Religare Enterprises Ltd's earnings have declined by -12.1%, whereas share price has declined -10.5% CAGR over the past five years, indicating the company’s share price is likely overvalued. However, for specific investment actions please consult your investment advisor.
Religare Enterprises Ltd share price has declined -9.6% annually (CAGR) over the past ten years.
Past 10 years financial track record analysis by Moneyworks4me indicates that Religare Enterprises Ltd is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.
Religare Enterprises (REL) is engaged in providing financial products and services. REL provides services across three segments namely retail, institutional and wealth.
The company offers a wide range of investment options and financial services. REL has pan India presence spanning across 1550 locations in 460 cities and towns.
The company has acquired two hundred years old brokerage and investment firm-
The company has acquired two hundred years old brokerage and investment firm- Hichens, Harrison & Co. plc. This company was founded in 1803 in London. Today this firm is part of REL and renamed as Religare Hichens Harrison plc (RHH). RHH currently operates in 10 countries across the globe.
The company provides various services through its subsidiaries and associate companies namely Religare Securities, Religare Commodities, Religare Realty, Religare Capital Markets, Religare Hichens Harrison, Religare Finvest, Religare Insurance Broking, Religare Arts Initiative, Religare Venture Capital and Religare Asset Management
The company has taken initiatives and formed various companies such as Vistaar Religare Film Fund is a venture between REL and Vistaar Entertainment Ventures to fund films; RELâ€™s Femme Power is an independent financial advisory platform managed by women, for women and BANCINVEST is building a relation with large private and public sector banks to offer online/ offline equities and portfolio management services.
For BANCINVEST the company has partnership with various banks namely Karur Vyas, IndusInd Bank, Tamilnad Mercantile Bank, Corporation Bank, Bank of Rajasthan, Vijay Co-operative Bank, etc.
REL has forayed in life insurance by entering into partnership with Aegon which is one of the world's largest life insurance and pension groups. This joint venture has formed a company named as Aegon Religare Life Insurance Company
Products and Services
Retail- Under this it provides products and services in area of equity trading, commodities trading, mutual funds, personal financial services, consumer finance and insurance. It also provides bonds, deposits, IPOs and small saving scheme. The company also has online investment portal www.religareonline.com that makes available all the investment options online.
Wealth- Under this the company provides wealth management services, portfolio management services and advisory services.
Institutional- The company provides range of services such as broking, investment banking and insurance advisory to institutional customers.
Assets Management- The company has acquired Lotus India Asset Management and renamed as Religare Asset management Company.
REL entered into an IT infrastructure services agreement with IBM for deploying three energy-efficient and green Scalable Modular Data Centers (SMDCs) at a cost of $3.1 million.
2013â€¢Religare Health Insurance has been awarded the â€˜Editorâ€™s Choice Awardâ€™ by Finnoviti for â€˜Innovation in Product- Careâ€™.â€¢Religare's online Investor Education Initiative â€˜www.smarterwithmoney.inâ€™ has been conferred with â€˜The Futurist Marketing Hall of Fame Awardâ€™.â€¢In Charge â€“ Metals, Energy & Currency Research, Religare Securities Limited was conferred with â€˜Indiaâ€™s Best Market Analyst- Commodities Technicalsâ€™ Award at â€˜Zee Indiaâ€™s best Market Analyst Awards 2013â€™.â€¢The Indian Insurance Awards, has awarded AEGON Religare Life Insurance (ARLI) as the â€˜E-Business Leaderâ€™ under the category of Overall Insurance Industry Awards.â€¢Religare Health Insurance has been awarded the â€˜Technology Innovation in Health Insurance Awardâ€™ at the prestigious â€˜Indian Insurance Awards - 2013â€™.2012â€¢Religare Finvest Limited has been awarded the Finnoviti 2012 award in the â€œInnovation in Processâ€ category.â€¢Religare Securities Limited has been awarded the 'Best Investor Education & Category Enhancement â€“ Currency Broker' at the Bloomberg UTV Financial Leadership Awards.â€¢Religare Commodities Limited has been awarded the 'Best Commodity Broker' at the Bloomberg UTV Financial Leadership Awards.2011â€¢Religare Capital Markets has been adjudged the 'Most Improved Brokerage in the Last 12 Months' by Asia Money Brokers Poll.â€¢Religare Broking TVC (archery creative) won Silver Abby in the Sound and Design craft category at Goafest 2011.â€¢Religare Capital Markets Limited has been awarded the coveted Starmine award for the 'Best Brokerage Research House'.â€¢Religare Commodities Ltd has been awarded the ''The Best Commodity Broker of the year'' at the Bloomberg UTV''s financial Leadership awards.â€¢Religare Enterprises Ltd presented the the Best Retail Marketing Campaign of the Year 2010 at Asia Retail Congress.â€¢Religare Enterprises Ltd received the coveted Master Brand Award for 2010 and Best Marketing Campaign of the year at World Brand Congress 2010.2010â€¢Religare Securities Limited was awarded the 'Best Broking House with a Global Presence' by Dun and Bradstreet for 2010.â€¢Religare Tax Plan awarded the first runner up for NDTV mutual fund awards in the Equity Tax plan Category.â€¢Religare Capital Markets Ltd was awarded Best Deal in the Health Care Category for Acquisition of stake in Parkway Holdings Ltd by Fortis Health Care Ltd in the HealthCare/ Life Sciences Category.â€¢Religare awarded Greentech HR Excellence Awards, 2010 in 2 categories - Innovation in Recruitment & Technology Excellence in HR.â€¢Mr. Sunil Godhwani, conferred the ''Indian Business Leader of the Year'' award at the Global Indian Business Meeting hosted by Horasis.