Ugro Capital Ltd (UGROCAP)

₹271.1▲2.5%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

Ugro Capital Ltd share Performance

₹265.65
₹276.95
₹271.1
2.01%
Low
Day's Volatility:4.17%
High
2.16%
₹186
₹319.15
₹271.1
31.39%
Low
52 Weeks Volatility:49.11%
High
17.72%

Returns %
1 Month Return	+ 0.17 %
3 Month Return	-2.52 %
1 Year Return	+ 37.87 %

Market Stats
Previous Close	₹₹264.50
Open	₹₹267.00
Volume	₹2.69L
Upper Circuit	₹-
Lower Circuit	₹-
Market Cap	₹₹2,455.48Cr

Analyst Rating

based on 3 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 3 analysts offering long term price targets for Ugro Capital Ltd. An average target of ₹395

Source: S&P Global Market Intelligence

Company Information

Ugro Capital Limited (formerly Chokhani Securities Limited) is a systemically important Non-Banking Financial Company (NBFC-NDSI) registered since 11th March 1998. The company specializes in servicing MSMEs in the Healthcare, Education, Chemicals, Food Processing/FMCG, Hospitality, Electrical Equipment, Components, Auto Components, and Light Engineering segments. In 2003, it applied for membership of National Commodities and Derivatives Exchange (NCDEX), Mumbai. On 13th June 2019, the National Company Law Tribunal approved the Scheme of Arrangement between Asia Pragati Capfin Private Limited and Ugro Capital Limited. This resulted in a transfer of the lending business of APCPL with Ugro Capital Limited and the Scheme took effect from 30th June 2019. To complete the transition, Ugro Capital Limited had allotted 13565891 equity shares of Rs 10 each to the shareholders of APCPL on 30th July 2019.

Share Price: ₹271.10 per share as on 16 May, 2024 04:01 PM
Market Capitalisation: ₹2,455.48Cr as of today
Listing date: 01 Jan, 0001
Chairperson Name: Satyananda Mishra

Organisation	Ugro Capital Ltd
Headquarters
Industry	Finance
E-voting on shares	Click here to vote

Key events for Ugro Capital Ltd

UGRO Capital Acquires MyShubhLife, Receives Buy Rating from Emkay Global - 06 May, 2024
DataTech NBFC UGRO Capital acquires MyShubhLife for ₹45 crore and receives buy rating from Emkay Global Financials with a target price of Rs 410 due to recent capital raise and acquisition. High-frequency trading observed on May 3.
Ugro Capital Reports Strong FY 2024 Earnings - 04 May, 2024
Ugro Capital reported a significant increase in revenue and net income for FY 2024, with an EPS of ₹13.39, up from ₹5.69 in FY 2023. The company's profit margin also increased to 19%. Looking ahead, Ugro Capital is forecasted to grow at a faster rate than the Capital Markets industry in India.
Ugro Capital Raises Funds & Acquires Fintech Platform - 03 May, 2024
Ugro Capital raised Rs.13.3bn via issuance of CCDs and warrants convertible over the next 18 months. Additionally, the company acquired financial services platform MyShubhLife for Rs.45 crore. The firm reported a remarkable 54% YoY surge in revenue, climbing from Rs.209 crore in Q4FY23 to Rs.322 crore in Q4FY24.
Ugro Capital Board Approves Fundraise and Acquisition - 02 May, 2024
Ugro Capital's board has approved raising Rs 1,322 crore through convertible debentures and warrants from existing and new institutional investors. Additionally, the acquisition of financial services platform, MyShubhLife, for Rs 45 crore in a cash and equity deal is also approved. The company is set to release its quarterly earnings for January-March.
Ugro Capital Announces Change in Board of Directors - 26 Apr, 2024
Deepa Hingorani has resigned as Non-Executive (Nominee) Director of Ugro Capital, and Rohit Goyal has been appointed as her replacement by Danish Sustainable Development Goals Investment Fund.
Ugro Capital's AUM Jumps 48% - 16 Apr, 2024
Ugro Capital's asset under management (AUM) increased by 48% YoY to Rs 9,000 crore in Q4 FY24. The company's collection efficiency remained strong at 96%, and its total debt stood at around Rs 4,600 crore as of March 31, 2024.

Fundamentals of Ugro Capital Ltd

Insights on Ugro Capital Ltd

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

POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 3.32% to 3.34% in Mar 2024 quarter
POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 72.19% to 72.92% in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 1 year, Authum Investment & Infrastructure Ltd has given 270.8% return, outperforming this stock by 233.0%
NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 2.24% to 2.23% in Mar 2024 quarter
NEGATIVE IMPACT
Price Dip
In the last 6 months, UGROCAP stock has moved down by -6.7%