ट्रेंडिंग न्यूज़

₹8 Best Penny Stock; FII Holding 86 Lakhs; Logistics Network In Rail, Air, Road

Penny Stocks: On Friday, the final day of trading there was a raging gain in penny stocks. One of them is logistics solution provider East West Holdings Limited. 

The share traded during trading was worth the price of Rs 8.78 which is an increase of five percent. While the closing price is 8.77. 

On the 18th of December, the price of this share was the price of 11.47. This is the 52-week high of the share. In March 2023, the price of shares dropped to the price of Rs 3.83. This is the stock’s 52-week lowest point. 

Foreign Investors Have Stakes 

International Institutional Investors (FIIs) have placed bets on the stock. A Mauritius-based FII Ag Dynamics Fund holds a majority stake in the company. FII holds a 6.78 percent stake in the small-cap stock. 

Based on the shareholding pattern in East-West Holdings Limited for the July-September 2023 quarter, the company based in Mauritius FII is holding 86.50 lakh shares. 

The stake of the promoter in this business amounts to 61.28 percent. In addition, the shareholding of the public stands at 38.72 percent. 

What Kind Of Return Can Anticipate?

The FII-backed penny stock delivered 85 percent of its profits to shareholders over the past six months. 

This penny stock has gone up from Rs 6.65 up to Rs 8.78 per share in the last month and has given approximately a 30 percent return to shareholders. 

In the past six months, the stock of this small-cap company has been able to increase between Rs 4.69 and has risen to Rs 8.78 for each share. 

In the past year, the penny stock climbed between Rs 5.98 and reached Rs 8.78 for each share. During this time, the stock increased by more than 45 percent was observed. 

This Decision Was Recently Taken 

East West Holdings has recently renewed its CHA service contract with the Indian Institute of Science, Bangalore. 

East West Holdings is providing the services of a house agent that is custom for the Indian Institute of Science.

About East West Holdings Ltd

East West Holdings Ltd is a company that operates in the transportation sector. It was established in the year 1981, under the Companies Act, of 1956. 

The name of the company had been altered from “Ranken Bonds & Holdings Limited” to “Bullish Bonds & Holdings Limited” and then to its current “EAST WEST HOLDINGS LIMITED” on April 2nd, 2019. 

The company operates in the trade that involves general business, purchasing and selling any kind of merchandise and products, and acting as purchasing selling, purchasing as well as Commission agents. 

The primary goal of the business is to conduct the business of offering logistics solutions, including ocean and air freight forwarding and road transport. 

The main segments it operates under include Transportation, Logistics, and related activities.

Fundamental Analysis of East West Holdings Ltd

Market Cap ₹ 112 Cr.
Current Price ₹ 8.78
52-wk High ₹ 8.78
52-wk Low ₹ 8.60
Stock P/E
Book Value ₹ 5.77
Dividend 0.00 %
ROCE 4.85 %
ROE -1.56 %
Face Value ₹ 2.00
P/B Value 1.52
OPM 4.39 %
EPS ₹ -0.10
Debt ₹ 92.0 Cr.
Debt to Equity 1.23

East West Holdings Shareholding Pattern

Promoters Holding
Sept 2022 59.87%
Dec 2022 59.87%
Mar 2023 59.87%
June 2023 60.58%
Sept 2023 61.28%
FII Holding
Sept 2022 8.66%
Dec 2022 8.66%
Mar 2023 8.66%
June 2023 0.00%
Sept 2023 6.78%
Public Holding
Sept 2022 31.47%
Dec 2022 31.46%
Mar 2023 31.46%
June 2023 39.43%
Sept 2023 31.94%

East West Holdings 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 ₹ 237 Cr
2020 ₹ 197 Cr
2021 ₹ 161 Cr
2022 ₹ 230 Cr
2023 ₹ 215 Cr

Last 5 Years’ Net Profit:

2019 ₹ 5 Cr
2020 ₹ 1 Cr
2021 ₹ -0 Cr
2022 ₹ 3 Cr
2023 ₹ -1 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019 0.78
2020 0.97
2021 1.08
2022 0.94
2023 1.23

Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:
Current Year: -158%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years: 3%
3 Years: 1%
Last Year: -2%

Sales Growth Over 10 Years:

10 Years:
5 Years: 3%
3 Years: 8%
Current Year: -15%

Company’s Negative Signs:

  • It has an extremely low coverage.
  • It has seen the lowest growth in sales of 3.17 percent over the last 5 years.
  • It has poor returns on equity (ROE) at 0.77 percent over the past three months.
  • The percentage of promoters who hold shares has decreased over three years, to -3.59 percent.

Conclusion

This article is a complete guide about East West Holdings Ltd 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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Also Read: Ashish Kacholia Portfolio Share: 21,65,500 Shares Bought! Share Was ₹62 In 2023

Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We are here to provide timely updates about the stock market and financial products to help you make better investment choices. Do your own research before any investment.

careermotto

A self-motivated and hard-working individual, I am currently engaged in the field of digital marketing to pursue my passion of writing and strategising. I have been awarded an MSc in Marketing and Strategy with Distinction by the University of Warwick with a special focus in Mobile Marketing. On the other hand, I have earned my undergraduate degrees in Liberal Education and Business Administration from FLAME University with a specialisation in Marketing and Psychology.

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