Futuristic Solutions Ltd

Futuristic Solutions Ltd Performance

₹30.45
Day's Price Range
₹31.97
₹29.8
52-Week Price Range
₹40.6
1 Month Return-1.14 %
3 Month Return-11.48 %
1 Year Return-16 %

Insights on Futuristic Solutions Ltd

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

  • imgPOSITIVE IMPACT

    Price Rise
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    In the last 2 years, FUTSOL stock has moved up by 53.0%

  • imgNO EFFECT

    Promoter Holding Unchanged
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    Promoters holdings remained unchanged at 68.49% of holdings in Dec 2022 quarter

  • imgNO EFFECT

    Against Peers
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    In the last 1 year, Power Finance Corporation Ltd has given 30.8% return, outperforming this stock by 44.3%

  • imgNO EFFECT

    Against Peers
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    In the last 3 years, REC Ltd has given 80.5% return, outperforming this stock by 101.8%

  • imgNO EFFECT

    Retail Holding Unchanged
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    Retail Investor holdings remained unchanged at 31.51% of holdings in Dec 2022 quarter

Futuristic Solutions Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
68.49%
0.00
Foreign Institutions
0%
0.00
Mutual Funds
0%
0.00
Retail Investors
31.51%
0.00
Others
0%
0.00

Futuristic Solutions Ltd Company Information

Futuristic Solutions Ltd was incorporated on September 21 1983 as a private limited company with the name of Moral Leasing Pvt Ltd. In September 23 1983 the company was converted into public limited company and the name was changed to Moral Leasing Ltd. The company was originally in the business of leasing. The company came out with its public issue in the year 1984 and got listed at Delhi Stock Exchange. The present management took over the company in the year 1987 and proceeded with the business of leasing. The present management in early nineties envisaged the concept of providing futuristic solutions of arbitration cases and then put in practice by executing the first agreement on January 2 1993. Since then the company has followed the process of asset reconstruction. In January 2002 the name of the company was changed from Moral Leasing Ltd to Futuristic Solutions Ltd. The company is registered with Reserve Bank of India as NBFC Company vide dated June 25 2002.Futuristic Solutions Ltd has been engaged in the business of securitization asset reconstruction for more than past 17 years. The company has been acquiring nonperforming assets from court auction / other sources and nursing them in its own way by adding value to their status so as to bring it back on rail before selling to the interested buyers at a premium.The company presently purchases NPAs unsettled claims of Government of Punjab and other assets belonging to the general public. The Company has a vast network of professional and other individuals through whom the company is able to generate business operations and market itself. The business process of the company generally includes Application or search for the appropriate claims properties NPAs distressed asset etc Valuation of the distressed asset Purchase of the NPA / distressed asset Strategy for the restructuring of the NPA and Disposition of the NPA.The company has already made an application with Reserve Bank of India for registration as an Asset Reconstruction Company. The company is hopeful that it will receive RBIs approval in the current year. Once the approval is received company will be able to purchase NPAs of the banks and Financial Institutions which are selling/ considering selling their NPAs to the NBFCs.

Futuristic Solutions Ltd Share Price: ₹30.45 per share as on 28 Mar, 2023 04:01 PM
Futuristic Solutions Ltd Market Capitalisation: ₹33.14Cr as of today
Futuristic Solutions Ltd Listing date: 03 Apr, 1997
Futuristic Solutions Ltd Chairperson Name: Mandeep Sandhu
OrganisationFuturistic Solutions Ltd
HeadquartersNew Delhi
IndustryFinance
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Frequently Asked Questions

Futuristic Solutions Ltd(534063) share price today is ₹30.45 (last updated 28 Mar, 2023 at 04:01 PM)

  • Today’s highest price of Futuristic Solutions Ltd(534063) is ₹31.97.
  • Today’s lowest price of Futuristic Solutions Ltd(534063) is ₹30.45.
  • (last updated 28 Mar, 2023 at 04:01 PM)
Today’s traded volume of Futuristic Solutions Ltd(534063) is 1200.
Today’s market capitalisation of Futuristic Solutions Ltd(534063) is ₹33.14Cr.
Futuristic Solutions Ltd(534063)Price
52 Week High₹40.60
52 Week Low₹29.80
  • (last updated 28 Mar, 2023 at 04:01 PM)
  • Futuristic Solutions Ltd(534063) share price is ₹30.45 (last updated 28 Mar, 2023 at 04:01 PM). It is down -25.00% from its 52 Week High price of ₹40.60
    Futuristic Solutions Ltd(534063) share price is ₹30.45 (last updated 28 Mar, 2023 at 04:01 PM). It is up 2.18% from its 52 Week Low price of ₹29.80
    Futuristic Solutions Ltd(534063)Returns (%)
    1 Day Returns0.00%
    1 Month Returns-1.14%
    1 Year Returns-16.00%
    3 Year Returns-17.26%
    5 Year Returns-26.98%
    Futuristic Solutions Ltd(534063) share price is ₹30.45 and its price to earning (PE) is 0.00. A high PE ratio indicates that a share price is overvalued, or investors are expecting a high growth rate in the future.