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Religare Enterprises Ltd Share Price (RELIGARE)

₹230.90.99%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Overview of Religare Enterprises Ltd

Key events for Religare Enterprises Ltd

  • Religare Enterprises Allots Equity Shares Under ESOP - 12 Apr, 2024

    Religare Enterprises has allotted 2,91,250 equity shares under ESOP, increasing the issued, subscribed and paid-up equity capital of the company from Rs. 3,29,72,11,630/- to Rs. 3,30,01,24,130/-.

  • Religare Enterprises Delivers 50% CAGR Over 5 Years - 04 Apr, 2024

    Religare Enterprises (NSE:RELIGARE) has delivered a massive 50% CAGR over the last five years, with an 8.2% surge in the past week alone. The company's transition to profitability justifies its strong share price gain.

  • Burman Family Increases Stake in Religare Enterprises - 30 Mar, 2024

    The Burman family has increased its stake in Religare Enterprises to 25.18%, securing veto rights on special resolutions at the financial services company.

  • Religare Shareholders Reject Resolutions Amid Tussle; ED Attaches Assets Worth Rs 124.5 Crore - 27 Mar, 2024

    Shareholders of Religare Enterprises have rejected two special resolutions proposed by the company while ED has attached immovable assets worth Rs 124.5 crore of several companies belonging to M3M Group in a money laundering investigation against Religare Finvest Ltd.

  • Religare Shareholders Reject Resolutions; ED Seizes Assets - 26 Mar, 2024

    Shareholders of Religare Enterprises have rejected two resolutions proposed by the company, signaling a lack of confidence in its management. Meanwhile, the Enforcement Directorate has seized assets worth over Rs 124 crore as part of a money laundering investigation against Religare Finvest Limited and others.

  • Religare's Special Resolutions Defeated by Shareholders - 25 Mar, 2024

    Both special resolutions floated by Religare Enterprises failed to obtain the required 75% voting in favor, resulting in a potential setback for Rashmi Saluja-led management amid conflict with the Burman family. The first resolution sought approval to invest up to Rs 15 crore in MIC Insurance Web Aggregator, while the second pertained to amending articles of association.

  • Religare Shareholders Vote Against Investment Proposal - 24 Mar, 2024

    Shareholders of Religare Enterprises have voted against the company's proposal to invest in its subsidiary MIC Insurance Web Aggregator. Proxy advisory firm InGovern has recommended shareholders vote against the resolution, citing lack of disclosures and co-relation with REL's core business. With an uncertain phase and regulatory probe underway, and a change in promoters and management imminent, the proposed investment must be kept at bay.

  • Burman Family Seeks Cancellation of Stock Options Granted to Religare Chairperson - 21 Mar, 2024

    The Burman family, which owns a substantial stake in Religare Enterprises, has sought the cancellation of employee stock options valued at Rs 350 crore granted to Religare chairperson Rashmi Saluja by subsidiary Care Health Insurance. The dispute between the management and one of India's most prominent business families has intensified.

  • Religare Board Appointment Questioned by Burman Family - 19 Mar, 2024

    The Burman family, who own over 25% of Religare Enterprises Ltd, have raised concerns about the appointment process of Rakesh Asthana as a director on the company's board. They argue that this appointment violates listing rules and should have been approved by shareholders within three months.

  • Proxy Advisory Firm Recommends Against Religare's Proposed Investment - 15 Mar, 2024

    Corporate governance tracker, InGovern Research Services, has recommended that Religare Enterprises' shareholders vote against a resolution proposing an investment in MIC Insurance Web Aggregator. The proxy advisor cited concerns over the lack of adequate disclosures and absence of correlation with Religare's core business.

  • InGovern Raises Concerns Over Religare's Investment in MIC Insurance - 14 Mar, 2024

    Proxy advisory firm InGovern has recommended shareholders of Religare Enterprises to vote against a resolution proposing an investment of ₹15 crore in MIC Investment Web Aggregator, citing wrong capital allocation at a time when there are significant upcoming payables in the form of loans and existing capital that must be deployed in its core business areas.

