Religare Share Price
(RELIGARE)
₹223.01
as on 04:01PM, 20 Feb 2025
🔔 Acquisition Alert
The Burman family has acquired a controlling stake in Religare Enterprises, becoming its new promoters and planning a capital infusion of ₹2,000 crore.
Religare Performance
Day's Low
Day's High
₹222.5Day's Price Range₹229.1652 Week's Low
52 Week's High
₹201.652-Week Price Range₹320
| Returns % | |
| 1 Month Return | -16.92 % |
| 3 Month Return | -8.43 % |
| 1 Year Return | -3.04 % |
| Market Stats | |
| Previous Close | ₹227.80 |
| Open | ₹227.80 |
| Volume | 17.19L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹7,531.20Cr |
Religare Key Statistics
P/E Ratio
49.52
PEG Ratio
-0.47
Market Cap
₹7,531.20 Cr
P/B Ratio
3.26
EPS
10.54
Dividend Yield
0Sector
Finance
ROE
0Religare Mutual Fund Holdings
What's happening today
Today's Timeline - Invalid Date
06:17 AM
-Burman family officially takes control of Religare Enterprises after acquiring 25.16% stake, plans to infuse ₹2,000 crore.
Key events for Religare Enterprises Ltd
Burman Group Takes Control of Religare Enterprises - 20 Feb, 2025
The Burman Group has acquired a controlling stake in Religare Enterprises Limited, becoming its promoters. Their immediate focus is on stability, governance, and sustainable growth, despite a tepid response to their open offer for additional shares.Burmans' Open Offer for Religare Sees Low Response - 19 Feb, 2025
The Burman family's Rs 2,116 crore open offer for Religare Enterprises Ltd received a disappointing response, with only 0.07% of shares tendered. The offer aimed to acquire a 26% stake but faced regulatory complaints and internal disputes, leading to the ousting of Executive Chairperson Rashmi Saluja.Leadership Changes and Investment Plans at Religare Enterprises - 17 Feb, 2025
The Burman family has completed their open offer for Religare Enterprises and may invest ₹5,000 crore in subsidiaries. Meanwhile, Company Secretary Vinay Gupta resigned after Rashmi Saluja's removal, which has led to legal challenges.Sebi Rejects Gaekwad's Competing Offer for Religare - 15 Feb, 2025
The Securities and Exchange Board of India (Sebi) dismissed Digvijay Gaekwad's application for a competing open offer for Religare Enterprises, citing insufficient financial proof. This decision strengthens the Burman family's position in their bid for control of the company, following the removal of chairperson Rashmi Saluja.Religare Enterprises Faces Leadership Changes and Open Offer Developments - 14 Feb, 2025
Rashmi Saluja exits as director, leading to a nearly 4% rise in shares. SEBI rejects a competing offer from Danny Gaekwad, allowing Burman Group's offer to proceed, which received minimal shareholder interest.Legal Challenges Intensify for Religare Enterprises - 11 Feb, 2025
Rashmi Saluja, ousted chairperson of Religare Enterprises, has filed a petition against SEBI regarding the Burman family's open offer, marking her seventh legal attempt to block the takeover. The ongoing litigation raises investor uncertainty as the Delhi HC prepares to hear the case, potentially impacting the open offer process amid regulatory scrutiny.Religare Faces Takeover Battle and Leadership Scrutiny - 09 Feb, 2025
At the AGM, Rashmi Saluja defended her leadership against takeover attempts and legal challenges. Meanwhile, Danny Gaekwad seeks PM Modi's support for his acquisition bid.Supreme Court Extends Burman Family's Religare Offer - 07 Feb, 2025
The Supreme Court has extended the Burman family's open offer for Religare Enterprises until February 12, requiring competitor Gaekwad to deposit ₹600 crore as earnest money. The court criticized SEBI for its handling of the situation, emphasizing the need for fair pricing for shareholders.Religare Faces Leadership Challenges Amid Tax Issues - 06 Feb, 2025
Religare Enterprises is navigating significant leadership challenges as chairperson Rashmi Saluja faces potential ouster, while a subsidiary deals with tax penalties. Additionally, a competing open offer complicates shareholder dynamics.Religare Faces Losses and Board Resignation Amidst Controversy - 05 Feb, 2025
Religare Enterprises reported a significant net loss in Q3FY25, while independent director Hamid Ahmed resigned due to increased family business responsibilities amidst regulatory scrutiny and allegations of insider trading.Religare CEO Sues to Block Takeover and Extend Tenure - 31 Jan, 2025
Rashmi Saluja, CEO of Religare Enterprises, has filed a lawsuit to prevent a takeover and extend her tenure, opposing four independent directors. The AGM on February 7 will vote on her reappointment, which faces challenges from major shareholders and proxy advisors recommending against it.Court Rulings Favor Burman Family's Open Offer - 30 Jan, 2025
The Delhi High Court ruled against halting Religare's AGM and allowed the Burman family's open offer to proceed, despite shareholder objections. Rashmi Saluja's appeal for relief was denied, emphasizing ongoing corporate governance disputes.Religare Enterprises Faces Legal and Bid Challenges - 29 Jan, 2025
Rashmi Saluja challenges her removal as director at Religare's AGM, while Danny Gaekwad pushes for a higher bid against the Burman family's offer. SEBI returns Gaekwad's letter for a competing offer, and the Delhi HC issues a notice regarding Saluja's petition.SEBI Rejects Competing Open Offer for Religare - 28 Jan, 2025
The Securities and Exchange Board of India rejected Danny Gaekwad's open offer for a 26% stake in Religare, citing regulatory non-compliance. Shares fell 3.7% amid ongoing takeover battles.Intensifying Takeover Battle for Religare Enterprises - 25 Jan, 2025
The takeover battle for Religare Enterprises escalates as U.S. investor Digvijay Gaekwad proposes a competing bid at ₹275 per share, challenging the Burman family's lower offer. Concerns over undervaluation and regulatory compliance are raised, intensifying scrutiny on both bids.Religare Directors Critique Burman Open Offer Price - 23 Jan, 2025
Independent directors of Religare Enterprises advise shareholders to consider the low open offer price of Rs 235 per share from the Burman family, which is significantly below market prices. They raised concerns about undisclosed conditions in the RBI's approval for the offer, emphasizing the need for careful evaluation by shareholders.
