Religare Enterprises Ltd Performance
Day's Low
Day's High
₹246.01₹251.6152 Week's Low
52 Week's High
₹201.6₹297.6
| Returns % | |
| 1 Month Return | -5.56 % |
| 3 Month Return | -2.77 % |
| 1 Year Return | + 13.58 % |
| Market Stats | |
| Previous Close | ₹251.87 |
| Open | ₹250.00 |
| Volume | 4.00L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹8,319.14Cr |
Religare Enterprises Ltd Key Statistics
| P/E Ratio | 38.69 |
| PEG Ratio | -0.39 |
| Market Cap | ₹8,319.14 Cr |
| P/B Ratio | 2.19 |
| EPS | 97.93 |
| Dividend Yield | 0 |
| Sector | Finance |
| ROE | 0 |
Religare Enterprises Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹8,319.14 Cr | 73.98% | 0.53 | ₹3,168 Cr | ₹4,679 Cr | |
| NA | ₹479.35 Cr | 53.63% | 0.88 | NA | NA | |
| NA | ₹18.28 Cr | 22.1% | 0.54 | NA | NA | |
| NA | ₹117.12 Cr | 371.18% | 0.50 | ₹3 Cr | ₹36 Cr | |
| NA | ₹62.24 Cr | 396.67% | 0.57 | NA | ₹1 Cr |
Religare Enterprises Ltd Mutual Fund Holdings
About Religare Enterprises Ltd
Share Price: ₹248.78 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹8,319.14Cr as of today
Revenue: ₹1,970.97Cr as on September 2024 (Q3 24)
Net Profit: ₹68.49Cr as on September 2024 (Q3 24)
Listing date: 21 Nov, 2007
Chairperson Name: Rashmi Saluja
| Organisation | Religare Enterprises Ltd |
| Headquarters | Noida |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for Religare Enterprises Ltd
Religare Faces Legal Challenges Amid New Partnerships - 19 Nov, 2024
Rashmi Saluja, chairperson of Religare Enterprises, is under investigation by Mumbai Police regarding ESOPs, while Religare Broking partners with FPSB India to improve financial services.
Burman Family's Acquisition of Religare Broking Approved - 14 Nov, 2024
The Burman family has received approval from stock and commodity exchanges to acquire Religare Broking as part of their open offer for Religare Enterprises. This follows prior approvals from competition and insurance regulators, despite management reluctance. The Burman family currently holds a 25% stake in REL and aims to increase their ownership through this acquisition.
Religare Reports Strong Q2FY25 Financial Results - 13 Nov, 2024
Religare Enterprises Ltd announced a consolidated net profit of ₹68.49 crore for Q2FY25, reflecting a 70% increase year-on-year. Total revenue rose to ₹1,971 crore.
Religare Enterprises Reports Strong Q2 Profit Growth - 12 Nov, 2024
Religare Enterprises announced a 70% increase in consolidated net profit to Rs 68.49 crore for Q2 ended September 2024, with total revenue rising to Rs 1,971 crore. Additionally, Group CFO Nitin Aggarwal will leave the company on November 12, 2024.
Religare Enterprises Stock Outperforms Indices Amid Takeover Battle - 29 Oct, 2024
Religare Enterprises shares have outperformed benchmark indices, returning over 15% in the last six months. Mutual funds are increasingly investing in the company despite ongoing takeover discussions.
IRDAI No Objection to Burman Family's Acquisition - 25 Oct, 2024
Religare Enterprises received a no-objection letter from IRDAI regarding the Burman family's open offer. However, final approval depends on SEBI and RBI. The acquisition remains contentious amid ongoing corporate disputes.
RBI Rejects Asthana's Appointment; AGM Dispute Continues - 24 Oct, 2024
Religare Enterprises faces challenges as RBI denies Rakesh Asthana's board appointment, citing oversight in disclosure. The Burman family's legal battle over AGM delay continues.
Burmans Challenge Religare AGM Extension in Court - 21 Oct, 2024
The Burman family's MB Finmart opposes the Registrar of Companies' extension for Religare's AGM, citing concerns over executive chairperson Rashmi Saluja's position amid ongoing investigations. The Delhi High Court will hear the case on November 20.
Insights on Religare Enterprises Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 1.71K Cr → 1.97K Cr (in ₹), with an average increase of 13.0% per quarter
- POSITIVE IMPACT
Price Rise
In the last 7 days, RELIGARE stock has moved up by 2.7%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 18.0 Cr → 51.21 Cr (in ₹), with an average increase of 64.9% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 7.70% to 9.62% in Sep 2024 quarter
- POSITIVE IMPACT
Best in 3 Years
In the last 3 years, RELIGARE has outperformed top 5 stocks with highest market-cap in Life & Health Insurance
NO EFFECTAgainst Peers
In the last 1 year, Life Insurance Corporation of India has given 46.8% return, outperforming this stock by 33.2%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 8.49% to 8.01% in Sep 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 80.52% to 78.56% in Sep 2024 quarter
Religare Enterprises Ltd Financials
Index Inclusions
Religare Enterprises Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 8.01% | ||
| Mutual Funds | 9.62% | 24.99 | |
| Retail Investors | 78.56% | ||
| Others | 3.81% | 15.61 |
Religare Enterprises Ltd Key Indicators
Religare Enterprises Ltd Valuation
Religare Enterprises Ltd in the last 5 years
Lowest (-21.62x)
February 19, 2018
Industry (25.64x)
November 19, 2024
Today (38.69x)
November 19, 2024
Highest (50.84x)
September 10, 2024
Religare Enterprises Ltd Earnings and Dividends
Religare Enterprises Ltd Earnings Results
Religare Enterprises Ltd’s net profit jumped 102.33% since last year same period to ₹51.21Cr in the Q2 2024-2025. On a quarterly growth basis, Religare Enterprises Ltd has generated 184.5% jump in its net profits since last 3-months.
Read More about Earnings Results
Religare Enterprises Ltd Technicals Summary
Bearish
Neutral
Bullish
Religare Enterprises Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Religare Enterprises Ltd (RELIGARE) share price today is ₹248.78
Religare Enterprises Ltd is listed on NSE
Religare Enterprises Ltd is listed on BSE
- Today’s highest price of Religare Enterprises Ltd is ₹251.61.
- Today’s lowest price of Religare Enterprises Ltd is ₹246.01.
PE Ratio of Religare Enterprises Ltd is 38.69
PE ratio = Religare Enterprises Ltd Market price per share / Religare Enterprises Ltd Earnings per share
Today’s traded volume of Religare Enterprises Ltd(RELIGARE) is 4.00L.
Today’s market capitalisation of Religare Enterprises Ltd(RELIGARE) is ₹8319.14Cr.
| Religare Enterprises Ltd(RELIGARE | Price |
|---|---|
52 Week High | ₹297.6 |
52 Week Low | ₹201.6 |
Religare Enterprises Ltd(RELIGARE) share price is ₹248.78. It is down -16.40% from its 52 Week High price of ₹297.6
Religare Enterprises Ltd(RELIGARE) share price is ₹248.78. It is up 23.40% from its 52 Week Low price of ₹201.6
| Religare Enterprises Ltd(RELIGARE | Returns |
|---|---|
1 Day Returns | -3.09% |
1 Month Returns | -5.56% |
3 Month Returns | -2.77% |
1 Year Returns | 13.58% |