Religare Enterprises Ltd Performance
Day's Low
Day's High
₹276.2₹288.1552 Week's Low
52 Week's High
₹201.6₹297.6
| Returns % | |
| 1 Month Return | -0.94 % |
| 3 Month Return | + 14.46 % |
| 1 Year Return | + 16.39 % |
| Market Stats | |
| Previous Close | ₹287.80 |
| Open | ₹287.80 |
| Volume | 8.14L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹9,505.89Cr |
Religare Enterprises Ltd Key Statistics
| P/E Ratio | 48.48 |
| PEG Ratio | -0.52 |
| Market Cap | ₹9,505.89 Cr |
| P/B Ratio | 2.19 |
| EPS | 97.93 |
| Dividend Yield | 0 |
| Sector | Finance |
| ROE | 0 |
Religare Enterprises Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹9,505.89 Cr | 105.93% | 0.53 | ₹3,168 Cr | ₹4,679 Cr | |
| NA | ₹17.88 Cr | 48.42% | 0.50 | NA | NA | |
| NA | ₹37.04 Cr | 30.63% | 0.50 | NA | NA | |
| NA | ₹52.93 Cr | -15.76% | 1.30 | ₹2 Cr | ₹6 Cr | |
| NA | ₹583.92 Cr | 468.34% | 0.50 | ₹36 Cr | ₹113 Cr |
Religare Enterprises Ltd Mutual Fund Holdings
About Religare Enterprises Ltd
Share Price: ₹278.30 per share as on 04 Oct, 2024 04:01 PM
Market Capitalisation: ₹9,505.89Cr as of today
Revenue: ₹1,714.43Cr as on June 2024 (Q2 24)
Net Profit: ₹26.81Cr as on June 2024 (Q2 24)
Listing date: 21 Nov, 2007
Chairperson Name: Rashmi Saluja
| Organisation | Religare Enterprises Ltd |
| Headquarters | Noida |
| Industry | Finance |
| E-voting on shares | Click here to vote |
Key events for Religare Enterprises Ltd
Burman Family Seeks Board Changes at Religare - 01 Oct, 2024
The Burman family, major shareholders of Religare Enterprises, has requested the removal of Rashmi Saluja from the board of Care Health Insurance ahead of the AGM.
Burman Family Pushes for Saluja's Removal from Board - 30 Sep, 2024
The Burman family, major shareholders of Religare Enterprises, has called for Rashmi Saluja's removal from Care Health Insurance's board due to ongoing legal issues and investigations, raising concerns ahead of the AGM.
Religare Enterprises AGM Postponed Amid Controversy - 28 Sep, 2024
Religare Enterprises has postponed its 40th AGM to December 2024, raising concerns from proxy advisory firm InGovern about shareholder rights. The company defends the delay, stating it follows legal provisions and dismisses allegations as misleading.
Religare Chairperson Critiques ESOP Misunderstandings - 27 Sep, 2024
Religare Enterprises Chairperson Rashmi Saluja expressed frustration over policymakers' lack of understanding of ESOPs, warning it could undermine their effectiveness. She refuted allegations from an InGovern report and explained the AGM postponement due to regulatory approvals related to a corporate takeover battle.
Religare Chairperson Seeks Government Intervention - 26 Sep, 2024
Rashmi Saluja, executive chairperson of Religare Enterprises, has reached out to the Ministry of Finance and Prime Minister's Office for intervention regarding allegations from SEBI and ED.
Rashmi Saluja Faces Scrutiny Amid Allegations - 25 Sep, 2024
Rashmi Saluja, Chairperson of Religare Enterprises, is under investigation by ED and SEBI for insider trading and conspiracy, seeking intervention from government authorities.
InGovern Flags AGM Delay Concerns for Religare - 23 Sep, 2024
Proxy advisory firm InGovern has raised concerns over Religare Enterprises' decision to postpone its AGM, affecting executive chairperson Rashmi Saluja's re-appointment. The delay has frustrated shareholders and intensified governance scrutiny amid ongoing disputes with Burman family-controlled firms.
InGovern Flags Governance Concerns Over AGM Delay - 22 Sep, 2024
InGovern has expressed concerns regarding Religare Enterprises' postponed AGM, citing governance issues and potential regulatory scrutiny from SEBI amid ongoing disputes and insider trading allegations.
