Algoquant Fintech Ltd

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
25.31% Fall from 52W High
-24.4
TTM PE Ratio
Negative PE TTM
-628.5
Price to Book Ratio
High in industry
28.4
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is much higher than 1
4.6
RSI
RSI is mid-range
42.2
MFI
MFI is mid-range
36.3

Algoquant Fintech Ltd shareholding Pattern

Promoter
65.9%
Foreign Institutions
5.5%
Domestic Institutions
0.1%
Public
28.5%
Promoter
65.9%
Foreign Institutions
5.6%
Domestic Institutions
0.1%
Public
28.4%
Promoter
65.9%
Foreign Institutions
5.6%
Domestic Institutions
0.1%
Public
28.4%
Promoter
65.9%
Foreign Institutions
5.6%
Domestic Institutions
0.1%
Public
28.4%
Promoter
65.9%
Foreign Institutions
5.8%
Domestic Institutions
0.1%
Public
28.2%
Promoter
65.9%
Foreign Institutions
5.6%
Domestic Institutions
0.1%
Public
28.5%

Algoquant Fintech Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
7
Bearish Moving Averages
9
5Day EMA
1,206.30
10Day EMA
1,209.20
12Day EMA
1,211.10
20Day EMA
1,220.80
26Day EMA
1,229.80
50Day EMA
1,258.00
100Day EMA
1,231.90
200Day EMA
1,090.60
5Day SMA
1,203.00
10Day SMA
1,205.60
20Day SMA
1,218.20
30Day SMA
1,227.60
50Day SMA
1,251.80
100Day SMA
1,323.00
150Day SMA
1,179.80
200Day SMA
1,048.40
Delivery & Volume
Resistance & Support
1,206.23
Pivot
Resistance
First Resistance
1,215.07
Second Resistance
1,220.28
Third Resistance
1,229.12
Support
First Support
1,201.02
Second support
1,192.18
Third Support
1,186.97
Relative Strength Index
42.22
Money Flow Index
36.29
MACD
-18.71
MACD Signal
-21.70
Average True Range
34.56
Average Directional Index
47.47
Rate of Change (21)
-2.36
Rate of Change (125)
55.71
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Dhunseri Ventures Ltd.
1168.97
232.3
558
GKW Ltd.
-
-
-
VLS Finance Ltd.
996.21
146.2
322
Algoquant Fintech Ltd.
-
-
-
Mkventures Capital Ltd.
-
-
-
Wealth First Portfolio Managers Ltd.
-
-
-
Radiant Cash Management Services Ltd.
842.57
73.8
114.2

Algoquant Fintech Ltd Company background

Founded in: 1962
Managing director: Devansh Gupta
Algoquant Fintech Limited (Formerly known as Hindustan Everest Tools Limited) was incorporated on January 25, 1962 and is presently engaged in the business of trading in financial instruments effective from February 10, 2011. The Company is a wholly owned subsidiary of Algoquant Investment Private Limited Formerly known as Mandelia Investment Private Limited. The Company was earlier engaged in the business of trading in metals, which was discontinued effective from 01 April, 2021. The company committed with production and marketing of high quality hand tools certified GS by VPA Remscheid, Germany for over four decades to buyers in the home country and in abroad. The products are in the names of Single Open End Spanners, Double Open End Spanners, Bihexagon Ring spanners, Combination Ring Open Ended Spanners, Sockets and Accessories, different Pliers, Pipe Wrenches (Stillson, Heavy duty and Chain Pipe Wrenches), Adjustable Wrenches, Screw Drivers, Grip Pliers, Slogging Wrenches etc. HETL manufacture hand tools by using high quality Chrome Vanadium Steel in different international standards like BIS, DIN, and ANSI etc. HETL in growing stage only. Growth in year by year is to boost up the company to expand the network in both domestic and in international level. The company faced an event of loss up to 200506 due to some internal and external reasons. Moreover the unprecedented power cuts even during winter months may affected the production of the company, to avoid this disturbance HETL hosted two power generators for uninterrupted power supply to our entire plant. 200607 was the milestone year to HETL, during the year comparatively the export accounted higher than the domestic sales of a company. The Companys management adopted one relentless effort to control consumption of all major inputs and increase in production efficiency. It gave good result to the company. HETL stands up from the loss to huge cash profit level. HETL have its own Research Development Centre, the Centre continuously endeavors to upgrade the existing products, process and venture in new product development and process improvement. Company extended the product range and has introduced new products based on customer requirement and its modification with help of the R D Centre. Other than the level, the company have prompt attention and services to all esteemed customers at all times and always like to establish long lasting cordial business relationship in both dimensions.The Erstwhile promoters and the Erstwhile Directors of the Company, Shri Shravan Kumar Mandelia (Promoter) and Shri Balgopal Mandelia (Promoter) had entered into a Share Purchase Agreement (SPA) dated 24th October 2020 for sale and transfer of entire Promoter Shareholding held in Hindustan Everest Tools Limited (Target Company) along with the Shares held by them in M/s Mandelia Investments Private Limited (MIPL) (the Holding Company of HETL) in favour of Algoquant Financials LLP (Acquirer), which made an Open Offer to the Public Equity Shareholders of the Company i.e., Hindustan Everest Tools Limited in terms of Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 and subsequent amendments thereto. MIPL holds 8,34,470 Equity Shares constituting 51.92% of the Voting Share Capital of the Target Company. Pursuant to the said SPA, the Acquirer acquired 100% of the Equity Share Capital of MIPL and indirectly acquired 8,34,470 Equity Shares constituting 51.92% of the Voting Share Capital of the Company. Pursuant to said SPA, there was a Change in Management Control of the Company: Mr. Shravan Kumar Mandelia and Mr. Balgopal Mandelia, Promoters and Managing Directors of the Company resigned from the directorship of the Company w.e.f. 11 February, 2021 and Mr. Dhruv Gupta and Mr. Devansh Gupta were appointed on the Board of the Company as Additional Directors (Category: Promoter Director) w.e.f. 09 February, 2021.During the year 202122, 16,07,200 equity shares of the face value of Rs. 10 each were divided into 80,36,000 Equity Shares of the face value of Rs. 2 each pursuant to subdivision of the equity shares of the Company in the ratio of 1:5 on 27 October 2021.
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