bell
The current prices are delayed by 15 mins, login to check live prices.
Palash Securities Ltd share price logo

Palash Securities Ltd

(PALASHSECU)

₹162.081.91%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Palash Securities Ltd Performance

  • Day's Low

    Day's High

    ₹158.55
    ₹165.88
  • 52 Week's Low

    52 Week's High

    ₹101.9
    ₹198.7
1 Month Return+ 8.89 %
3 Month Return+ 8.65 %
1 Year Return+ 28.18 %
Previous Close₹159.04
Open₹163.90
Volume13.53K
Upper Circuit-
Lower Circuit-
Market Cap₹159.09Cr

Palash Securities Ltd Key Statistics

P/E Ratio-17.13
PEG Ratio-2.97
Market Cap₹159.09 Cr
P/B Ratio3.83
EPS-15.76
Dividend Yield0
SectorFinance
ROE0.52

Palash Securities Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹159.09 Cr98.74%0.50-₹16 Cr₹40 Cr
HOLD₹3,478.19 Cr5.75%0.83₹115 Cr₹1,395 Cr
BUY₹9,544.72 Cr21.2%0.89NANA
NA₹195.84 Cr712.29%0.61NANA
NA₹35.33 Cr75.6%0.50₹2 Cr₹10 Cr

About Palash Securities Ltd

Palash Securities Limited was incorporated in 2015 and operates as a Core Investment Company (CIC) under RBI guidelines, investing in group companies, immovable properties, and securities. The Palash group has five wholly owned subsidiaries, including Hargaon Investment and Trading Co. Ltd., OSM Investment and Trading Co. Ltd., Champaran Marketing Co. Ltd., Allahabad Canning Ltd., and Hargaon Properties Ltd. Allahabad Canning Ltd. is engaged in food processing and the other companies focus on investments and NBFC activities. In 2017, Palash Securities underwent a business realignment process from OSML, transferring assets and liability for food processing and investments from OSML to Palash, and transferring food processing from Palash to Allahabad Canning Ltd. In 2020-21, rights were issued to allocate 1208305 equity shares as an offer from Allahabad Canning Ltd. to Palash’s subsidiaries. This offer was of Rs 10 face value and a premium of Rs 65.80, bringing the total to Rs 9.16 crores. The entire offered shares have been successfully renounced.

Share Price: ₹162.08 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹159.09Cr as of today
Revenue: ₹15.75Cr as on September 2024 (Q3 24)
Net Profit: ₹-2.96Cr as on September 2024 (Q3 24)
Listing date: 28 Jul, 2017
Chairperson Name: Shalini Nopany
OrganisationPalash Securities Ltd
Headquarters
IndustryFinance
E-voting on sharesClick here to vote

Key events for Palash Securities Ltd

  • Palash Securities Reports Decline in Net Sales - 26 Aug, 2024

    Palash Securities reported a 20.01% decline in net sales to Rs 6.49 crore for June 2024. The company also faced a net loss of Rs 2.22 crore, up 47.96% year-on-year. Despite these challenges, shares closed at Rs 149.18, reflecting a 21.98% return over the last six months and 44.83% over the past year.

Insights on Palash Securities Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, -3.29 Cr → -1.65 Cr (in ₹), with an average increase of 41.4% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, PALASHSECU stock has moved up by 8.9%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 6.65 Cr → 15.75 Cr (in ₹), with an average increase of 57.8% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Nippon Life India Asset Management Ltd has given 62.0% return, outperforming this stock by 33.8%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Tata Investment Corporation Ltd has given 333.6% return, outperforming this stock by 218.1%

  • imgNO EFFECT

    Retail Holding Unchanged

    img

    Retail Investor holdings remained unchanged at 27.06% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 72.18% of holdings in Sep 2024 quarter

Palash Securities Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹14.53Cr (-)₹8.96Cr (↓38.33%)₹9.67Cr (↑7.92%)₹6.65Cr (↓31.23%)₹15.75Cr (↑136.84%)
Net Income-₹1.34Cr (-)-₹3.46Cr (↑158.21%)-₹4.78Cr (↑38.15%)-₹3.28Cr (↓31.38%)-₹2.96Cr (↓9.76%)
Net Profit Margin-9.22% (-)-38.62% (↑318.87%)-49.43% (↑27.99%)-49.32% (↓0.22%)-18.79% (↓61.90%)
Value in ₹ crore
Details2021202220232024
Total Assets₹25.74Cr (-)₹29.20Cr (↑13.44%)₹33.28Cr (↑13.97%)₹31.68Cr (↓4.81%)
Total Liabilities₹2.70Cr (-)₹2.74Cr (↑1.48%)₹2.98Cr (↑8.76%)₹0.54Cr (↓81.88%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹0.01Cr (-)₹2.69Cr (↓27,000.00%)₹1.67Cr (↓37.92%)₹2.68Cr (↑60.48%)-₹0.13Cr (↓104.85%)
0

Palash Securities Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
72.18%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0.01%
0.00
Retail Investors
27.06%
0.00
Others
0.75%
0.00

Palash Securities Ltd Key Indicators

Details2021202220232024
Return On Equity %12.296.614.370.52
Details20202021202220232024
Return On Assets %-8.54-49.84-29.28-46.78-30.37
Details20202021202220232024
Book Value Per Share (₹)161.99277.84548.27384.74482.66
Details20202021202220232024
Earning Per Share (₹)-1.93-12.83-8.54-16.25-15.76

Palash Securities Ltd Valuation

Palash Securities Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-21.65x)

August 27, 2024

Today (-17.13x)

November 22, 2024

Industry (25.43x)

November 22, 2024

Highest (226.87x)

January 9, 2020

LowHigh

Palash Securities Ltd Earnings and Dividends

  • Palash Securities Ltd Earnings Results

    Palash Securities Ltd’s net profit fell -734.62% since last year same period to ₹-1.65Cr in the Q2 2024-2025. On a quarterly growth basis, Palash Securities Ltd has generated 25.68% jump in its net profits since last 3-months.

    Read More about Earnings Results

Palash Securities Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Palash Securities Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Palash Securities Ltd

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Palash Securities Ltd shares.

Palash Securities Ltd (PALASHSECU) share price today is ₹162.08

Palash Securities Ltd is listed on NSE

Palash Securities Ltd is listed on BSE

  • Today’s highest price of Palash Securities Ltd is ₹165.88.
  • Today’s lowest price of Palash Securities Ltd is ₹158.55.

PE Ratio of Palash Securities Ltd is -17.13

PE ratio = Palash Securities Ltd Market price per share / Palash Securities Ltd Earnings per share

Today’s traded volume of Palash Securities Ltd(PALASHSECU) is 13.53K.

Today’s market capitalisation of Palash Securities Ltd(PALASHSECU) is ₹159.09Cr.

Palash Securities Ltd(PALASHSECUPrice
52 Week High
₹198.7
52 Week Low
₹101.9

Palash Securities Ltd(PALASHSECU) share price is ₹162.08. It is down -18.43% from its 52 Week High price of ₹198.7

Palash Securities Ltd(PALASHSECU) share price is ₹162.08. It is up 59.06% from its 52 Week Low price of ₹101.9

Palash Securities Ltd(PALASHSECUReturns
1 Day Returns
3.04%
1 Month Returns
8.89%
3 Month Returns
8.65%
1 Year Returns
28.18%