Quadrant Televentures Ltd
QUAD

Quadrant Televentures Ltd (511116)

₹2.064.63%

Key Stats

₹2.06
Day's Price Range
₹2.16
₹0.32
52-Week Price Range
₹2.75
1 Month Return45.94 %
3 Month Return109.7 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 20
EPS
Rank 21
BVPS
Rank 20
₹-27.7
Dividend Yield
Rank 7
ROE
Rank 15
Price To Book Ratio
Rank 15
-0.08
Debt To Asset
Rank 2
3.41

Company Information

Incorporated on 2 Aug.46 The Investment Trust of India ITI is managed by chairman and managing director B K Kothari. During 200203 the name of the Company changed to HFCL Infotel Ltd as part of Companys diversification and restructuring programme HFCL Infotel Ltd transferor Company a telecommunication Company operating in the Punjab Circle merged with the Company through a Scheme of Amalgamation and decided to hive off the business of Hire Purchase Finance Leasing and Securities Trading by way of an outright sale with effect from 1st September 2002 to its wholly owned subsidiary Rajam Finance Investments Company India Ltd now renamed as The Investment Trust of India LtdOther group companies are Kothari Sugars and Chemicals and Madras Safe Deposit. In Sep.94 it came out with a rights issue of 21.79 lac shares premium : Rs 30 aggregating Rs 8.72 cr to augment longterm working capital. The company is mainly engaged in hire purchase lease financing and investments. Its clients include individuals firms as well as corporate bodies. ITIs business activities include sugar petrochemicals industrial alcohol etc. It has two subsidiaries ITI Pioneer AMC and ITI Capital Markets. ITI Pioneer AMC has promoted Kothari Pioneer Mutual Fund. ITI has invested 55 of its capital in ITI Pioneer AMC and the remaining 45 has been subscribed to by Pioneering Management Corporation US. During 199596 ITI Pioneer AMC Limited ceased to be a subsidiary of the company.During 199798 The companys holding in ITI Capital Market Ltd was sold to Kothari Pioneer AMC Ltd.During 200304 The company launched its Prepaid Mobile product and a complete range of innovative value Added Services and Data products were launched in May 2004 by the introduction of DSLhigh speed Internet product. The company became the first service provider to have launched DSL services in the state of Punjab and Chandigarh. During 200405 The company expanded its services to 125 cities/towns with 2.47 lacs subscribers in Punjab.The company is planning a venture into Video and Cable TV Services and making triple play services by an expansion into the neighbouring states of Punjab. A wholly owned subsidiary Connect Broadband Services Limited was formed on July 2004 for the above purpose.The Companys services namely Fixed Line Telephoney Mobile Telephoney Broadband Internet Access and Data Networking Access are offered under the brand name CONNECT.
OrganisationQuadrant Televentures Ltd
HeadquartersAurangabad.
IndustryTelecomm-Service