highly Risky*
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
C&H Pattern: Yearly /Weekly Basis
MultiYear Trendline/C&H: Price BreakOut
Vol. Consolidation/Further BuiltUp
*With Upside, Trail SL*
*Book Profit as per Risk Appetite*
*Snapshot*
Estab. in 1984, Diversified Fin. Services Co., Providing loans to SMEs, Affordable Housing Finance, Health Insurance and Retail Broking.
Has ~11 lakh clients from ~1,275 locations in ~400 cities (India).
Simplified Group structure through mergers
Revenue Up/Net Loss on Qtrly/Yearly Basis.
CF for Ops. Increasingly +ve
FII Stake Up Since Jun’22 / DII Up since Dec’21
*Concern:*
Eroded TNW, High Leverage.
Loss Making. *Highly Risky*
*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)
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