Religare Enterprises Achieves Debt-Free Status - 20 Sep, 2024
Religare Enterprises Ltd has successfully cleared Rs 163.75 crore in debt owed to JM Financial, achieving external debt-free status. This follows a significant repayment of Rs 9,000 crore earlier this year, positioning the company for new lending opportunities amidst ongoing acquisition interest from the Burman family of Dabur.
Religare Becomes Debt-Free Amid Share Price Decline - 19 Sep, 2024
Religare Enterprises has cleared ₹163.75 crore debt, achieving debt-free status. However, shares fell due to ongoing takeover interest from the Burman family.
Burman Family Seeks Increased Stake in Religare - 18 Sep, 2024
The Delhi High Court has issued notices regarding the extension of Religare's AGM, originally set for September. The Burman family plans to increase their stake to over 25%, triggering an open offer to acquire 9 crore shares at Rs. 235 each, totaling ₹2,115 crore.
Religare Analyst Prefers IT and Private Banks - 13 Sep, 2024
Ajit Mishra from Religare Broking advises caution with mid and small-cap stocks, favoring IT and private banks over elevated valuation sectors like Defence and Railways.
FIR Filed Against Religare Executives by ED - 10 Sep, 2024
The Enforcement Directorate has filed an FIR against Religare Enterprises' executives, including Rashmi Saluja, for alleged involvement in a false case against the Burmans of the Dabur group, involving unlawful benefits of Rs 179 crore.
ED Complaint Against Religare Executives Raises Concerns - 09 Sep, 2024
The Enforcement Directorate has filed a complaint against Religare Enterprises' top executives for alleged financial misconduct related to the Burman family's acquisition attempts. The allegations include fund diversion and unlawful benefits, raising significant concerns for the company.
SEBI Directs Religare on Burman Family's Open Offer - 04 Sep, 2024
India's markets regulator, SEBI, has instructed Religare Enterprises to seek approvals for the Burman family's open offer to acquire more shares. Despite Religare's attempts to block the deal, the Burmans aim to increase their stake to nearly 51%. Shares of Religare rose 3.9% following the news, although they have fallen 13% since the open offer announcement last September.
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 IMPACTMF Holding Up
Mutual Funds have increased holdings from 4.92% to 7.70% in Jun 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
FII Holding Up
Foreign Institutions have increased holdings from 7.91% to 8.49% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Life Insurance Corporation of India has given 52.3% return, outperforming this stock by 35.9%
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 2 quarters, 2.10K Cr → 1.71K Cr (in ₹), with an average decrease of 18.6% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 83.89% to 80.52% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, RELIGARE stock has moved down by -4.7%
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 125.15 Cr → 18.0 Cr (in ₹), with an average decrease of 85.6% per quarter
Religare Enterprises Ltd Financials
Index Inclusions
Religare Enterprises Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 0% | 0.00 | |
| Foreign Institutions | 8.49% | 7.31 | |
| Mutual Funds | 7.7% | 56.45 | |
| Retail Investors | 80.52% | ||
| Others | 3.29% | 0.54 |
Religare Enterprises Ltd Key Indicators
Religare Enterprises Ltd Valuation
Religare Enterprises Ltd in the last 5 years
Lowest (-21.62x)
February 19, 2018
Industry (28.17x)
October 4, 2024
Today (48.48x)
October 4, 2024
Highest (51.11x)
October 1, 2024
Religare Enterprises Ltd Technicals Summary
Bearish
Neutral
Bullish
Religare Enterprises Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Religare Enterprises Ltd (RELIGARE) share price today is ₹278.3
Religare Enterprises Ltd is listed on NSE
Religare Enterprises Ltd is listed on BSE
- Today’s highest price of Religare Enterprises Ltd is ₹288.15.
- Today’s lowest price of Religare Enterprises Ltd is ₹276.2.
PE Ratio of Religare Enterprises Ltd is 48.48
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 8.14L.
Today’s market capitalisation of Religare Enterprises Ltd(RELIGARE) is ₹9505.89Cr.
| Religare Enterprises Ltd(RELIGARE | Price |
|---|---|
52 Week High | ₹297.6 |
52 Week Low | ₹201.6 |
Religare Enterprises Ltd(RELIGARE) share price is ₹278.3. It is down -6.49% from its 52 Week High price of ₹297.6
Religare Enterprises Ltd(RELIGARE) share price is ₹278.3. It is up 38.05% from its 52 Week Low price of ₹201.6
| Religare Enterprises Ltd(RELIGARE | Returns |
|---|---|
1 Day Returns | -9.5% |
1 Month Returns | -0.94% |
3 Month Returns | 14.46% |
1 Year Returns | 16.39% |