₹13 Share Hit Fresh Upper Circuit; Near 30% Return In 7 Days; 117% Return In 1 Month
Today, in this post we’ll discuss about Vuenow Infratech latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.
There was a tremendous rise in the stocks of VUENOW, a company related to IT infrastructure.
Due to the rise of 4.98%, the company’s stock hit the upper circuit and the trading closed at Rs 13.07.
After the market closed, the company made another big announcement. The company has given information about the dividend declaration in the exchange filing.
The company noted in its report in the filing that the meeting of its Board took place on Wednesday. Information about the declaration of dividends was given in this meeting.
The company has announced a dividend of 50 paise per share for the investors. The company has fixed April 23, 2024, as the record date for dividends.
The company has also informed that the dividend amount will be credited to the account within 30 days of the announcement.
VUENOW announced that it will pay dividends to shareholders for the very first time in its history. The company has never given any dividends before this.
Stock Performance
If we look at the performance of the company’s stock, it has given a return of 27.39 percent in one week, about 117 percent in 1 month, and 127 percent in 3 months.
This stock yielded an annual return of 385 percent over one year. Year to date i.e. from January till now the stock has given a return of 138 percent.
What Does The Company Do?
Vuenow is a service provider IT infrastructure (ITaaS) company.
This company works on the design, construction, and operations of cloud-built edge data centers. This company provides co-location and management services.
About Vuenow Infratech Company
Vuenow Infratech Limited (VIL) is a Public Limited Indian Non-Government Company. The company was founded in India on the 27th of September 1993.
It has a record of 30 years and 6 months. The registered office of the company is situated in Mumbai, Maharashtra, India.
The status of the Company is currently Active and it has submitted its Annual Returns and Financial Statements through 31 March 2023.
It’s a limited company governed by shares that has an authorization for a capitalization of 18.00 cr and a paid-up capital of 17.80 cr, according to records of the Ministry of Corporate Affairs (MCA) documents.
Fundamental Analysis of Vuenow Infratech
| Market Cap | ₹ 24.4 Cr. |
| Current Price | ₹ 13.7 |
| 52-wk High | ₹ 13.7 |
| 52-wk Low | ₹3.11 |
| Stock P/E | 24.4 |
| Book Value | – |
| Dividend | 0.00 % |
| ROCE | -431 % |
| ROE | – |
| Face Value | ₹ 10.0 |
| P/B Value | – |
| OPM | 17.5 % |
| EPS | – |
| Debt | ₹ 3.55 Cr. |
| Debt to Equity | 0.78 |
Vuenow Infratech Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹14 | ₹22 |
| 2025 | ₹23 | ₹26 |
| 2026 | ₹18 | ₹29 |
| 2027 | ₹26 | ₹33 |
| 2028 | ₹35 | ₹51 |
| 2029 | ₹50 | ₹56 |
| 2030 | ₹48 | ₹62 |
Vuenow Infratech Shareholding Pattern
| Promoters Holding | |
| Dec 2022 | 54.57% |
| Mar 2023 | 54.57% |
| June 2023 | 54.58% |
| Sept 2023 | 41.87% |
| Dec 2023 | 41.87% |
| DII Holding | |
| Dec 2022 | 0.01% |
| Mar 2023 | 0.01% |
| June 2023 | 0.01% |
| Sept 2023 | 0.01% |
| Dec 2023 | 0.01% |
| Public Holding | |
| Dec 2022 | 45.42% |
| Mar 2023 | 45.42% |
| June 2023 | 45.41% |
| Sept 2023 | 58.10% |
| Dec 2023 | 58.11% |
Vuenow Infratech Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹0.00 Cr |
| 2020 | ₹0.00 Cr |
| 2021 | ₹0.00 Cr |
| 2022 | ₹0.00 Cr |
| 2023 | ₹9.21 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹-0.14 Cr |
| 2020 | ₹-0.07 Cr |
| 2021 | ₹-0.06 Cr |
| 2022 | ₹-0.02 Cr |
| 2023 | ₹1.00 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | -1.06 |
| 2020 | -1.05 |
| 2021 | -1.04 |
| 2022 | -1.31 |
| 2023 | -1.07 |
Last 10 Years’ Profit Growth:
| 10 Years: | – |
| 5 Years: | – |
| 3 Years: | – |
| Current Year: | 386% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | – |
| 5 Years: | – |
| 3 Years: | – |
| Last Year: | – |
Sales Growth Over 10 Years:
| 10 Years: | – |
| 5 Years: | – |
| 3 Years: | – |
| Current Year: | – |
Conclusion
This article is a complete guide about Vuenow Infratech Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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