Religare Enterprises Ltd share Performance

  • ₹228.65
    ₹234.7
    ₹230.9
    downward going graph

    0.97%

    Downside

    Day's Volatility:2.62%

    Upside

    1.65%

    downward going graph
  • ₹142.95
    ₹280.6
    ₹230.9
    downward going graph

    38.09%

    Downside

    52 Weeks Volatility:59.61%

    Upside

    21.52%

    downward going graph
1 Month Return6.04 %
3 Month Return7.37 %
1 Year Return59.96 %
Previous Close₹233.20
Open₹232.00
Volume39.33L
Upper Circuit-
Lower Circuit-
Market Cap₹7,689.10Cr

Religare Enterprises Ltd Company Information

Religare Enterprises Limited (REL) is an India-based financial services group, offering an integrated suite of services from asset management to lending, investment banking, wealth management, life and health insurance. It was incorporated in 1984 and has expanded its reach and offerings in the five years from 2006 - 2011. During this time, REL’s consolidated revenues increased ten-fold to 32.5 billion while its balance sheet rose 20-times to 203.4 billion. REL is present overseas with a focus on emerging markets, including cash equity and investment banking with Religare Capital Markets. It has also acquired numerous entities such as Evolvence Advisors Private Limited, Kumar Capital Private Limited, Maharishi Housing Development Finance Corporation, and others to further its overall presence. As part of the REL network, RGAM Investment Advisors Private Limited, Religare Wealth Management, Religare Health Insurance Company, Religare Global Asset Management, and Religare Arts Initiative are branches offering their services in India and abroad. In 2021, the company introduced its charitable foundation, Religare Care Foundation, and its digital solutions business, Religare Digital Solutions Limited. With these strengthenings, the company is continuing its growth and consolidation in the financial services industry for a long-term future.

Share Price: ₹230.90 per share as on 12 Apr, 2024 04:01 PM
Market Capitalisation: ₹7,689.10Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹33.58Cr as on December 2023 (Q4 23)
Listing date: 21 Nov, 2007
Chairperson Name: Rashmi Saluja
OrganisationReligare Enterprises Ltd
HeadquartersNoida
IndustryFinance
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Fundamentals of Religare Enterprises Ltd

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.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, RELIGARE stock has moved up by 0.6%

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.67% to 3.69% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 80.31% to 82.25% in Dec 2023 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, RELIGARE has outperformed top 5 stocks with highest market-cap in Life & Health Insurance

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Life Insurance Corporation of India has given 76.2% return, outperforming this stock by 16.3%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 3.48K Cr → 19.5 Cr (in ₹), with an average decrease of 60.3% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 7.84% to 7.47% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 1.58K Cr → 1.53K Cr (in ₹), with an average decrease of 3.1% per quarter

Religare Enterprises Ltd Valuation

Religare Enterprises Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-21.62x)

February 19, 2018

Today (2.08x)

April 12, 2024

Industry (30.96x)

April 12, 2024

Highest (2.73x)

September 22, 2023

LowHigh

Religare Enterprises Ltd Mutual Fund Holdings

Funds Holdings
Motilal Oswal Focused Direct GrowthMotilal Oswal Focused Direct Growth5.96%
Motilal Oswal Balance Advantage Fund Direct Plan Growth OptionMotilal Oswal Balance Advantage Fund Direct Plan Growth Option5.65%
Motilal Oswal Large and Midcap Fund Direct GrowthMotilal Oswal Large and Midcap Fund Direct Growth1.71%
Motilal Oswal ELSS Tax Saver Fund Direct Plan GrowthMotilal Oswal ELSS Tax Saver Fund Direct Plan Growth1.89%
Motilal Oswal Large Cap Fund Direct GrowthMotilal Oswal Large Cap Fund Direct Growth3.22%

Religare Enterprises Ltd Shareholding Pattern

InvestorsHoldings %Prev. 4 periods3M change
Promoter Holdings
0%
0.00
Foreign Institutions
7.47%
-4.75
Mutual Funds
3.69%
0.43
Retail Investors
82.25%
2.42
Others
6.59%
-19.37

Technicals of Religare Enterprises Ltd share

News & Events of Religare Enterprises Ltd

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Religare Enterprises Ltd (RELIGARE) share price today is ₹230.9

Religare Enterprises Ltd is listed on NSE

Religare Enterprises Ltd is listed on BSE

  • Today’s highest price of Religare Enterprises Ltd is ₹234.7.
  • Today’s lowest price of Religare Enterprises Ltd is ₹228.65.

PE Ratio of Religare Enterprises Ltd is 2.08

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 39.33L.

Today’s market capitalisation of Religare Enterprises Ltd(RELIGARE) is ₹7689.1Cr.

Religare Enterprises Ltd(RELIGAREPrice
52 Week High
₹280.6
52 Week Low
₹142.95

Religare Enterprises Ltd(RELIGARE) share price is ₹230.9. It is down -17.71% from its 52 Week High price of ₹280.6

Religare Enterprises Ltd(RELIGARE) share price is ₹230.9. It is up 61.53% from its 52 Week Low price of ₹142.95

Religare Enterprises Ltd(RELIGAREReturns
1 Day Returns
-2.3%
1 Month Returns
6.04%
3 Month Returns
7.37%
1 Year Returns
59.96%