Should I buy infibeam shares?

Should I buy infibeam shares?

It seems like the market has well and truly priced in INFIBEAM’s positive outlook, with shares trading above industry price multiples. If you believe INFIBEAM should trade below its current price, selling high and buying it back up again when its price falls towards the industry PE ratio can be profitable.

Is vakrangee a fake company?

Vakrangee Limited is a technology company based in Mumbai, India that provides banking, insurance, e-governance, e-commerce, and logistics services. The company is one of the main providers of the software and equipment for voter id cards and Aadhaar cards.

Is vakrangee debt free?

Based on the latest financial disclosure, VAKRANGEE LTD has a Total Debt of 0.0. This is 100.0\% lower than that of the Technology sector and 100.0\% lower than that of the Software – Application industry. VAKRANGEE LTD is rated first in total debt category among related companies.

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Is infibeam debt free?

How Much Debt Does Infibeam Avenues Carry? You can click the graphic below for the historical numbers, but it shows that Infibeam Avenues had ₹185.2m of debt in March 2021, down from ₹283.9m, one year before. But it also has ₹3.45b in cash to offset that, meaning it has ₹3.27b net cash.

Who owns Ccavenue?

Infibeam Avenues
Infibeam/Parent organizations

Who is the owner of vakrangee?

Dinesh Nandwana
Dinesh Nandwana (born 28 March 1963 in Kota, Rajasthan) is an Indian first generation entrepreneur, currently the Executive Chairman of Vakrangee Limited, an Indian technology company….

Dinesh Nandwana
Occupation Chairmen of Vakrangee Limited
Website Dinesh Nandwana

Is it good to invest in vakrangee?

Is VAKRANGEE UnderValued or OverValued? As on 15-Dec-2021, VAKRANGEE is Over Valued based on the estimates of intrinsic value and hence may not be a good buying opportunity according to Share Valuation at this time!

Will vakrangee share price go up?

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VAKRANGEE is trading in the lower range of the quarterly prices. The NSE share VAKRANGEE Vakangee appears to be moving upwards constantly….Vakangee VAKRANGEE share price targets.

Downside intraday target 36.86
Downside short term target 37.43
Upside mid term target 39.08
Upside long term target 43.81

Is vakrangee Kendra profitable?

Vakrangee Franchise offers multiple services under one roof, making the venture successful and profitable for both, the Franchise owners as well as the customers.

What is the business model of vakrangee?

Our business model is specifically designed to cater to the requirements of the unserved and under-served sections in the society. Today, our Vakrangee Kendras have become multi-purpose convenient stores located across urban, rural and ‘difficult to reach’ areas of India.

Why is the Vakrangee share price falling?

The shares of Vakrangee Limited have fallen by 50 percent in the last 3-4 days after Mumbai Mirror published a story on the alleged manipulation of stock. The company has been a darling of investors as it has given 9000\% returns in the last 10 years, which is huge by any standards.

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What is the Vakrangee case all about?

It’s a case of poor governance and decision making of management. Vakrangee’s management bought 2 million shares of PC Jewellers in December at a price of approx 525. Later in January, Vakrangee’s board decided to sell these shares in open market (due to some liquidity and legal issues).

What is Vakrangee Kendra?

The Vakrangee Kendras, the retail outlet based organizations which likewise offer monetary items, contribute over 90\% of the incomes. The organization had 40,000 Kendras and was focusing on 50,000 by Mar 2018 and 65,000 by Mar 2019[1] .