Varanium Cloud Ltd share price logo

Varanium Cloud Ltd (CLOUD)

₹26.44.97%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    ₹23.9
    ₹26.4
  • 52 Week's Low

    52 Week's High

    ₹13.8
    ₹239.95
1 Month Return+ 18.63 %
3 Month Return-47.27 %
1 Year Return-80.77 %
Previous Close₹25.15
Open₹23.90
Volume7.65L
Upper Circuit-
Lower Circuit-
Market Cap₹101.91Cr

Key Statistics

P/E Ratio0.55
PEG Ratio0.01
Market Cap₹101.91 Cr
P/B Ratio4.89
EPS0

Company Information

Varanium Cloud Limited is a fast-growing Indian technology company providing a variety of digital services such as streaming audio and video content, PayFac based streaming services, and low-bandwidth edtech platforms. It has an innovative network technology that allows content to be delivered faster than conventional methods and is compatible with any device, making it device-agnostic. In 2018 Mr. Harshawardahn Hanmant Sabale took control of the company, and the following years saw milestones such as the launch of BSNL & Edmission partnership inaugurated by Hon. Chief Minister Shri Uddhav Thackeray, the edmission centre allowing students to participate in scholarship exams and access free WiFi mesh, audio and video conferencing solutions, online classes with Siddharth Academy, and Payment Gateway Services. Varanium Cloud Limited is delivering innovative digital services to governments, telecom operators, and businesses across India and internationally.

Share Price: ₹26.40 per share as on 19 Jul, 2024 04:01 PM
Market Capitalisation: ₹101.91Cr as of today
Revenue: ₹395.15Cr as on December 2023 (Q4 23)
Net Profit: ₹87.68Cr as on December 2023 (Q4 23)
Listing date: 27 Sep, 2022
Chairperson Name: HARSHAWARDHAN SABALE
OrganisationVaranium Cloud Ltd
Headquarters
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Varanium Cloud Ltd

  • SEBI Orders Varanium Cloud to Refund Misutilised IPO Funds - 13 Jun, 2024

    Varanium Cloud has been ordered by SEBI to refund funds raised through its IPO, which were found to have been misutilised. The company was found to have made fictitious purchases with one of the companies being SecUR Credentials. Belwalkar had also transferred Rs 8.23 crore to the MD of Varanium.

  • Varanium Cloud Shares Soar on NSE SME Platform - 24 May, 2024

    Shares of Varanium Cloud Ltd, an IT services company, allotted at INR 122 apiece, soared to INR 1,602.4 within four months of its debut on the NSEs SME platform in September 2022. The buzz around the remarkable investment helped propel its reputation.

  • Sebi Bans Varanium Cloud and Promoter from Capital Markets - 17 May, 2024

    Varanium Cloud's shares plummeted by 87% after Sebi found the company allegedly misused its IPO proceeds and used dubious transactions to paint a false picture of good financial health. The regulator banned Varanium Cloud and its promoter, Harshawardhan Hanmant Sabale, from the capital markets with immediate effect.

  • Varanium Cloud and its MD banned from capital market by SEBI - 16 May, 2024

    The Securities and Exchange Board of India (SEBI) has imposed a ban on Varanium Cloud, along with its promoter and managing director, Harshawardhan Hanmant Sabale, from the capital market due to alleged misconduct regarding the misuse of IPO proceeds. The investigation found discrepancies in financial reporting and diversion of funds raised through the IPO. Sabale is also restrained from assuming roles as a director or key managerial personnel in any listed company.

Insights on Varanium Cloud Ltd

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

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 35.36% to 63.51% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, CLOUD stock has moved down by -14.0%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 1.45% to 0.11% in Dec 2023 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 63.19% to 36.38% in Dec 2023 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹183.98Cr
↑352.48%
Total Liabilities
₹42.88Cr
↑67.89%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹2.68Cr
↓91.36%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
36.38%
-42.43
Foreign Institutions
0.11%
-92.62
Mutual Funds
0%
0.00
Retail Investors
63.51%
79.63
Others
0%
0.00

Key Indicators

Varanium Cloud Ltd Valuation

Varanium Cloud Ltd in the last 5 years

  • Overview

  • Trends

Lowest (0.00x)

September 29, 2023

Today (0.55x)

July 18, 2024

Industry (37.72x)

July 18, 2024

Highest (7.38x)

October 11, 2023

LowHigh

Earnings and Dividends

  • Varanium Cloud Ltd Earnings Results

    Varanium Cloud Ltd’s net profit jumped 196.22% since last year same period to ₹87.68Cr in the Q3 2023-2024. On a quarterly growth basis, Varanium Cloud Ltd has generated 115.59% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Varanium Cloud Ltd Dividends July,2023

    In the quarter ending June 2023, Varanium Cloud Ltd has declared dividend of ₹1.50 - translating a dividend yield of 31.81%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Varanium Cloud Ltd is currently in a Bearish trading position according to technical analysis indicators.

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Varanium Cloud Ltd shares.

Varanium Cloud Ltd (CLOUD) share price today is ₹26.4

Varanium Cloud Ltd is listed on NSE

Varanium Cloud Ltd is not listed on BSE

  • Today’s highest price of Varanium Cloud Ltd is ₹26.4.
  • Today’s lowest price of Varanium Cloud Ltd is ₹23.9.

PE Ratio of Varanium Cloud Ltd is 0.55

PE ratio = Varanium Cloud Ltd Market price per share / Varanium Cloud Ltd Earnings per share

Today’s traded volume of Varanium Cloud Ltd(CLOUD) is 7.65L.

Today’s market capitalisation of Varanium Cloud Ltd(CLOUD) is ₹101.91Cr.

Varanium Cloud Ltd(CLOUDPrice
52 Week High
₹239.95
52 Week Low
₹13.8

Varanium Cloud Ltd(CLOUD) share price is ₹26.4. It is down -89.00% from its 52 Week High price of ₹239.95

Varanium Cloud Ltd(CLOUD) share price is ₹26.4. It is up 91.30% from its 52 Week Low price of ₹13.8

Varanium Cloud Ltd(CLOUDReturns
1 Day Returns
1.25%
1 Month Returns
18.63%
3 Month Returns
-47.27%
1 Year Returns
-80.77%