Sastasundar Ventures Ltd

NSE
SASTASUNDR •
BUY

1W Return

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1M Return

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6M Return

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1Y Return

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3Y Return

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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 %
25.70% Fall from 52W High
-19.4
TTM PE Ratio
Negative PE TTM
-28.7
Price to Book Ratio
Low in industry
1.2
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is negative
-0.7
RSI
RSI is mid-range
36.6
MFI
MFI is mid-range
61.8

Sastasundar Ventures Ltd Key Financials

*All values are in ₹ Cr.

Sastasundar Ventures Ltd shareholding Pattern

Promoter
73.9%
Foreign Institutions
0.5%
Domestic Institutions
0.9%
Public
24.7%

Sastasundar Ventures Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
3
Bearish Moving Averages
13
5Day EMA
382.70
10Day EMA
389.00
12Day EMA
391.50
20Day EMA
399.40
26Day EMA
403.30
50Day EMA
406.80
100Day EMA
389.20
200Day EMA
356.80
Delivery & Volume
Resistance & Support
378.53
Pivot
Resistance
First Resistance
385.92
Second Resistance
395.33
Third Resistance
402.72
Support
First Support
369.12
Second support
361.73
Third Support
352.32
Relative Strength Index
36.55
Money Flow Index
61.78
MACD
-11.83
MACD Signal
-9.15
Average True Range
19.35
Average Directional Index
17.79
Rate of Change (21)
-11.81
Rate of Change (125)
26.03

