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 :)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.