Airan Ltd (AIRAN)

₹25.55▲0.99%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Airan Ltd share Performance

₹25.25
₹25.85
₹25.55
1.17%
Low
Day's Volatility:2.35%
High
1.17%
₹15.15
₹37
₹25.55
40.70%
Low
52 Weeks Volatility:85.52%
High
44.81%

Returns %
1 Month Return	-0.2 %
3 Month Return	-11.38 %
1 Year Return	+ 64.82 %

Market Stats
Previous Close	₹₹25.30
Open	₹₹25.40
Volume	₹66.33K
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹316.30Cr

Company Information

Airan Limited was incorporated in Ahmedabad in 1995 and has since then been engaged in computer coaching activities, starting with one Wipro Brand PCXT machine and offering courses in DOS Basic Dbase Lotus 123 and Word Starr. The business further diversified in the later years into data processing, manual clearing and IPO applications processing. In 2001, Private Sector Banks opened up and MNCs spread out their branches and at this point, the company entered into agreements with banks such as HDFC Bank, UTI Bank, Citibank and more. During the years 2003 and 2004-2014, Airan Limited was appointed as the sole coordinators of Cash Management Services (CMS) for locations in Gujarat and Rajasthan for banks like Standard Chartered Bank, Deutsche Bank and ICICI Bank among others. The company also provided services for clearing operations at 9 locations in Western India.

Share Price: ₹25.55 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹316.30Cr as of today
Revenue: ₹25.25Cr as on December 2023 (Q4 23)
Net Profit: ₹3.16Cr as on December 2023 (Q4 23)
Listing date: 24 Mar, 2017
Chairperson Name: Sandeepkumar Agrawal

Organisation	Airan Ltd
Headquarters
Industry	IT - Software
E-voting on shares	Click here to vote

Key events for Airan Ltd

Airan Ltd's Stock Drops 27% in a Month - 21 Mar, 2024
Airan Ltd's stock has dropped by 27% in the past month, but it still gained 38% over the past year. The company's P/E ratio of 25.6x may make it look like a buy compared to other Indian companies, but further analysis is required to determine if there is a rational basis for the reduced P/E.

Fundamentals of Airan Ltd

Insights on Airan Ltd

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

POSITIVE IMPACT
Best in 1 Year
In the last 1 year, AIRAN has outperformed top 5 stocks with highest market-cap in IT Services & Consulting
POSITIVE IMPACT
Price Rise
In the last 3 years, AIRAN stock has moved up by 5.4%
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 72.37% of holdings in Mar 2024 quarter
NO EFFECT
Retail Holding Unchanged
Retail Investor holdings remained unchanged at 27.63% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 3 years, HCL Technologies Ltd has given 44.5% return, outperforming this stock by 39.1%
NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 27.25 Cr → 26.22 Cr (in ₹), with an average decrease of 3.8% per quarter
NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 3.06 Cr → 3.04 Cr (in ₹), with an average decrease of 0.7% per quarter