Sastasundar Ventures Ltd Company background

Founded in: 1989
Managing director: Banwari Lal Mittal
Sastasundar Ventures Ltd. (formerly known Microsec Financial Services Ltd) is a nonbanking financial company registered with the RBI. The company is a financial services company primarily providing retail broking and investment banking services. They provide financial products and services to their client base of retail investors, high net worth individuals, companies and institutions. At present, the Company is focusing largely on the business of digital network of healthcare and portfolio management services.The company is engaged in the financing and investment business which primarily comprises giving loans against shares, and making investments. In their financing and investment business, the company offers loans against shares to its clients, secured by liquid and marketable securities at appropriate margin levels. The company derives a major portion of their revenues from Eastern India, especially Kolkata.Microsec Financial Services Ltd was incorporated on June 6, 1989 as a private limited company with the name Satyam Fiscal Services Pvt Ltd. In October 17, 2005, the name of the company was changed from Satyam Fiscal Services Pvt Ltd to Microsec Financial Services Pvt Ltd. In October 21, 2005, the company was converted into a public limited company and the name was changed to Microsec Financial Services Ltd.Initially, the company was financial services company and was engaged in the business of financing and investment management. The Company was registered with the RBI as a NBFC since January 29, 2003, but did not have significant operations. As a part of the financing activities, the company was engaged in the business of providing loans and as a part of the investment management activities, they were engaged in the business of trading in securities.In the year 2005, the promoters acquired the entire shareholding of the Company from the previous shareholders. In August 1, 2005, 800,000 equity shares were transferred to Banwari Lal Mittal, and In October 1, 2005, 5,340 equity shares were transferred to LKPL, Abha Mittal, Prabhu Dayal Khaitan, Bharati Sharma, Ravi Kant Sharma and Sushila Devi Khaitan. In November 24, 2005, the company acquired the entire shareholding of Microsec Capital Ltd. Simultaneously, Microsec Capital Ltds subsidiaries Microsec Commerze Ltd and Microsec Risk Management Ltd (now Microsec Insurance Brokers Limited) became the indirect subsidiaries of the company. In February 1, 2006, the company acquired the entire shareholding of Microsec Resources Pvt Ltd. As per the scheme of amalgamation, Ravindra Shelter Ltd was amalgamated with the company.In March 30, 2006, the company acquired the entire share capital of MIL Technologies Ltd (now Microsec Technologies Ltd). Also, erstwhile Microsec Technologies Ltd was amalgamated with the MIL Technologies Ltd with effect from March 17, 2008 and was renamed as Microsec Technologies Ltd. In February 9, 2009, Microsec Technologies Ltd acquired the entire shareholding of PRP Technologies Ltd and thus of PRP Technologies Ltd the indirect subsidiary of the company.During the year 200809, Shringar Vinimay Pvt Ltd became a wholly owned subsidiary of the company with effect from February 26, 2009. Shringar Vinimay Pvt Ltd was engaged in the business of consultancy. Subsequently, in March 1, 2009, Shringar Vinimay Pvt Ltd was amalgamated with the company.As at June 30, 2010, the company had a network of 239 branches (which includes 237 branches of MCap and 2 branches of MCL), out of which 99 branches (which includes 97 branches of MCap and 2 branches of MCL) were located in Kolkata (where we also have our headquarters). In addition, 79 branches of MCap were located in West Bengal, excluding Kolkata.In July 19, 2010, the company and Debashish Ghoshal formed a limited liability partnership i.e. Microsec Invictus Advisors LLP to carry on the business of professional and consultancy services. The Company acquired 100% stake of Microsec Health Buddy Limited (formerly Myjpoy Fun Food Pvt Ltd) (MHBL) and integrated business of forseegame.com with Microsec Technologies Limited, a 100% ultimate subsidiary of Company. It launched sastasundar.com an innovative digital pharmacy and healthcare store in 2014.The Company got into a Share Purchase Agreement (SPA) on 19th April, 2016 for sale of 100% shareholding in Microsec Capital Limited (MCL) (the Demerged Comapny) through Scheme of Arrangement between Microsec Capital Limited (MCap), the wholly owned subsidiary company and Microsec Commerze Limited (MCL), a wholly owned subsidiary of Microsec Capital Limited and PRP Technologies Limited. The proposed scheme of arrangement envisages transfer of Consultancy and Investment undertakings of Microsec Capital Limited and Mirosec Commerze Limited into PRP Technologies Limited.Sasta Sundar Shop Private Limited, a wholly owned subsidiary was merged with Microsec Health Buddy Limited on 27th May, 2015 through scheme of arrangement w.e.f. 1st April, 2015.During FY 201819, the Company entered into a Share Purchase Agreement (SPA) with Genu Path Labs Limited and Sastasundar Healthbuddy Limited on 5th March, 2019. In terms of such SPA, the Company has sold the investment in Genu Path Labs Limited to Sastasundar Healthbuddy Limited for a consideration of Rs. 6 crores and resultantly the transaction concluded on 9th April, 2019. A new subsidiary was incorporated in the name and style Happymate Foods Limited to venture into Food business in 201819.The Scheme of Amalgamation of PRP Technologies Limited (PTL), Myjoy Tasty Food Private Limited (MTFPL) and Myjoy Hospitality Private Limited (MHPL) (the Transferor Companies) with the Company was approved by the Central Government on 9th January, 2018 and consequently, all the assets and liabilities of the PRP Technologies Limited (PTL), Myjoy Tasty Food Private Limited (MTFPL) and Myjoy Hospitality Private Limited (MHPL) (Transferor Companies) was transferred to the Company.During the year 202122, Sastasundar Healthbuddy Limited (SHBL), a subsidiary of the Company entered into a share subscription and purchase agreement dated 19th November, 2021 and a shareholders agreement dated 19th November, 2021 with Flipkart Health Private Limited, pursuant to SHBLs divestment of its equity holding in Sastasundar Marketplace Limited (SML), a wholly owned subsidiary of SHBL. Consequent to the abovementioned transaction, Flipkart Health Private Limited holds 75.1% of equity share capital of SML and the balance 24.9% of equity share capital of SML continues to be held by SHBL and hence, SML ceased to be a stepdown subsidiary of the Company on December 9, 2021. Post completion of this strategic partnership with Flipkart, the SastaSundar mobile APP and the website was renamed as FlipKart Health Plus. Thus, Sastasundar Marketplace Limited (SML) Now known as Flipkart Health Limited became Associate Company effective from December 9, 2021.
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Sastasundar Ventures Ltd FAQs

Sastasundar Ventures Ltd shares are currently priced at 376.5 on NSE and 378.25 on BSE as of 2/20/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Sastasundar Ventures Ltd [SASTASUNDR] share was 59.06. The Sastasundar Ventures Ltd [SASTASUNDR] share hit a 1-year low of Rs. 215.5 and a 1-year high of Rs. 506.75.

The market cap of Sastasundar Ventures Ltd is Rs. 1197.65 Cr. as of 2/20/2024 12:00:00 AM.

The PE ratios of Sastasundar Ventures Ltd is 0 as of 2/20/2024 12:00:00 AM.

The PB ratios of Sastasundar Ventures Ltd is 4.41 as of 2/20/2024 12:00:00 AM

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