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 IMPACTFII Holding Up
Foreign Institutions have increased holdings from 8.01% to 8.04% in Dec 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
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 78.56% to 78.82% in Dec 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, ICICI Prudential Life Insurance Company Ltd has given 10.4% return, outperforming this stock by 13.5%
NEGATIVE IMPACTPrice Dip
In the last 1 month, RELIGARE stock has moved down by -16.9%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 51.21 Cr → -43.08 Cr (in ₹), with an average decrease of 184.1% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 1.97K Cr → 1.67K Cr (in ₹), with an average decrease of 15.3% per quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 9.62% to 9.28% in Dec 2024 quarter
Religare Financials
Index Inclusions
Religare Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 8.04% | 0.43 | |
| Mutual Funds | 9.28% | ||
| Retail Investors | 78.82% | 0.33 | |
| Others | 3.86% | 1.33 |
Religare Key Indicators
Religare Valuation
Religare in the last 5 years
Lowest (-21.62x)
February 19, 2018
Industry (24.52x)
February 19, 2025
Today (49.52x)
February 19, 2025
Highest (64.16x)
January 9, 2025
Religare Earnings and Dividends
Religare Enterprises Ltd Earnings Results
Religare Enterprises Ltd’s net profit fell -320.92% since last year same period to ₹-43.08Cr in the Q3 2024-2025. On a quarterly growth basis, Religare Enterprises Ltd has generated -184.12% fall in its net profits since last 3-months.
Read More about Earnings Results
Religare Technicals Summary
Bearish
Neutral
Bullish
Religare Enterprises Ltd is currently in a Bearish trading position according to technical analysis indicators.
Religare Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹7,531.20 Cr | 80.24% | 0.53 | ₹347 Cr | ₹6,266 Cr | |
| NA | ₹3.38 Cr | 34.1% | 0.80 | NA | ₹1 Cr | |
| NA | ₹12.58 Cr | 12.48% | 0.70 | NA | NA | |
| NA | ₹189.51 Cr | -11.23% | 0.61 | NA | NA | |
| NA | ₹134.84 Cr | 16.52% | 0.80 | NA | NA |
About Religare
Share Price: ₹223.01 per share as on 20 Feb, 2025 04:01 PM
Market Capitalisation: ₹7,531.20Cr as of today
Revenue: ₹1,670.24Cr as on December 2024 (Q4 24)
Net Profit: ₹-63.28Cr as on December 2024 (Q4 24)
Listing date: 21 Nov, 2007
Chairperson Name: Rashmi Saluja
| Organisation | Religare |
| Headquarters | Noida |
| Industry | Finance |
| E-voting on shares | Click here to vote |
FAQs on Religare Enterprises Ltd
What is Religare Enterprises Ltd price today?
Religare Enterprises Ltd share price today stands at ₹223.01, Open: ₹227.8, Previous Close: ₹227.8, High: ₹229.16, Low: ₹222.5, 52 Week High: ₹320, 52 Week Low: ₹201.6.
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Is Religare Enterprises Ltd listed on NSE?
Religare Enterprises Ltd is listed on NSE
Is Religare Enterprises Ltd listed on BSE?
Religare Enterprises Ltd is listed on BSE
What are today's High and Low prices of Religare Enterprises Ltd?
- Today's highest price of Religare Enterprises Ltd is ₹229.16.
- Today's lowest price of Religare Enterprises Ltd is ₹222.5.
What are today's traded volumes of Religare Enterprises Ltd?
Today's traded volume of Religare Enterprises Ltd(RELIGARE) is 17.19L.
What is today's market capitalisation of Religare Enterprises Ltd?
Today's market capitalisation of Religare Enterprises Ltd(RELIGARE) is ₹7531.2Cr.
What is the 52 Week High and Low Range of Religare Enterprises Ltd?
How much percentage Religare Enterprises Ltd is down from its 52 Week High?
Religare Enterprises Ltd (RELIGARE) share price is ₹223.01. It is down -30.31% from its 52 Week High price of ₹320
How much percentage Religare Enterprises Ltd is up from its 52 Week low?
Religare Enterprises Ltd (RELIGARE) share price is ₹223.01. It is up 10.62% from its 52 Week Low price of ₹201.6
What are the historical returns of Religare Enterprises Ltd?
What is the PE ratio of Religare Enterprises Ltd today?
PE Ratio of Religare Enterprises Ltd is 49.52
PE ratio = Religare Enterprises Ltd Market price per share / Religare Enterprises Ltd Earnings per share