About company
Volatility in Stock markets is inherent, but such high volatility has been promising the high returns. Despite the ups and downs, Stock Markets has been good during the last year. In India, there has been a consistent demand from Micro, Small, and Medium Enterprises [MSMEs] for loans due to increasing business opportunities and support from the Government. Despite the NPAs in banks and NBFCs, financial system has been stable and improved.
Companys Performance
Supported by the robust surge in capital markets and the increased demand for loans helped the Company to gain a nominal revenue. It is expected optimistically to continue in the coming years.
Opportunity and Threats
Uncertainty in Global Markets due to recessionary environment poses threat for downtrend in Capital Markets. However, the management took possible steps to cash in on various opportunities and at times also observed closely which may lead to the erosion of investments.
Internal Control System and their Adequacy
With the support and guidance of experienced professionals, the Company has strengthened the internal controls to achieve efficiency in operations, optimum utilization of resources and effective monitoring thereof and compliance with applicable laws.
Companys Outlook:
The Company has been in discussion for possible Amalgamation / Merger with similar business entity(ies) as and when the right opportunities arise.
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.
www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.
Copyright © IIFL Securities Ltd. All rights Reserved.
Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
This certificate demonstrates that IIFL as an organization has defined and put in place best-practice information security processes.