Hasti Finance Ltd's earnings have grown by 107%, whereas share price has declined -18.8% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.
Hasti Finance Ltd share price has declined -20.8% annually (CAGR) over the past ten years.
Data is not available for this company.
Hasti Finance was incorporated as a private limited company on August16, 1994 and was converted into a public limited company on March 24, 1995. The company is involved in the business of leasing and other financial activities.
The company gets its income from interest, hire purchase and financing of commercial and domestic vehicles, and other financing activities. Margins are under strain due to the entry of banks and financial institutions with similar activities.
The registered office is located in Chennai, Tamil Naidu. In December 2007, the board of directors approved investments for acquisition or taking up membership of BSE, NSE, NCDEX and MCIX exchanges for entering the stock broking business.
The board of directors of the company approved to acquire the 100% stakes in Surana Computers & Software Ltd, a company doing the computer hardware and software development.
The company will invest Rs 70 crore in three years for development of the stock broking business and to set up branches across the country. Earlier, the company acquired 100% stake in Surana Computers & Software, a company involved in computer hardware and software development.
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