VLS Finance Ltd (VLSFINANCE)

₹257.5▲2.79%

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Overview

Fundamentals

Q3 '23 Results

Technicals

News and Events

VLS Finance Ltd share Performance

₹256.8
₹257.65
₹257.5
0.27%
Low
Day's Volatility:0.33%
High
0.06%
₹146.2
₹322.2
₹257.5
43.22%
Low
52 Weeks Volatility:68.35%
High
25.13%

Returns %
1 Month Return	1.26 %
3 Month Return	-0.77 %
1 Year Return	51.2 %

Market Stats
Previous Close	₹265.10
Open	₹256.80
Volume	44.91K
Upper Circuit	-
Lower Circuit	-
Market Cap	₹921.75Cr

Company Information

VLS Finance is a public limited company incorporated in 1986 that specializes in credit activities such as leasing, hire-purchase, ICDs, merchant banking, and treasury consultancy services. It came out with its first public issue in 1993 and its second public issue in 1994 at a premium of Rs 390. In the meantime, the company has formed two subsidiaries: VLS International and VLS IRIS India Advisory, both of which were established in Luxembourg. VLS IRIS India Advisory especially is the investment advisor of the IRIS India Fund which primarily invests in Indian securities. Additionally, the Reserve Bank of India granted the company with a certificate of registration as a non-banking finance company and removed the credit ceiling in respect of all registered NBFCs doing leasing, hire-purchase, loans, and investments. This will greatly improve the outlook of viable and efficient NBFCs in terms of business.

Share Price: ₹257.50 per share as on 06 May, 2024 12:26 PM
Market Capitalisation: ₹921.75Cr as of today
Revenue: ₹0.00Cr as on December 2023 (Q4 23)
Net Profit: ₹88.05Cr as on December 2023 (Q4 23)
Listing date: 05 Dec, 1994
Chairperson Name: Ajit Kumar

Organisation	VLS Finance Ltd
Headquarters
Industry	Finance
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Fundamentals of VLS Finance Ltd

Insights on VLS Finance 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 0.52% to 0.73% in Mar 2024 quarter
POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 89.75 Cr → 114.75 Cr (in ₹), with an average increase of 21.8% per quarter
POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 70.28 Cr → 88.05 Cr (in ₹), with an average increase of 20.2% per quarter
NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 50.84% of holdings in Mar 2024 quarter
NO EFFECT
Against Peers
In the last 3 years, Authum Investment & Infrastructure Ltd has given 2441.0% return, outperforming this stock by 2256.0%
NO EFFECT
Against Peers
In the last 1 year, Motilal Oswal Financial Services Ltd has given 315.1% return, outperforming this stock by 263.9%
NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 48.60% to 48.39% in Mar 2024 quarter
NEGATIVE IMPACT
Price Dip
In the last 7 days, VLSFINANCE stock has moved down by -3.1%